Skip To Content
    Return to Previous Page

    61 E University Drive

    Mesa, AZ 85201
    • $1,349,750
    • STATUS: Active
    • MLS #: 6100941
    UPDATED: 33 min ago
    $1,349,750
    • 0
      BEDS
    • 0.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,270
      SQFT
    • $186
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1986
    County:
    Area:

    School Ratings & Info

    Description

    DO NOT DISTURB TENANT. Occupied through Sep, 2021. Current tenant is a Mexican Seafood Restaurant and has expressed desire to stay beyond lease expiration; however, world events offer potential for early lease termination and new owner occupant. Opportunity Zone. Property located in Downtown Core and is adjacent to Mesa Amphitheater, Marriott Hotel, and 1/4 mile from new Downtown Mesa ASU campus. Significant development projects are happening all around property. Property itself underwent interior remodel in 2017 and shows well. Features large Chef's kitchen, large open Cocktail area and two separate dining areas. Occupancy permit: 299 persons. Seller owns most/all restaurant equipment and will convey. Additional parking on street and City lot. Owner / Agent. Drive by only.

    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 My Home Group. Data last updated 2020-12-05T09:12:40.197.
    www.yournextvalleyhome.com/homes/107674394
    Print Image

    61 E University Drive Mesa, AZ 85201

    • Price: $1,349,750
    • Status: Active
    • Updated: 33 min ago
    • MLS #: 6100941
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.52
    Acres
    7,270
    SQFT
    $186
    $/SQFT
    1986
    Built
    Neighborhood:
    Mesa Arizona
    County:
    Maricopa
    Area:
    Mesa
    Property Description
    DO NOT DISTURB TENANT. Occupied through Sep, 2021. Current tenant is a Mexican Seafood Restaurant and has expressed desire to stay beyond lease expiration; however, world events offer potential for early lease termination and new owner occupant. Opportunity Zone. Property located in Downtown Core and is adjacent to Mesa Amphitheater, Marriott Hotel, and 1/4 mile from new Downtown Mesa ASU campus. Significant development projects are happening all around property. Property itself underwent interior remodel in 2017 and shows well. Features large Chef's kitchen, large open Cocktail area and two separate dining areas. Occupancy permit: 299 persons. Seller owns most/all restaurant equipment and will convey. Additional parking on street and City lot. Owner / Agent. Drive by only.
    Exterior Features

    Construction BlockBrickTilt-Up Covered Parking Spaces 0.00 Exterior Features Building SignCorner LotMonument Sign Fencing None Freeway Highway 2.1 - 5 Miles Lot Size Dimensions 129.88' X 174.66' Parking Paved ParkingPrivate ParkingPublic Parking Roofing MetalRolled Stories 1 Story Total Parking Spaces 27.00 Uncovered Parking Spaces 27.00

    Interior Features

    Amenities KitchenReception Room Ceiling Height 14.1 Feet To 16 Feet16.1 Feet To 28 Feet Cooling Chiller SystemHeat Pump Flooring ConcreteVinyl/Composition Heating 2 Or More UnitsElectricHeat Pump Interior Features Alarm SystemFinishedPrivate RestroomsPublic RestroomsSecurity Light(S)Smoke Detector(S)

    Property Features

    Adjusted Gross Inc 76200.00 Building Type Commercial Cross Street University Dr And Centennial Way Current Use BarRestaurant Electric City Electric Gas City Gas Gross Annual Sch Inc 76200.00 Hoa Fee 0.00 Hoa YN Yes Loading Facilities None Lot Number 1 Net Operating Income 61800.00 Other Income 0.00 Ownership Fee Simple Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 14182.00 Traffic Count 25001 To 35000 Use Restrictions Currently Leased Vacancy Allowance 0.00 Water City Franchise Zoning C-Dt

    Listing courtesy of Dtd 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 My Home Group. Data last updated 2020-12-05T09:12:40.197.
     
    https://bt-photos.global.ssl.fastly.net/armls/orig_boomver_1_6100941-2.jpg https://bt-photos.global.ssl.fastly.net/armls/orig_boomver_1_6100941-2.jpg https://bt-photos.global.ssl.fastly.net/armls/orig_boomver_1_6100941-2.jpg
    Logo
    My Home Group
    8360 E Raintree Drive, Suite 205
    Scottsdale AZ, 85260