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  • DESCRIPTION

    Nestled in Hip & historic downtown Chandler, this is RARE opportunity to own a newly remodeled piece of Chandler's history. Originally built in 1928 as Chandler's 1st movie theater, today it's a turn-key restaurant with mezzanine private dining & small basement (both approx.700 sq ft). All Fixtures, Furniture & Equipment (FF&E) convey from the 4-year NEW remodel. The value is not derived from rent income or remodel costs, but primarily the opportunity to own. PERFECT for an owner/operator looking to be a part of thriving, dynamic, quaint downtown. A 3-month brand new Hilton Garden Inn is at back entrance with a 940-spot garage next to hotel. Located in Federal Enterprise Zone, investor buyer can diminish capital gains over 10 yrs. (Request info from agent). NO CAM fees, NO extra expenses!

    KEY DETAILS
    • Price:
    • $3,750,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • 5,400
    • Acreage:
    • 0.10
    • Year Built:
    • 1928
    • MLS #:
    • 6121561
    • Street Address:
    • 81 W Boston St
    • City:
    • Chandler
    • State:
    • AZ
    • Postal Code:
    • 85225
    • County:
    • Maricopa
    • Subdivision:
    • Chandler
    • Listing Status:
    • For Sale - Active

    Building

    • Amenities:
    • Basement, Conference Room, Display Window(s), Kitchen, Raised Floor, Skylight(s)
    • Ceiling Height:
    • 16.1 Feet To 28 Feet
    • Construction Description:
    • Brick
    • Dwelling Type:
    • Commercial
    • Exterior Features:
    • Building Sign, Dual Street Ftg, Roof Sign
    • Flooring:
    • Ceramic Tile
    • Interior Features:
    • Alarm System, Finished, Fire Sprinklers, Phone System, Security Camera(s), Security System, Smoke Detector(s)
    • Stories:
    • 3 - 4 Stories
    • Total Building Square Footage:
    • 5400
    • Type Of Roof:
    • Foam
    • Year Built:
    • 1928

    Business

    • Annual Electric Expenses:
    • 12000.00
    • Annual Gas Expenses:
    • 2400.00
    • Annual Insurance Expenses:
    • 3000.00
    • Annual Maintenance Expenses:
    • 1000.00
    • Annual Trash Expenses:
    • 1200.00
    • Annual Water/Sewer Expenses:
    • 2400.00
    • Operating Expense:
    • 36134.00

    Land

    • Conforms To Zoning:
    • Ccd
    • Existing Land Use:
    • Restaurant
    • Lot Square Footage:
    • 4200.00
    • Use Restrictions:
    • Other (see Remarks)

    Money

    • Property Taxes:
    • $14,134

    Structures

    • Parking Description:
    • Free, Parking Structure, Paved Parking, Public Parking

    Systems

    • Cooling System:
    • Central A/C
    • Electricity:
    • Aps, Over 220 Amp, Solar
    • Existing Water:
    • City Franchise
    • Gas:
    • Sw Gas
    • Heating:
    • Gas
    • Sewage Type:
    • Sewer - Public

    Source

    • Listings Provided by Launch Real Estate

      ARMLS
    REQUEST SHOWING
    SCHOOL RATINGS

    No school information available.

    NOTES

    No notes have been added for this home.

    CONTACT AN AGENT

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