Skip To Content
    Return to Previous Page

    2448 NW Grand Avenue

    Phoenix, AZ 85009
    • $400,000
    • STATUS: Active
    • ID#: 6084750
    $400,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,744
      SQFT
    • $229
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1944
    County:
    Area:

    School Ratings & Info

    Description

    VISIT PHOTO TAB VIRTUAL PHOTO TOUROwn a Commercial Piece of downtown Phoenix! ''The market in Phoenix has been on fire and the super low cap rates continued to draw investors into the market,'' Phoenix Real Estate Investors Association President Chris Eymann said.Grand Ave Bar & Grill is an established BAR & Restaurant TENANT (Genuine Concepts) in place. This is instant rental cash flow for a long term Investor or an Owner Occupant own in the highly coveted Downtown Phoenix market. This restaurant has a tremendous Sports and Social following. All affixtures and equipment relative to operations of the Business does convey.

    Monthly Payment Calculator



    © 2020 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 Long Realty Company. Data last updated 2020-10-25T00:12:32.927.
    www.arizonahomesearch.com/homes/106385771
    Print Image

    2448 NW Grand Avenue Phoenix, AZ 85009

    • Price: $400,000
    • Status: Active
    • ID#: 6084750
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    1,744
    SQFT
    $229
    $/SQFT
    1944
    Built
    Neighborhood:
    Ti Pa Cu Tract
    County:
    Maricopa
    Area:
    Phoenix
    Property Description
    VISIT PHOTO TAB VIRTUAL PHOTO TOUROwn a Commercial Piece of downtown Phoenix! ''The market in Phoenix has been on fire and the super low cap rates continued to draw investors into the market,'' Phoenix Real Estate Investors Association President Chris Eymann said.Grand Ave Bar & Grill is an established BAR & Restaurant TENANT (Genuine Concepts) in place. This is instant rental cash flow for a long term Investor or an Owner Occupant own in the highly coveted Downtown Phoenix market. This restaurant has a tremendous Sports and Social following. All affixtures and equipment relative to operations of the Business does convey.
    Exterior Features

    Construction Frame - WoodOther (See Remarks)Tilt-Up Covered Parking Spaces 0.00 Exterior Features Building SignCorner LotDual Street FtgPole SignSecurity Light(S) Fencing Block Freeway Highway Frontage Parking FencedFreePaved Parking Roads Asphalt Roofing Built-Up Stories 1 Story Total Parking Spaces 20.00 Uncovered Parking Spaces 20.00

    Interior Features

    Amenities Kitchen Ceiling Height 10.1 Feet To 12 Feet Cooling Heat Pump Flooring Concrete Heating Heat Pump Interior Features Alarm SystemFinishedPrivate RestroomsSecurity Light(S)Smoke Detector(S)

    Property Features

    Adjusted Gross Inc 264000.00 Annual Elec Exp 7200.00 Annual Gas Exp 4200.00 Annual Ins Exp 2900.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 960.00 Annual Wtr Swr Exp 0.00 Building Type Commercial Cross Street I-17 & Thomas Current Use BarRestaurant Electric Aps Gas Sw Gas Gross Annual Sch Inc 264000.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 0 Net Operating Income 0.00 Operating Exp 18929.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Unknown Taxes 3669.00 Traffic Count 25001 To 35000 Vacancy Allowance 0.00 Water City Franchise Zoning C-3

    Listing courtesy of Delex Realty.


    © 2020 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 Long Realty Company. Data last updated 2020-10-25T00:12:32.927.
     
    Logo
    Long Realty Company
    4051 E. Sunrise Dr, Suite 101
    Tucson AZ, 85718