Are you looking to be your own landlord and keep a low rent factor? Well here is your chance with this great restaurant and bar located in Mesa AZ on a major street. It doesn't get any cheaper than this at only $107 Sq. Ft. and includes nearly 1 acre with plenty of parking.
ABOUT THE SPACE
This Restaurant and Bar is in the heart of Mesa or a major street with massive daily car counts. The art-deco entrance of the building is smack in front of of the sidewalk, visible to all who drive by.
The building structure is all brick with a brand new roof. There are 3,261 Sq. Ft. of space. The interior was stripped and completely rebuilt. Its will make a really cool bar or even restaurant.
There are 6 total AC units on the new roof with 3 being brand new and the others only 3-5 years old. That's a total of 30 tons of cooling for a 3,261 Sq Ft. to keep your customers cool.
All you have to do is add the FF&E.
And if you need a liquor license, we have a Type 6 available for $130,000.
HOOD SYSTEM & GREASE TRAP
Current contractor says he can install a 15' Hood system and grease trap for $30,000.
SBA Loan is Available for this property for the qualified buyer with 15-20% down if you have solid restaurant experience, good credit and plenty of working capital. That comes to a Principal and interest payment of only $1,719 per month on a 25 year loan at 5.5%. I think it can be done at a lower interest rate! That effective makes your rent $6.43 cent per sq. ft. per year! OH MY GOD! Finish this restaurant for another $100,000 and WOW! Steal of the year!
|2014 Total Population||37,039||132,941||280,153|
|2010 Number Of Households||15,249||48,865||92,368|
|2010 Persons Per Household||2.14||2.50||2.72|
|Median House Value||$145,400||$164,109||$161,650|
|Income Per Household||$45,680||$55,605||$56,497|
|2009 Number Of Businesses||1,050||2,806||5,218|
|2012 Number Of Employees||39,404||75,654||129,400|
|2012 Total Annual Payroll||$723,285,000||$1,528,124,000||$2,366,149,000|
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