Property summary
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.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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