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    961 W Main St Mesa, AZ 85201

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    For Sale
    $1,500,000

    Renovated restaurant building near light rail and motel.

    Property size:
    5,665 SF
    Lot size:
    0.54 Acres

    Property Features for 961 W Main St

    General Information

    Size
    5,665 SF
    Lot size
    0.54 Acres

    Source: LRA Real Estate Group LLC Agent Bryan Watkins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mesa Restaurant Property For Sale

    This renovated restaurant property is available for sale. The 5,665 square-foot building, constructed in 1974, is situated on approximately 0.54 acres. The commercial kitchen is currently operational, and the owner is consolidating locations. Alternative uses include a breakfast-only restaurant. Located next to a motel, the property benefits from daily customer traffic. The property is located on West Main Street in Mesa, Maricopa County, Arizona, west of the City Center. The location offers convenient access to commercial services, thoroughfares, public transportation, and community services. The area is suitable for retail, commercial, and residential use, with high commuter and local traffic along Main Street. Future growth is anticipated due to its location on the light rail extension. The property faces the light rail and is only two blocks from the Alma School Station. Cities along the light rail are now allowing new walkable urban zoning, which generally allows up to 5 stories in new construction along the light rail corridor. Fixtures and furniture can be included in the sale.
    Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Similar Places Nearby

    bravo zulu

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8521923
    Latitude
    33.4146106

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    FAQs

    What type of property is this?
    Restaurant - Renovated restaurant building near light rail and motel.
    Where is this restaurant located?
    The property is located at 961 W Main St Mesa, AZ.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Renovated restaurant building with operating commercial kitchen, offering immediate use.; - Prime location next to a motel, ensuring consistent customer traffic.; - Located on Main Street, benefiting from high commuter and local traffic.
    (480) 734-7878
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    Mesa, AZ 85201
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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
    961 W Main St Mesa, AZ 85201
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