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Waterfront Restaurant
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5250 S Lakeshore Dr, Tempe, AZ 85283

Waterfront setting with a private dock, multiple patios, event space, and a full commercial kitchen.

Property Size10,000 SF
Lot Size2.27 Acres
Days on Market142

Property Features for 5250 S Lakeshore Dr

General Information

Standard status Active
Size 10,000 SF
Total Parking Spaces 96
Lot size 2.27 Acres
Property subtype Retail
Zoning PCC / C-C

Additional Details

Highway Access Yes
Patio Yes

Amenities

Private boat dock with pontoon boat
Listing Agency: RE/MAX Solutions
Listed By: Brook Miller, MBA · License #AZ BR533974000
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 6:42PM

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 RE/MAX Solutions

Investment Insights

Based on property information with market context.

This 10,000-square-foot restaurant and bar occupies a 2.27-acre waterfront parcel in The Lakes. The improvements include a full kitchen, large bar, private office, separate dining rooms, private party room, and multiple patios positioned along the water. A private boat dock with a pontoon boat and expansive outdoor seating are also included, along with 96 parking spaces.

The property has approximately 500+/- feet of shoreline and is surrounded by professional office space and a large residential community. Access to US 60 and AZ Loop 101 is nearby. PCC / C-C zoning supports the current restaurant and bar operation, with additional uses identified in the source including an event hall, religious facility, commercial kitchen, private club, and development possibilities.

Key Highlights

  • 10,000 square feet of restaurant and bar improvements on a 2.27‑acre waterfront lot
  • Approximately 500+/- feet of shoreline in The Lakes
  • Private boat dock with pontoon boat and multiple waterfront patios

Property Analytics

Current Use

Logan's Finest Refrigerator ... Home Appliance Store

Suggested Use

Top Pick Auto Parts Store Garden Center Furniture & Home Goods Bakery Grocery & Convenience Store Electrical Service

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,104
Businesses Nearby
41k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 73% Shops & Services 25% Beauty & Spa 2%
Wendy's Dining
13,963 visits/mo 0.4 miles
Barro's Pizza Dining
10,730 visits/mo 0.5 miles
Wells Fargo Shops & Services
9,547 visits/mo 0.4 miles
Menchie's Frozen Yogurt Dining
4,843 visits/mo 0.4 miles
Extra Space Storage Shops & Services
821 visits/mo 0.5 miles

Demographics for 85283, AZ

45,736
Population
20,620
Households
2.2
Avg Household Size
35
Median Age
44%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
5,197
Density / Sq Mi
$81,073
Median Household Income
$47,213
Median Earnings
$1,669
Median Rent
$409,800
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Waterfront setting with a private dock, multiple patios, event space, and a full commercial kitchen.
Where is this conventional restaurant located?
The property is located at 5250 S Lakeshore Dr Tempe, AZ.
What are key features of this property?
This property features: 10,000 square feet of restaurant and bar improvements on a 2.27‑acre waterfront lot; Approximately 500+/- feet of shoreline in The Lakes; Private boat dock with pontoon boat and multiple waterfront patios
(646) 206-0905 Call to check price and availability
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