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    OFF-MARKET
    Commercial real estate

    5079 Az Hwy 87 Hwy, Strawberry, AZ 85544

    0.39 ac lot Built 1986
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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