Current Use by Public Records
- Retail properties & Spaces
Property Details for 16th St & Mcdowell Rd
- Year built
- 1988
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional turnkey restaurant opportunity is located in a high-traffic area of Phoenix, Arizona, at the intersection of 16th Street and McDowell Road, zip code 85016. The property, identified by APN 116-21-012, boasts a spacious 1,890 square foot interior, perfect for a variety of culinary concepts. Built in 1988, the property sits on a sizable 7,988 square foot lot and includes two buildings, offering potential for expansion or outdoor seating. The property is classified as retail, with a single tenancy, making it an ideal investment for a single owner-operator or a small restaurant group. Its prime location in Maricopa County ensures high visibility and accessibility for customers. The property's existing infrastructure provides a solid foundation for a new restaurant venture, minimizing initial setup costs and allowing for a swift transition into operation. This is a rare chance to acquire a well-situated, established restaurant space in a thriving Phoenix neighborhood. The property is being offered for sale and presents a compelling investment opportunity for those seeking to establish or expand their restaurant business in a dynamic market. The property's size and location make it suitable for a variety of restaurant concepts, from casual dining to fast-casual establishments. Serious inquiries are encouraged.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.048
- Latitude
- 33.5129
