5222 S Central Avenue, Phoenix, AZ 85040

New Listing
$2,400,000
Property Type: Comm/Industry Sale Square Footage: 3,678 Lot Size (sq. ft.): 18,495 Status: Active
Current Price: $2,400,000 List Date: 9/21/2026 Last Modified: 9/21/2026

Overview

Description

Prime Commerical Opportunity: Historic Restaurant Property in the heart of 85040 with decades of local Goodwill. An exceptional opportunity awaits an ambitious restauranteur or investor at this establishment culinary landmark. Versatile floor plan, flexible space easly adapts to various commerical uses. Average of 18,000-20,000 vehicles driving through per day.

Listing Details MLS# 7082147

Location, Tax & Legal

House Number
5222
Compass
S
Street Name
Central
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85040
Country
US
County Code
Maricopa
Subdivision
TOWNSEND PARK ANNEX
Assessor Number
113-41-139-B
Tax Year
2025
Assessor's Map #
41
Assessor's Parcel #
139
Assessor Parcel Ltr
B
Add'l Parcels
No
Tax Municipality
Phoenix
Taxes
6158.14
Legal
TOWNSEND PARK ANNEX MCR 43-43 LOTS 11, 12 & 13 BLK 6 EX ROW LY ELY OF LN PAR WI & 46F WLY OF MON OF CENTRAL AVE D/P 1203

Contract Info

Ownership
Fee Simple

General Property Description

Type of Property
Commercial, C2
Ttl Apx SqFt Bldg
3678
# of Buildings
Yes
Stories
Yes
# of Interior Levels
Yes
Year Built
1952
Uncvrd Parking Spcs
40
Zoning
C2, C-C
Flood Zone
TBD

Remarks Misc

Cross Street
Roeser Rd and Central Ave
Directions
Near the corner of Roeser Rd and S Central Ave, on your right: Las Glorias Mexican Seafood

Legal Info

Township
1N
Range
3E
Section
29
Lot Number
-

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Phone Call
Yes

More Information

Currently Not Used

Sold Price Per SqFt
652.53

Construction

Block
Yes
Stucco
Yes
Wood Frame
Yes

Roofing

Foam
Yes

Floors

Tile
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
6158.14
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Commercial
Yes
Other (See Remarks)
Yes

Business Type

Restaurant
Yes
Food Service
Yes
Bar/Tavern/Lounge
Yes

Pmt & Rate Info

Equity
2400000
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

Natural Gas
Yes

Cooling

Central Air
Yes
Ceiling Fan(s)
Yes

Interior Features

Security Light(s)
Yes
Alarm System
Yes
Phone Available
Yes
Phone System
Yes
Private Restrooms
Yes

Loading Facilities

None
Yes

Appliances Included

Refrigerator
Yes

Road Access Type

City Street
Yes

Exterior

Dual Street Ftg
Yes
Pole Sign
Yes
Sidewalk(s)
Yes
Security Light(s)
Yes

Source of Fincl Data

Owner
Yes

Road Responsibility

City Maintained Road
Yes

Traffic Count

15,001 to 25,000
Yes

Fencing

Block
Yes
Chain Link
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Railroad

Other (See Remarks)
Yes

Parking Features

Parking Lot
Yes
Private
Yes
Paved
Yes

Electric

SRP
Yes
City Electric
Yes

Gas

SW Gas
Yes
City Gas
Yes

New Financing

Cash Only
Yes
Cash to Loan
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Building Type: Commercial; Other (See Remarks) Business Type: Restaurant; Food Service; Bar/Tavern/Lounge Construction: Block; Stucco; Wood Frame Roofing: Foam Floors: Tile Ceiling Height: 8.1 Feet to 10 Feet Heating: Natural Gas Cooling: Central Air; Ceiling Fan(s) Loading Facilities: None Interior Features: Security Light(s); Alarm System; Phone Available; Phone System; Private Restrooms Exterior: Dual Street Ftg; Pole Sign; Sidewalk(s); Security Light(s) Fencing: Block; Chain Link Appliances Included: Refrigerator Parking Features: Parking Lot; Private; Paved Road Access Type: City Street Road Responsibility: City Maintained Road Electric: SRP; City Electric Gas: SW Gas; City Gas Water Source: City Franchise Sewer: Sewer - Public Railroad: Other (See Remarks) New Financing: Cash Only; Cash to Loan Showing Notification Methods: Text; Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Traffic Count: 15,001 to 25,000 Environmental: None
IDX
Listing Office: My Home Group Real Estate
Last Updated: September - 21 - 2026
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