Remodeled Restaurant
9-6429 E Main St Mesa, AZ 85201
For Sale
$1,200,000
Remodeled restaurant bar with new interior finishes, bar, bathrooms, septic, and AC units, plus a lease in place.
Property Size3,261 SF
Price / SF$367.99
Days on Market267
Property Features for 9-6429 E Main St
General Information
- Standard status
- Active
- Size
- 3,261 SF
Listing Agency:
Saguaro Desert Realty
(480) 580-0814
Listed By:
Sonia James
(480) 580-0814
Source:
Exprealty
Added: Oct 30, 2025
Changed: Jul 22
Last Checked: Jul 23 at 10:49AM
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 Saguaro Desert Realty
Investment Insights
Based on property information with market context.
This remodeled restaurant bar offers updated interior components, including new flooring, new paint, a new bar, and newly updated bathrooms. The property also includes new septic and new AC units. A lease is currently in place with 7 years remaining, and the business and liquor license are not included. The sale also includes parcel 141-58-070.
Located at 9-6429 E Main St, Mesa, AZ, the property is offered for sale as a turn-key, improved restaurant/bar space with operating continuity tied to the existing lease.
Note that while the building and improvements are included, the business and liquor license are excluded from the sale.
Located at 9-6429 E Main St, Mesa, AZ, the property is offered for sale as a turn-key, improved restaurant/bar space with operating continuity tied to the existing lease.
Note that while the building and improvements are included, the business and liquor license are excluded from the sale.
Key Highlights
- Building remodeled with new flooring and fresh interior paint
- Updates include a new bar and new bathrooms
- New septic system and new AC units
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.7k | $18.00 |
| − Vacancy | −$4.4k | −$1.35 |
| EGI | $54.3k | $16.65 |
| − OpEx | −$13.6k | −$4.16 |
| NOI | $40.7k | $12.49 |
3,261 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$581.7K
$509.0K – $678.7K
NOI $40,722 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$845.3K
$739.6K – $986.1K
NOI $59,168 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar Off Market Nearby
- Nile Theater — 105 W Main St, Mesa, AZ 85210
- 2nd friday night out — 101 W Main St, Mesa, AZ 85201
- Monoito Dj — 441 W Main St, Mesa, AZ 85201
- Desert Snack Bar — 405 W Main St, Mesa, AZ 85201
- il Vinaio — 270 W Main St, Mesa, AZ 85201
FAQs
What type of property is this?
Bar & Pub - Remodeled restaurant bar with new interior finishes, bar, bathrooms, septic, and AC units, plus a lease in place.
Where is this bar & pub located?
The property is located at 9-6429 E Main St Mesa, AZ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Building remodeled with new flooring and fresh interior paint; Updates include a new bar and new bathrooms; New septic system and new AC units
