4500 N 12TH Street

    Phoenix, AZ 85014
    • $550,000
    • STATUS: Active
    • ID#: 5917662
    $550,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,651
      SQFT
    • $333
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1949
    County:
    Area:

    School Ratings & Info

    Description

    Fabulous opportunity to take over an established Thai restaurant or potentially turn into neighborhood bar. Price includes building and land!! Endless possibilities with this fully remodeled building. Former Bar-Restaurant has all the same bones (bar-top) to re-establish itself back into the neighborhood hangout. Great walking location to many apartments, condos, houses in the area that pick up food. Most all of the kitchen appliances, tables, chairs are included with acceptable offer. With minimal advertising this place does well, imagine if the right owner took it too the next level. Please ask for specifics.

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Luxury Group - Realty Executives Tucson Elite. Data last updated 2019-11-13T00:11:35.44.
    www.luxurygroupaz.com/homes/94129248

    4500 N 12TH Street Phoenix, AZ 85014

    • Price: $550,000
    • Status: Active
    • ID#: 5917662
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    1,651
    SQFT
    $333
    $/SQFT
    1949
    Built
    Neighborhood:
    Meadowbrook Acres
    County:
    Maricopa
    Area:
    Phoenix
    Property Description
    Fabulous opportunity to take over an established Thai restaurant or potentially turn into neighborhood bar. Price includes building and land!! Endless possibilities with this fully remodeled building. Former Bar-Restaurant has all the same bones (bar-top) to re-establish itself back into the neighborhood hangout. Great walking location to many apartments, condos, houses in the area that pick up food. Most all of the kitchen appliances, tables, chairs are included with acceptable offer. With minimal advertising this place does well, imagine if the right owner took it too the next level. Please ask for specifics.
    Exterior Features

    Construction BlockWood/Frame Covered Parking Spaces 0.00 Exterior Features Corner LotLandscaping Fencing Partial Parking FreePrivate ParkingPaved ParkingPublic Parking Roofing Built-Up Stories 1 Story Total Parking Spaces 10.00 Uncovered Parking Spaces 10.00

    Interior Features

    Amenities Physcl Chlgd (Srmks)Kitchen Ceiling Height 10.1 Feet To 12 Feet Cooling Central A/C Flooring ConcreteCeramic Tile Heating Gas Interior Features FinishedFire SprinklersPublic Restrooms

    Property Features

    Adjusted Gross Inc 300000.00 Annual Elec Exp 6200.00 Annual Gas Exp 1500.00 Annual Ins Exp 6000.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 2000.00 Annual Legal And Acctg 5000.00 Annual Maint Exp 2500.00 Annual Mgmt Exp 80000.00 Annual Other Expense 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 1000.00 Annual Wtr Swr Exp 2400.00 Building Type Other (See Remarks) Cross Street Campbell And 12th St Current Use RestaurantFood ServiceBar Electric Aps Gas Sw Gas Gross Annual Sch Inc 300000.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 1 Net Operating Income 180000.00 Operating Exp 113780.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - PublicSewer-In & Connected Source Of Financial Data Other (See Remarks) Taxes 7180.00 Vacancy Allowance 0.00 Water Individual Meter Zoning C2

    Listing courtesy of Homesmart.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Luxury Group - Realty Executives Tucson Elite. Data last updated 2019-11-13T00:11:35.44.
     
    Luxury Group - Realty Executives Tucson Elite
    6760 N Oracle Rd Suite 130
    Tucson AZ, 85704