3 Businesses situated on over 7.5 acres of land, with street frontage on one of the busiest Highways in Arizona. 2 restaurants & a storage lot. The Restaurants are on a private well & the home is on Arizona Water. Front Patio Dining as well as Back Patio Dining. Back patio has a bar. Panoramic Views from both Patios. These Restaurants are busy year round, by locals & tourists. The property has 3 different street frontages one of them being a Highway. This is your opportunity to own this spectacular property. PLEASE DO NOT DISTURB THE OCCUPANTS!
- Price:
- $7,000,000
- Square Footage:
- 4,661
- Acreage:
- 7.54
- Year Built:
- 1992
- Listing ID #:
- 6243545
- Street Address:
- 2304 N Cortez Rd Unit 2
- City:
- Apache Junction
- State:
- Arizona
- Postal Code:
- 85119
- County:
- Pinal
- Listing Status:
- Active
- Listing Type:
- Commercial
- Ceiling Height:
- 14.1 Feet To 16 Feet
- Construction Description:
- Block
- Dwelling Type:
- Commercial
- Exterior Features:
- Building Sign, Corner Lot, Dual Street Ftg, Monument Sign
- Flooring:
- Concrete
- Interior Features:
- Finished
- Stories:
- 1 Story
- Total Building Square Footage:
- 4661
- Type Of Roof:
- Built-Up
- Year Built:
- 1992
- Adjusted Gross Income:
- 1920000.00
- Annual Electric Expenses:
- 12000.00
- Annual Insurance Expenses:
- 15000.00
- Net Operating Income:
- 1600000.00
- Conforms To Zoning:
- B1
- Existing Land Use:
- Restaurant
- Lot Square Footage:
- 328355.00
- Ownership:
- Fee Simple
- Property Taxes:
- $15,163
- Fence:
- Chain Link
- Parking Description:
- Fenced, Free
- Parking Spaces:
- 100.00
- Uncovered Parking Spaces:
- 100.00
- Cooling System:
- Central A/C, Warehouse Evap
- Electricity:
- Srp
- Existing Water:
- Domestic Well
- Heating:
- Electric
- Sewage Type:
- Septic In & Cnctd
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Charlie Wise Jr. with Lost Dutchman Realty
