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Building Details

Building Size 3,111 SF

Year Built 1950

Stories 1

Listing Agency: RE/MAX Fine Properties

Listed By: Brook Miller · License #BR533974000 Show Phone

Source: Gillettegroupaz

Added: Oct 12 Changed: Oct 15 Last Checked: Oct 15 at 2:28AM

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Investment Insights

Based on property information with market context.

This operating restaurant occupies a 3,111-square-foot, single-level building constructed in 1950. The interior includes a large dining room, a private party room, and two bar areas. Kitchen equipment and features include multiple vent hoods, a dishwasher, a walk-in cooler, a grease trap, floor drains, and a water filtration system. The restaurant serves traditional Mexican food and holds a Series 12 liquor license.

The property spans two parcels on a corner lot totaling 28,873 square feet, or 0.66 acre, with on-site parking. A purified-water station leases space along the southern edge of the parking area, providing an existing tenant arrangement.

Key Highlights

• Operating restaurant with a Series 12 liquor license
• 3,111‑square‑foot, single‑level building; constructed in 1950
• Two parcels combine for 28,873 square feet, or 0.66 acre

Property Analytics

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Current Use

Lidia's Cocina at Old ... Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center

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

NNN (Triple Net)

Lease Type

$3.18 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

333

Businesses Nearby

26k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 40% Shops & Services 39% Home Improvements & Furnishings 21%

Taco Bell Dining

10,260 visits/mo 0.5 miles

7-Eleven Shops & Services

9,832 visits/mo 0.4 miles

Ruggiero's Ace Hardware Home Improvements & Furnishings

5,414 visits/mo 0.2 miles

Demographics for 85132, AZ

38,848

Population

11,901

Households

3.3

Avg Household Size

39

Median Age

18%

College-Educated

83%

High-School Grad

601.3 sq mi

ZIP Area

65

Density / Sq Mi

$76,832

Median Household Income

$41,633

Median Earnings

$1,268

Median Rent

$314,600

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Frequently Asked Questions

What type of property is this?

Conventional restaurant - A functioning, single-level restaurant features a full kitchen and a separate private event room.

Where is this conventional restaurant located?

The property is located at 505 S MAIN Street Florence, AZ.

What is the lease rate?

The lease rate is $5,500/Mo.

What are key features of this property?

This property features: Operating restaurant with a Series 12 liquor license; 3,111‑square‑foot, single‑level building; constructed in 1950; Two parcels combine for 28,873 square feet, or 0.66 acre