Address
5250 S Lakeshore Drive, Tempe, AZ
Price
$ 4,750,000
Property Attributes
  • MLS#6539553
  • TypeCommercial
  • CountyMARICOPA
  • CityTempe
  • NeighborhoodLakes
  • Zip85283
  • StyleBar,Food Service,,Restaurant,,Service Business
  • Year Built1973
  • Taxes$ 24040
  • Price$ 4,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9987
  • Lot Size2.268 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

One of a kind waterfront property in a great Tempe location. 10,000 square foot restaurant & bar situated on a 2.27 acre waterfront lot in The Lakes. 500+/- feet of shoreline. Private boat dock with pontoon boat, expansive outdoor seating and gorgeous out of this State views. Ample parking with 96 spaces, surrounded by professional office space and large residential community. Close proximity to both US 60 and AZ Loop 101. Full kitchen, private office, separate dining rooms and private party room, large bar, multiple patios on the water. Many possible uses with PCC-1 zoning, Currently it is a restaurant and bar. Other possible uses besides premium restaurant and event hall space include religious facility, commercial kitchen, private club & development possibilities

Price History
4/4/2023 Listed $4,750,000

General Features

Amenities Conference Room, Kitchen, Reception Room
Building Type Commercial, Office, Other (See Remarks)
Ceiling Height 10.1 Feet to 12 Feet, 8.1 Feet to 10 Feet
City Tempe
Construction Block
Cooling Central A/C
County Maricopa
Directions South of Baseline Road on right side of S. Lakeshore Drive.
Electric 3 Phase Power, SRP
Exterior Features Building Sign, Landscaping, Monument Sign, Sprinkler Sys-Ground
Gas Y/N None, SW Gas
Geo Lat 33.375898
Geo Lon -111.919623
Heating Heat Pump
Interior Features Alarm System, Finished, Fire Sprinklers, Phone System, Private Restrooms, Public Restrooms, Safe/Vault
Map Code/Grid S37
Parking Paved Parking, Public Parking
Percent Ownership Fee Simple
Present Use Bar, Food Service, Other, Restaurant, See Remarks, Service Business
Property Type D
Public Remarks One of a kind waterfront property in a great Tempe location. 10, 000 square foot restaurant & bar situated on a 2.27 acre waterfront lot in The Lakes. 500+/- feet of shoreline. Private boat dock with
Roof Foam, Tile
Sewer Sewer - Public
Status Active
Stories 1 Story
Street Name LAKESHORE
Subdivision LAKES
Taxes 24040.00
Use Restrictions Existing Easement(s)
Water City Franchise, Individual Meter
Year Built 1973
Zoning PCC 1

Interior Features

Floors Vinyl
Street Suffix Drive

Exterior Features

Covered Parking Spcs 0.00
Fencing Other, See Remarks
Total Parking Spcs 96.00
Uncvrd Parking Spcs 96.00

Amenities

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

Property vs Commercial Average in 85283

Price
AVG $3.35M
$4.75M
Taxes
AVG $23,111
$24,040
Visits
AVG 62
103
Year Built
AVG 1977
1973

Areas We Cover