Wonder Bar Pub
For Sale
$550,000
310 W 2nd St, Casa Grande, AZ 85122
A 1,908-square-foot hospitality property built in 1942, with restaurant and entertainment use subject to applicable approvals.
Property Size1,908 SF
Price / SF$288.26
Days on Market64
Property Features for 310 W 2nd St
General Information
Standard status
Active
Size
1,908 SF
Property subtype
Commercial
Building Details
Year Built
1942
Listing Agency:
Keller Williams Legacy One Realty
Listed By:
Jeril Benedict · License #SA559234000
(520) 251-1034
Source:
Allarizonahomesforsale
Added: Aug 27
Changed: Oct 25
Last Checked: Oct 28 at 8:56AM
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 Keller Williams Legacy One Realty
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Investment Insights
Based on property information with market context.
The Wonder Bar is a 1,908-square-foot commercial property constructed in 1942. Its existing identity and hospitality-oriented positioning support consideration for bar, restaurant, entertainment, or other commercial concepts, subject to applicable approvals.
Located at 310 W 2nd St in downtown Casa Grande, the property offers access and visibility within the downtown setting. The asset may suit an owner-operator, investor, or entrepreneur seeking a bar and pub property with an established local presence.
Located at 310 W 2nd St in downtown Casa Grande, the property offers access and visibility within the downtown setting. The asset may suit an owner-operator, investor, or entrepreneur seeking a bar and pub property with an established local presence.
Key Highlights
- 1,908‑square‑foot commercial property
- Built in 1942
- Located at 310 W 2nd St in downtown Casa Grande
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,084
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,680
$481.7K
Cap Rate 7%
$344,057
$344.1K
Cap Rate 9%
$267,600
$267.6K
Market Conditions
NOI Build-Up for 1,908 SF
Gross rent
$34.3K $18.00/SF
− Vacancy
−$2.2K −$1.17/SF
EGI
$32.1K $16.83/SF
− OpEx
−$8.0K −$4.21/SF
NOI
$24.1K $12.62/SF
Area
Pinal County, AZ
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,680
Cap Rate 7%
$344,057
Cap Rate 9%
$267,600
Alternative Uses
Best Use
Specialty Retail
$344.1K
$301.1K – $401.4K
NOI $24,084 @ 7.0% cap · market cap 4.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$527.5K
$461.6K – $615.4K
NOI $36,924 @ 7.0% cap · market cap 6.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
843
Businesses Nearby
31k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Groceries 33%
Dining 28%
Home Improvements & Furnishings 5%
Food City Arizona
Groceries
10,492 visits/mo
0.2 miles
Whataburger
Dining
6,101 visits/mo
0.4 miles
AutoZone
Shops & Services
4,311 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
3,773 visits/mo
0.3 miles
Domino's Pizza
Dining
2,632 visits/mo
0.1 miles
Demographics for 85122, AZ
55,063
Population
24,238
Households
2.3
Avg Household Size
39
Median Age
19%
College-Educated
88%
High-School Grad
56.4 sq mi
ZIP Area
976
Density / Sq Mi
$64,243
Median Household Income
$38,679
Median Earnings
$1,289
Median Rent
$242,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Daisy bar and grill — Casa Grande, AZ 85122
- Old Town Club — 412 N Florence St, Casa Grande, AZ 85122
- Triple RRR Production — 420 N Florence St, Casa Grande, AZ 85122
- rbg BAR & GRILL — 777 N Pinal Ave, Casa Grande, AZ 85122
- Wonder Bar — 310 W 2nd St, Casa Grande, AZ 85122
Frequently Asked Questions
What type of property is this?
Bar & Pub - A 1,908-square-foot hospitality property built in 1942, with restaurant and entertainment use subject to applicable approvals.
Where is this bar & pub located?
The property is located at 310 W 2nd St Casa Grande, AZ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,908‑square‑foot commercial property; Built in 1942; Located at 310 W 2nd St in downtown Casa Grande
