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    Fredonia Restaurant and Event Venue Title is generated by Realmo AI

    2633 N US Highway 89A, Fredonia, AZ 86022

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    For Sale
    $650,000

    Commercial Building, 2 story above ground, Cabin - Fredonia, AZ

    Property size:
    6,868 SF
    Lot size:
    1.26 Acres
    Price / SF:
    $94/SF
    Added:
    May 13, 2026
    Days on Market:
    3
    Last Refresh:
    May 15 at 1:06 am

    Property Features for 2633 N US Highway 89A

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Business,Commercial,Industrial
    Interior features
    Accessibility Features
    Exterior features
    Fenced- Partial, Landscape- Partial, View Of Mountains
    Fencing
    Fenced
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    601-02-003-g
    Size
    6,868 SF
    Lot size
    1.26 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3777

    Utilities

    Heating system
    Central, Forced Air
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1984
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Carmen Bradley

    Listing agent Carmen Bradley License #BR570558000

    Listing office Distinction Real Estate 11240 S River Heights Dr. Suite 150, SO Jordan, AZ

    Listing date May 13, 2026

    MLS# 1501120 Listing URL

    Copyright © 2026 Fredonia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime highway‑front location with exceptional visibility.
    • Large seating capacity accommodating over 300 guests.
    • Versatile venue suitable for fine dining, sports bar, weddings, and events.
    • Turnkey opportunity; offered fully equipped.
    • Large 1.26 acre lot with ample paved parking.
    • Includes a 24' x 12' walk‑in cooler.

    Overview

    This commercial property is a restaurant and event venue situated in a highway-front location. The two-story building has a total area of 6,868 square feet and is located in Fredonia, Arizona. The property is zoned for business, commercial, and industrial use. It features a large seating capacity, accommodating over 300 guests. The main dining room seats 126, the upstairs sports grill seats 55, and the outdoor patio and deck accommodate 90. A full-service bar provides seating for 30. The property is situated on 1.26 acres and includes a large paved parking lot. It is equipped with a 24' x 12' walk-in cooler. The property is suitable for fine dining, sports bar operations, weddings, tour groups, and private events.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Law Firm Big Box & Wholesale Store Auto Parts Store Nail Salon Hotel & Motel Storage Facility Cafe & Coffee Shop Car Rental Facility Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredonia
    County
    Coconino
    State
    Arizona
    Longitude
    -112.5312433
    Latitude
    36.9943692

    Nearby Similar for Sale

    • $980,000
      10,168 SF

      Fredonia Commercial Property on 3.61 Acres

      Versatile commercial property with lodging, dining, and development potential.
      465 S Main St, Fredonia, AZ 86022
      View Details
    • $650,000
      6,868 SF

      Fredonia Restaurant with Highway Frontage

      Large restaurant and bar with highway frontage on 1.26 acres.
      2633 N US Highway 89A, Fredonia, AZ 86022
      View Details
    • $2,343,582
      10,542 SF

      New Dollar General Build-to-Suit

      New 10,542 SF Dollar General in Fredonia, Arizona.
      15 E Pat Dr, Fredonia, AZ
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Established restaurant and event venue on 1.26 acres.
    Where is this conventional restaurant located?
    The property is located at 2633 N US Highway 89A Fredonia, AZ.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Prime highway‑front location with exceptional visibility.; Large seating capacity accommodating over 300 guests.; Versatile venue suitable for fine dining, sports bar, weddings, and events.
    (435) 899-5555
    We can help!
    Listing Contact
    Carmen Bradley
    Real Estate License ID: BR570558000
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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    2633 N US Highway 89A, Fredonia, AZ 86022
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