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    Historic Mill Avenue Investment Property
    Updated: Sep 22, 2025
    Historic Mill Avenue Investment Property

    401 S Mill Ave, Tempe, AZ

    Contact for pricing
    9,614 sqft 0.69 AC lot
    Irreplaceable location in Tempe's Mill Avenue Entertainment District
    100% occupied with thriving tenants: Devil's Hideaway and Serenity Wellness
    Trophy historical property listed on the National Register of Historic Places
    Adjacent to Arizona State University (ASU)
    Located in a flourishing office market
    View details
    Fully Built-Out Restaurant Space
    Updated: Apr 15
    Fully Built-Out Restaurant Space

    909 E Elliot Rd, Tempe, AZ 85284

    Contact for pricing
    5,200 sqft
    Approx. 5,200 sq. ft. large‑format restaurant space in Tempe, AZ
    Includes multiple private dining rooms plus a separate main dining area
    Separate dining areas designed for flexible restaurant and event‑driven operations
    Outdoor patio seating included
    Suitable for restaurant, bar, brunch, and event concepts, including catering and private events
    View details
    Waterfront Restaurant
    Waterfront Restaurant

    5250 S Lakeshore Dr, Tempe, AZ 85283

    Contact for pricing
    10,000 sqft 2.27 AC lot

    Waterfront setting with a private dock, multiple patios, event space, and a full commercial kitchen.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Freestanding Storefront Property
    Freestanding Storefront Property

    1825 E Baseline Rd, Tempe, AZ 85283

    Contact for pricing
    0.95 AC lot

    Fully leased commercial property with two established tenants, annual lease increases, and convenient freeway access.

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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 4 Active listings in Tempe, AZ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Remodeled Restaurant Bar
    Remodeled Restaurant Bar

    9-6429 E Main St, Mesa, AZ 85201

    $1,150,000
    3,261 sqft

    Remodeled restaurant bar with new interior finishes, bar, bathrooms, septic, and AC units, plus a lease in place.

    View details
    Old Town Scottsdale Retail Building
    Old Town Scottsdale Retail Building

    4301 N. Civic Center Plaza |, Scottsdale, AZ 85251

    $3,150,000
    3,280 sqft

    Fully leased retail building in Old Town Scottsdale entertainment district.

    View details
    Freestanding Restaurant with Event Space
    Freestanding Restaurant with Event Space

    1328 W University Drive, Mesa, AZ 85201

    Contact for pricing
    6,057 sqft

    Permitted food-and-beverage facility with commercial kitchen, terrace, stage, and dedicated storage.

    View details
    Bar and Pub Property
    Bar and Pub Property

    4301 N Civic Center Plaza, Scottsdale, AZ 85251

    Contact for pricing

    Commercial bar property that includes a kitchen component at a Scottsdale address.

    View details

    Off-Market Properties in Tempe, AZ

    Consider similar Off-Market properties in Tempe, AZ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1812 Apache Blvd
    BAR, TAVERN

    1812 Apache Blvd, Tempe, AZ 85281-6006

    $1,250,000
    Estimated value
    3,020 sqft 0.55 AC lot
    View details
    501 Ml Ave
    BAR, TAVERN

    501 Ml Ave, Tempe, AZ 85281-3622

    $22,200,000
    Estimated value
    18,826 sqft 0.08 AC lot
    View details
    910 Mcclintock Dr
    BAR, TAVERN

    910 Mcclintock Dr, Tempe, AZ 85288-6795

    $5,225,000
    Estimated value
    3,250 sqft 2.25 AC lot
    View details
    955 University Dr
    BAR, TAVERN

    955 University Dr, Tempe, AZ 85288-4205

    $7,210,000
    Estimated value
    3,311 sqft 1.06 AC lot
    View details
    715 Mcclintock Dr
    BAR, TAVERN

    715 Mcclintock Dr, Tempe, AZ 85288-2215

    $3,245,000
    Estimated value
    9,885 sqft 1.16 AC lot
    View details
    3400 Ml Ave
    BAR, TAVERN

    3400 Ml Ave, Tempe, AZ 85282-4960

    $675,000
    Estimated value
    5,091 sqft 0.14 AC lot
    View details
    607 Ml Ave
    NIGHTCLUB (COCKTAIL LOUNGE)

    607 Ml Ave, Tempe, AZ 85281-3608

    Value Estimation by Request
    8,925 sqft 0.20 AC lot
    View details
    925 Apache Blvd
    BAR, TAVERN

    925 Apache Blvd, Tempe, AZ 85281-5817

    $1,195,000
    Estimated value
    1,606 sqft 0.26 AC lot
    View details
    26 Farmer Ave
    BAR, TAVERN

    26 Farmer Ave, Tempe, AZ 85281-2720

    $1,005,000
    Estimated value
    3,116 sqft 0.53 AC lot
    View details
    601 University Dr
    BAR, TAVERN

    601 University Dr, Tempe, AZ 85281-3409

    $1,580,000
    Estimated value
    4,896 sqft 0.21 AC lot
    View details
    522 Ml Ave
    NIGHTCLUB (COCKTAIL LOUNGE)

    522 Ml Ave, Tempe, AZ 85281-3653

    Value Estimation by Request
    4,248 sqft 0.20 AC lot
    View details

    Tempe, AZ Bars & Pubs Market Trends and Statistics

    Explore 15 bars & pubs for sale in Tempe, AZ, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 24,814 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 18
    Bars & Pubs 6
    Drive through restaurants 5
    Coffee shops 2
    Turn key restaurants 2

    Demographics Overview

    Population 192K
    Population Growth (5Y) +0.9%
    Median Household Income $79,956
    College Educated 32.7%

    Taxes & Financing

    Tax Rate (average for all types) 5.89%
    Property Tax per SF $77.06 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Maricopa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Tempe fall within the 100,000+ square foot range.

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