700 E 4Th St Benson, AZ 85602
- Turn key restaurants
- 2,400 SF
- 0.31 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 700 E 4Th St
- Year built
- 1987
- Lot size
- 0.31 lot acres
- Property size
- 2,400 SF
- Property type
- Turn key restaurants
- APN
- 123-24-003E
- APU
- 12324003E
Description
This exceptional investment opportunity in Benson, Arizona, presents a turnkey restaurant and two income-generating rental units on a combined 0.57-acre lot. The property comprises two parcels, 123-24-003E and 123-24-003D, offering flexibility for potential separation. The established restaurant, operating successfully for two decades, boasts a loyal customer base and serves lunch and dinner. The current owners are retiring, presenting a unique chance for ownership. Two apartments generate additional rental income: a 1301 sq ft, 3-bedroom, 3-bathroom unit currently rented for $900 per month, and a 520 sq ft, 1-bedroom, 1-bathroom unit rented for $450 per month. This translates to a combined monthly rental income of $1350. The restaurant is offered at $375,000. The seller is open to financing options, including carrying the note or leasing the restaurant space for $1,500 per month. This presents a compelling opportunity to acquire a profitable, established business with significant rental income potential. The property's size and configuration offer considerable upside for future expansion or development. This is a rare chance to own a well-established business with immediate cash flow.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Benson
- County
- Cochise
- State
- Arizona
- Longitude
- -110.286
- Latitude
- 31.9653
- CBSA code
- 43420
- CBSA name
- SIERRA VISTA-DOUGLAS, AZ MICROPOLITAN STATISTICAL AREA
