Turnkey Restaurant with Patio
1481 Az-89a Clarkdale, AZ 86324
For Sale
$1,499,000
COMMERCIAL - Clarkdale, AZ
Property Size4,058 SF
Lot Size1.75 Acres
Price / SF$369.39
Days on Market351
Property Features for 1481 Az-89a
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
40626344a
Size
4,058 SF
Lot size
1.75 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
11843
Utilities
Utilities
Phone Available
Heating system
Heat Pump (Heating), Natural Gas
Cooling system
Central Air, Heat Pump
Building Details
Roof type
Tile
Listing Agency:
Linton Real Estate
(928) 779-4411
Listed By:
Michelle M Linton
(928) 600-3974
Added: Aug 12, 2025
Changed: Jul 9
Last Checked: Jul 28 at 10:06AM
MLS# 201874
Copyright © 2026 Northern Arizona Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This vacant restaurant property is offered with a turnkey equipment package and a fully equipped, upgraded kitchen and dining area. The listing describes approximately 5,083 SF of restaurant space, including about a 4,000 SF kitchen and dining area, along with ample storage. Outdoor features include patio seating and water fountains, and the property has been recently refreshed with new exterior paint in excellent condition.
The restaurant is situated on a 1.75-acre commercially zoned lot with abundant parking and high visibility along Hwy 89A. An adjacent lot is included in the sale, and the listing notes it can be split, held, or used for future expansion.
Overall, the offering is positioned as a ready-to-operate restaurant site with both indoor improvements and outdoor guest seating, supported by a parking-forward site plan and the added flexibility of the included adjacent lot.
The restaurant is situated on a 1.75-acre commercially zoned lot with abundant parking and high visibility along Hwy 89A. An adjacent lot is included in the sale, and the listing notes it can be split, held, or used for future expansion.
Overall, the offering is positioned as a ready-to-operate restaurant site with both indoor improvements and outdoor guest seating, supported by a parking-forward site plan and the added flexibility of the included adjacent lot.
Key Highlights
- Fully equipped, upgraded 4,000 SF kitchen and dining area.
- 1.75‑acre commercially zoned lot with abundant parking and high visibility on Hwy 89A.
- Sale includes an adjacent lot for splitting, holding, or future expansion.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.9k | $18.96 |
| − Vacancy | −$5.0k | −$1.23 |
| EGI | $71.9k | $17.73 |
| − OpEx | −$18.0k | −$4.43 |
| NOI | $54.0k | $13.30 |
4,058 SF · lease $18.96/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$770.8K
$674.4K – $899.2K
NOI $53,954 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.36M
$1.19M – $1.59M
NOI $95,159 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Vacant restaurant with a fully equipped upgraded kitchen, dining area, patio seating, and ample parking on a commercially zoned lot.
Where is this conventional restaurant located?
The property is located at 1481 Az-89a Clarkdale, AZ.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Fully equipped, upgraded 4,000 SF kitchen and dining area.; 1.75‑acre commercially zoned lot with abundant parking and high visibility on Hwy 89A.; Sale includes an adjacent lot for splitting, holding, or future expansion.
