Address
81 W Boston Street Chandler, AZ
Price
$ 3,750,000
Property Attributes
  • MLS#6121561
  • TypeCommercial
  • CountyMARICOPA
  • CityChandler
  • NeighborhoodChandler
  • Zip85225
  • StyleRestaurant
  • Year Built1928
  • Taxes14134
  • Price$ 3,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5400
  • Lot Size4,200 SqFt
Listing Provided Courtesy Of:
Launch Real Estate
Property 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!

Price History
8/24/2020 Listed $3,681,000

General Features

Building Type Commercial
Ceiling Height 16.1 Feet to 28 Feet
Construction Brick
Cooling Central A/C
Electric APS, Over 220 Amp, Solar
Exterior Features Building Sign, Dual Street Ftg, Roof Sign
Heating Gas
Interior Features Alarm System, Finished, Fire Sprinklers, Phone System, Security Camera(s), Security System, Smoke Detector(s)
Map Code/Grid T38
Ownership Fee Simple
Parking Free, Parking Structure, Paved Parking, Public Parking
Present Use Restaurant
Property Type D
Public Remarks 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
Roof Foam
Sewer Sewer - Public
Status Active
Stories 3 - 4 Stories
Subdivision CHANDLER
Use Restrictions Other (See Remarks)
Water City Franchise
Year Built 1928
Zoning CCD

Interior Features

Floors Ceramic Tile
Gas SW Gas

Exterior Features

Covered Parking Spcs 0.00
Fencing None
Total Parking Spcs 0.00
Uncvrd Parking Spcs 0.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85225

Price
AVG $2.37M
$3.75M
Taxes
AVG $9,565
$14,134
Visits
AVG 94
131
Year Built
AVG 1958
1928
Walkscore
AVG 52
73
Data Provided by Walkscore ® not using MLS data

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