2304 N CORTEZ Road2
Apache Junction,
AZ $7,000,000
3 Businesses situated on over 7.5 acres of land, with street frontage on one of the busiest Highways in Arizona. 2 restaurants & a storage lot. The Restaurants are on a private well & the home is on Arizona Water. Front Patio Dining as well as Back Patio Dining. Back patio has a bar. Panoramic Views from both Patios. These Restaurants are busy year round, by locals & tourists. The property has 3 different street frontages one of them being a Highway. This is your opportunity to own this spectacular property. PLEASE DO NOT DISTURB THE OCCUPANTS!
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Listing ID6243545
Price$7,000,000
StatusActive
Acres
7.540
CountyPinal
Year Built1992
Property TypeComm/Industry Sale
County
Pinal
Property Type
Comm/Industry Sale
Year Built
1992
Zoning
B1
Cooling
Warehouse Evap, Central A/C
Flooring
Concrete
General Property Description Ttl Apx SqFt Bldg
4661
Interior Finished
1
Attached Garage
no
Construction Materials
Block
Electric
SRP
General Property Description # of Buildings
2
General Property Description Uncvrd Parking Spcs
100
Lot Size Area
328355
Lot Size Square Feet
328355
Lot Size Units
Square Feet
Number Of Buildings
2
Open Parking Spaces
100
Parking Features
Free, Fenced
Parking Fenced
1
Parking Free
1
Parking Total
100
Roof
Built-Up
Sewer
Septic in & Cnctd
Structure Type
Commercial
Country
US
Directions
US 60 East to Idaho Rd, North on Idaho to North Apache Trail, North on Apache Trail (Highway 88) to Lost Dutchman, Property is on the eastside of the road.
Freeway/Highway Frontage
1
Postal City
Apache Junction
Township
01N
Water Source
Domestic Well
Business Type
Restaurant
Buyer Agency Compensation
3.00
Mls Status
Active
Public Survey Range
08E
Public Survey Section
15
Cap Rate
22.86
Electric Expense
12000
Gross Income
1920000
Gross Scheduled Income
1600000
Insurance Expense
15000
Net Operating Income
1600000
Operating Expense
42163
Tax Annual Amount
15163
Tax Book Number
100.00
Tax Lot
2
Tax Map Number
25.00
Tax Year
2020
Contact - Listing ID 6243545
RE/MAX Alliance Group
Address:
890 W Elliot Rd #102Gilbert, AZ 85233
United States
Phone: 480-892-5300
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Contact
Contact - Listing ID 6243545
RE/MAX Alliance Group
Address:
890 W Elliot Rd #102Gilbert, AZ 85233
United States
Phone: 480-892-5300
Map
2304 N CORTEZ Road 2
Apache Junction, AZ 85119
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