501 N Arizona Ave - Restaurant FOR SALE


Chandler, AZ 85225- North Chandler
$1,450,000 USD
480-313-3234
501 N Arizona Ave, Chandler, AZ for Sale
$1,450,000 USD
Restaurant - FOR SALE
1/39
null | Request Cap Rate

501 N Arizona Ave
Chandler, AZ 85225
North Chandler


HIGHLIGHTS

  • Two-unit retail building with established restaurant and salon
  • Prime Arizona Avenue frontage in a high-traffic corridor
  • Restaurant business averaging $816K annual revenue and $124K net profit
  • Includes FF&E for seamless operational continuity
  • Strong market fundamentals with rent comps at $35–$45/SF NNN

OVERVIEW

Turnkey restaurant + real estate play just north of Downtown Chandler. 501 N Arizona Ave is a ±3,030 SF, 2-unit retail building with high cash-flow Cho Dang Tofu & BBQ in the main ±2,380 SF restaurant space and a separate ±650 SF finished salon/personal-services suite on the south endcap. Sale includes fee simple ownership of the building plus the Cho Dang business, trade name, full commercial kitchen, and FF&E, allowing a new owner to step straight into operations or plug in a new concept with minimal downtime. Hard-corner visibility on Arizona Ave with prominent signage, strong traffic, and abundant on-site parking. Existing liquor license for on-premises beer and wine service to transfer to qualified buyer, subject to state approval.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$479 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Business & Real Estate Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,300 SF

ZONING

C-3 Chandler

APN/PARCEL ID

302-64-020,302-64-023

ASK ABOUT THIS PROPERTY

Hudson RobisonThe Broker ReserveMore Info
480-313-3234

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Hudson RobisonThe Broker ReserveMore Info
480-313-3234

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.