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    5250 S Lakeshore Drive

    Tempe, AZ 85283
    • $3,988,888
    • STATUS: Active
    • MLS #: 6120759
    UPDATED: 56 min ago
    $3,988,888
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,986
      SQFT
    • $399
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1973
    County:
    Area:

    School Ratings & Info

    Description

    One of a kind waterfront property in a great Tempe location. 10,000 square foot restaurant & bar situated on a 2 acre waterfront lot in The Lakes. 500+/- feet of shoreline. Private boat dock with pontoon boat, expansive outdoor seating and gorgeous out of this State views. Ample parking with 96 spaces, surrounded by professional office space and large residential community. Close proximity to both US 60 and AZ Loop 101. Full kitchen, private office, separate dining rooms and private party room, large bar, multiple patios on the water. Many possible uses with PCC / C-C zoning, previously used as an event hall, restaurant and bar. Other possible uses besides premium restaurant and event hall space include religious facility, commercial kitchen, private club & development possibilities.

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    © 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 My Home Group. Data last updated 2020-12-02T22:12:26.98.
    www.yournextvalleyhome.com/homes/109233590
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    5250 S Lakeshore Drive Tempe, AZ 85283

    • Price: $3,988,888
    • Status: Active
    • Updated: 56 min ago
    • MLS #: 6120759
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    9,986
    SQFT
    $399
    $/SQFT
    1973
    Built
    Neighborhood:
    The Lakes
    County:
    Maricopa
    Area:
    Tempe
    Property Description
    One of a kind waterfront property in a great Tempe location. 10,000 square foot restaurant & bar situated on a 2 acre waterfront lot in The Lakes. 500+/- feet of shoreline. Private boat dock with pontoon boat, expansive outdoor seating and gorgeous out of this State views. Ample parking with 96 spaces, surrounded by professional office space and large residential community. Close proximity to both US 60 and AZ Loop 101. Full kitchen, private office, separate dining rooms and private party room, large bar, multiple patios on the water. Many possible uses with PCC / C-C zoning, previously used as an event hall, restaurant and bar. Other possible uses besides premium restaurant and event hall space include religious facility, commercial kitchen, private club & development possibilities.
    Exterior Features

    Construction Block Covered Parking Spaces 0.00 Exterior Features LandscapingMonument SignSprinkler Sys-Ground Fencing OtherSee Remarks Freeway Highway Up To 1 Mile Parking Paved ParkingPublic Parking Roads AsphaltCurb(S) & Gutter(S) Roofing FoamTile Stories 1 Story Total Parking Spaces 96.00 Uncovered Parking Spaces 96.00

    Interior Features

    Amenities Conference RoomKitchenReception Room Ceiling Height 10.1 Feet To 12 Feet8.1 Feet To 10 Feet Cooling Central A/C Flooring Vinyl/Composition Heating Heat Pump Interior Features Alarm SystemFinishedFire SprinklersPhone SystemPrivate RestroomsPublic RestroomsSafe/Vault

    Property Features

    Adjusted Gross Inc 240000.00 Building Type CommercialOfficeOther (See Remarks) Cross Street Baseline And Rural Current Use BarFood ServiceOtherRestaurantSee RemarksService Business Electric 3 Phase PowerSrp Gas None Gross Annual Sch Inc 240000.00 Hoa Fee 897.00 Hoa YN Yes Loading Facilities Grade Level Lot Number N/A Net Operating Income 240000.00 Other Income 0.00 Ownership Fee Simple Sewer Sewer - Public Source Of Financial Data Projected Proforma Taxes 23684.00 Use Restrictions Existing Easement(S) Vacancy Allowance 0.00 Water City FranchiseIndividual Meter Zoning Pcc 1

    Listing courtesy of Re/Max Solutions.


    © 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 My Home Group. Data last updated 2020-12-02T22:12:26.98.
     
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    8360 E Raintree Drive, Suite 205
    Scottsdale AZ, 85260