5079 Az Hwy 87 Hwy Strawberry, AZ 85544
- Commercial real estate
- 0.39 lot acres
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Party Store / Balloon Store
- Skunk Funk / Corporate Campus / Wholesaler
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 5079 Az Hwy 87 Hwy
- Year built
- 1986
- Lot size
- 0.39 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 5079 N AZ Highway 87, Unit 5079, in Strawberry, Arizona, presents a unique investment opportunity. Boasting 0.39 acres and a spacious 3200 square foot interior, the property currently operates as a thriving restaurant with an attached studio apartment. The C3 zoning allows for a wide variety of uses, making it highly versatile. Key features include a large covered front patio, a lush green backyard patio with an outdoor bar, abundant parking, a full-service kitchen equipped with a vent hood and extra-large grease interceptor, and a walk-in cooler. Most equipment and furnishings are available via a separate bill of sale. The property's prime location in the heart of Strawberry, within walking distance of hotels, wedding venues, and residential neighborhoods, ensures high visibility and accessibility. The current restaurant experiences high demand, with lines and hour-long wait times during peak seasons, highlighting the significant potential for continued success or a change in concept. The asking price is $679,000, and seller financing with a substantial down payment may be available. This property offers a compelling return on investment, particularly given the current market demand and the potential for various commercial ventures.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Strawberry
- County
- Gila
- State
- Arizona
- Longitude
- -111.492
- Latitude
- 34.4069