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    343 Monroe Ave Buckeye, AZ 85326

    For Lease
    $40 SF/Yr

    High-traffic retail/office space, 5 suites.

    Lot size:
    12,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 12,350 square foot commercial property, located at 343 Monroe Ave, Buckeye, AZ 85326 (corner of Monroe & 4th St), presents a unique investment opportunity in the heart of downtown Buckeye. Built in 1915 and extensively renovated in 2022, this single-story building offers five suites, ranging from a minimum of 667 square feet to a maximum contiguous space of 5,111 square feet. Currently, three spaces are available, totaling 9,681 square feet of vacant space, ideal for a variety of uses. The property's diverse tenant mix includes a coffee shop, a creative photoshoot company, and a bath product line business, demonstrating its appeal to a broad range of businesses. Previously occupied by a Mexican restaurant, the space is adaptable to various concepts, including retail, dining, or service-based businesses. The 0.65-acre lot provides ample space, and the property includes 29 parking spaces for customer and tenant convenience. This prime location ensures high foot traffic, making it an excellent choice for businesses seeking visibility and accessibility in a thriving downtown area. The property's history and recent renovations combine to offer a unique blend of character and modern amenities. Don't miss this chance to establish your business in this vibrant and growing community.

    Property Features for 343 Monroe Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,350 SF
    Total Rate
    41166.67

    Building Details

    Year Built/Renovated
    1915/2022
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 145
    Size
    1,089 SF
    Rate per SF
    $40
    Space
    Suite 115-140
    Size
    5,111 SF
    Rate per SF
    $40
    Space
    Suite 135
    Size
    667 SF
    Rate per SF
    $40

    HighLights

    • 12,350 SF commercial building on a 0.65‑acre lot at 343 Monroe Ave, Buckeye, AZ.
    • Single‑story building with five suites, ranging from 667 SF to 5,111 SF contiguous.
    • 9,681 SF of vacant space available, suitable for retail, dining, or service businesses.
    • 29 parking spaces and prime downtown Buckeye location with high foot traffic.
    • Extensively renovated in 2022, combining historic charm with modern amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Gelato Tavern Cafe DeGiNo Coffee Bar Coffee Shop West Streets Studio Photography Studio Rancheros Rodeo Restaurant Mexican Restaurant CookieSuperb LLC Bakery

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Buckeye
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.58673099053
    Latitude
    33.370460496941

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail/office space, 5 suites.
    Where is this restaurant located?
    The property is located at 343 Monroe Ave Buckeye, AZ.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: 12,350 SF commercial building on a 0.65-acre lot at 343 Monroe Ave, Buckeye, AZ.; Single-story building with five suites, ranging from 667 SF to 5,111 SF contiguous.; 9,681 SF of vacant space available, suitable for retail, dining, or service businesses.
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    Buckeye, AZ 85326
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    343 Monroe Ave Buckeye, AZ 85326
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