Property profile

5079 Az Hwy 87 Hwy Strawberry, AZ 85544

OFF-MARKET
Commercial real estate
0.39 ac lot Built 1986
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Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Year built 1986
Lot 0.39 ac (16,988 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5079 Az Hwy 87 Hwy Strawberry, AZ 85544
Strawberry metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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