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    1605 Ash St Globe, AZ 85501

    For Sale
    $450,000

    Prime C2 Space, US60 Highway Frontage

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, located at 1605 E ASH Street in Globe, Arizona, offers 3,000 square feet of versatile space ideally suited for a bar or restaurant. Situated on a 0.65-acre lot directly on the busy US60 highway (ASH Street), this location boasts high visibility and significant daily traffic exceeding 20,000 vehicles. The property includes a valuable Gila County liquor license, enabling immediate operation subject to Arizona Liquor License approval of the applicant. This turnkey opportunity allows for a swift start to your business venture. A substantial private parking lot provides ample space for patrons and staff. The property's strategic location within an Opportunity Zone presents potential tax advantages

    Property Features for 1605 Ash St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    28,314 SF

    Building Details

    Year Built
    1960
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Globe
    County
    Gila
    State
    Arizona
    Longitude
    -110.7689
    Latitude
    33.39517

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    FAQs

    What type of property is this?
    Commercial real estate - Prime C2 Space, US60 Highway Frontage
    Where is this commercial real estate located?
    The property is located at 1605 Ash St Globe, AZ.
    What is the asking price?
    The asking price for this property is $450,000.
    (480) 399-1585
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    1605 Ash St Globe, AZ 85501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1605 Ash St Globe, AZ 85501
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