$2,500
Phoenix, AZ 85007
MLS# 5679652
Status: Closed
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![IMG_4001[1]](https://cdn.photos.sparkplatform.com/az/20171026233507883384000000-t.jpg "Photo for 1101 W GRANT Street, Phoenix, AZ 85007 - Listing #5679652")
Property Description
Previously operated as a liquor store for 20+ years but most recently a bar/restaurant. Full bar, kitchen, 2 restrooms, 2 dining rooms, large outdoor seating/entertainment area. Great downtown location, high traffic count and surrounded by residential apartments, homes with the need for a neighborhood store. There is also a 1200 square foot 3 bedroom 2 bathroom single family home behind the store also for rent for an additional $850 per month. Lease both and live in the house while you operate and keep an eye on your business. Great dual purpose opportunity. This is a unique property with several possibilities, must see to appreciate.
Details
Maps
Contract Info
Lease Type: NNN
Current Price: $2,500
Lease Price/HiSeason: 2000
Status: Closed
List Date: 2017-10-26
Location, Tax & Legal
Assessor's Map #: 11
Legal Description (Abbrev): IRVINE LOT 1 BLK 14 EX N 3'
Assessor's Parcel #: 87
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 114302
Taxes: 4200
Legal: LOT 1 BLOCK 14 IRVINE ADD 17-18, 23-26 MCR 000129
Marketing Name: Corner Bar Near Downtown
Map Code/Grid: Q34
House Number: 1101
Compass: W
Street Name: GRANT
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 3410
County Code: Maricopa
Subdivision: IRVINE ADD 17-18, 23-26
Assessor Number: 112-11-087
Tax Year: 2017
General Property Description
Type of Property: Restaurant
Ttl Apx SqFt Bldg: 3034
Ttl Apx Net Rnt Spc: 3034
# of Buildings: 1
Uncvrd Parking Spcs: 2
Lot Size Dimensions: 147x49
Volts/Amps: 110
Year Built: 1936
Zoning: C-G/Commercial
Legal Info
Range: 3E
Section: 7
Township: 1N
Lot Number: 1
Construction
Block: 1
Roofing
Metal: 1
Floors
Concrete: 1
Building Type
Commercial: 1
Business Type
Packge Store(Liquor): 1
Retail: 1
Other: 1
See Remarks: 1
Stories
1 Story: 1
Lease Info
Suite Size Avail Max: 3034
Space Divisible: Yes
Annual Lease Price: 23364
Annual Lse Prc P/SF: 15.3
Base Rent Escalation: Yes
Lease Year (Min-Max): 3%
Annual CAM/SqFt: 0.26
Annual Exp Stop/SqFt: 0.04
Type of Lease
NNN: 1
Ceiling Height
14.1 Feet to 16 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Landlord Pays
None: 1
Interior Features
Finished: 1
Smoke Detector(s): 1
Loading Facilities
None: 1
Tenant Pays
Water: 1
Electricity: 1
Sewer: 1
Exterior Repair: 1
Trash Collection: 1
Contents Insurance: 1
Glass Insurance: 1
Liability Insurance: 1
Janitorial Service: 1
Common Area Maintenance: 1
Capital Improvements: 1
Parking Area Maint: 1
Taxes: 1
Move in Costs
1st Months Rent: 1
Last Months Rent: 1
Deposit(s): 1
Road Surface Type
Asphalt: 1
Concrete: 1
Exterior
Corner Lot: 1
Curb(s) & Gutter(s): 1
Building Sign: 1
Sidewalk(s): 1
Fencing
Chain Link: 1
Water Source
City Franchise: 1
Freeway/Highway
Frontage: 1
Sewer
Sewer - Public: 1
Parking Features
Fenced: 1
Free: 1
Parking Lot: 1
Private: 1
Electric
APS: 1
Gas
None: 1
Lease Includes
Building & Land: 1
Lease Conditions
Other (See Remarks): 1
Reports/Disclosures
None: 1
Environmental
None: 1
Remarks Misc
Cross Street: W Grant and 11th Ave
Directions: W Grant and 11th Ave Directions: South West Corner
Geo Lat: 33.440694
Geo Lon: -112.087159
Status Change Info
Off Market Date: 2018-02-10
Under Contract Date: 2018-01-01
Close of Escrow Date: 2018-01-15
Sold Price: $2,500
Property Features
Building Type: Commercial
Business Type: Packge Store(Liquor); Retail; Other; See Remarks
Type of Lease: NNN
Stories: 1 Story
Construction: Block
Roofing: Metal
Floors: Concrete
Ceiling Height: 14.1 Feet to 16 Feet
Cooling: Central Air
Landlord Pays: None
Tenant Pays: Electricity; Exterior Repair; Water; Sewer; Trash Collection; Contents Insurance; Glass Insurance; Liability Insurance; Janitorial Service; Common Area Maintenance; Capital Improvements; Parking Area Maint; Taxes
Move in Costs: 1st Months Rent; Last Months Rent; Deposit(s)
Interior Features: Finished; Smoke Detector(s)
Exterior: Corner Lot; Curb(s) & Gutter(s); Building Sign; Sidewalk(s)
Loading Facilities: None
Fencing: Chain Link
Parking Features: Fenced; Free; Parking Lot; Private
Electric: APS
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
Road Surface Type: Asphalt; Concrete
Lease Includes: Building & Land
Lease Conditions: Other (See Remarks)
Environmental: None
Listing Office: RE/MAX Solutions
Last Updated: April - 07 - 2026
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