Kathleen Hennen - Commercial Real Estate Showcase

Kathleen Hennen Property Listings
Kathleen Hennen
No Address Provided
Scottsdale, AZ 85251
(602) 909-9926

3701 N Marshall Way - Bespoke Inn, Cafe & Bicycles

Scottsdale, AZ 85251-5516 - Scottsdale South Submarket

Property Type:Hospitality Number of Rooms:5 Status:Existing Year Built:2013
Stories:2 Building Size:6,602 SF Land Area:.29 AC (12,628 SF)
For Sale Price:$3,950,000 Price/Room:$790,000 Cap Rate:10.00 %


Sale Notes:
RESTAURANT TENANT SINCE 2013 Virtu Honest Craft James Beard Nominated Chef-Driven Restaurant. Open 3 years and the hottest restaurant in downtown Scottsdale. Very Successful 30 Seats inside + 44 in Courtyard. New Patio November 2016 will add 28 seats.
TWO PRIVATE RESIDENCES Each building offers a private residence and they share a convivial courtyard.
1) Fully furnished, this four bedroom (all en-suites) residence includes a chef' s gourmet kitchen and designer touches throughout. The exterior includes more than 2,900 square feet of space which is home to a 43' infinity, stainless steel lap pool, a chef' s garden and a gas fireplace with antique Belgian brick and French fireback. Property includes a single car garage and three covered parking spaces. It currently operates as a profitable 4-room boutique hotel.
2) Used as owner's residence, completely renovated in 2014 and features a 1,200sf loft apartment with wood and steel trusses, a steel staircase to a sleeping loft, French tile floors & more.
THREE RETAIL/OFFICE SPACES Approximately 525sf each, these spaces could be retail boutiques shops or private office space.

Kathleen Hennen
Kathleen Hennen
(602) 909-9926

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