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Restaurant Building with Apartments
For Sale
$740,000

1112 S Kofa Ave, Parker, AZ 85344

Commercial restaurant building includes a walk-in freezer and two one-bedroom apartments at the rear with alley access.

Property Size812 SF
Price / SF$911.33
Days on Market40

Property Features for 1112 S Kofa Ave

General Information

Standard status Active
Size 812 SF

Additional Details

Multifamily Units 2

Building Details

Year Built 2011
Tenancy Multi
Listing Agency: David Plunkett Realty
Listed By: Marie Gonzalez · License #SA647001000
Source: Sellinghavasu
Added: Jul 23 Changed: Aug 8 Last Checked: Aug 30 at 6:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of David Plunkett Realty

Investment Insights

Based on property information with market context.

This centrally located commercial building is currently known as Lilys Mexican Restaurant. The property offers a restaurant space with a walk-in 20x10 freezer and is described as very clean inside and out, supported by plenty of on-site customer parking.

At the rear of the building are two 1-bedroom apartments, each with alley access and parking. The property is presented as generating income from all units.

Overall, the layout supports an owner/operator or mixed-use setup, combining restaurant operations with income-producing residential units in a single commercial building.

Key Highlights

  • 2011‑built 2,700 SF commercial restaurant building currently operating as Lilys Mexican Restaurant
  • Includes a 20x10 walk‑in freezer
  • Plenty of customer parking on site

Property Analytics

Current Use

Lily's Mexican Food Restaurant

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85344, AZ

9,137
Population
6,815
Households
1.3
Avg Household Size
42
Median Age
15%
College-Educated
83%
High-School Grad
880.3 sq mi
ZIP Area
10
Density / Sq Mi
$54,872
Median Household Income
$37,317
Median Earnings
$781
Median Rent
$173,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial restaurant building includes a walk-in freezer and two one-bedroom apartments at the rear with alley access.
Where is this conventional restaurant located?
The property is located at 1112 S Kofa Ave Parker, AZ.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: 2011‑built 2,700 SF commercial restaurant building currently operating as Lilys Mexican Restaurant; Includes a 20x10 walk‑in freezer; Plenty of customer parking on site
More about this property
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