700 4th St Benson, AZ 85602-6300
Property summary
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.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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