530 W BROADWAY Road, Tempe, AZ 85282

New Listing
$2,450,000
Property Type: Comm/Industry Sale Square Footage: 8,119 Lot Size (sq. ft.): 39,226 Status: Active
Current Price: $2,450,000 List Date: 10/24/2026 Last Modified: 10/24/2026

Overview

Description

Freestanding restaurant or redevelopment opportunity along Tempe's Broadway corridor at a highly visible signalized corner. Situated on approximately 0.90 acres, the 8,119 SF building spans two stories and features indoor dining, bar areas, a commercial kitchen and an outdoor patio. With 62+ onsite parking spaces and strong Broadway Road frontage, the property offers excellent exposure and accessibility. Zoned C-G, with potential for continued restaurant use or redevelopment, subject to city approval.

Listing Details MLS# 7098244

Location, Tax & Legal

House Number
530
Compass
W
Street Name
BROADWAY
St Suffix
Road
City/Town Code
Tempe
State/Province
AZ
Zip Code
85282
Zip4
1311
Country
US
County Code
Maricopa
Subdivision
UNIVERSITY HOMES 3
Assessor Number
124-64-112-P
Tax Year
2025

Contract Info

Ownership
Fee Simple

General Property Description

Type of Property
Restaurant
Ttl Apx SqFt Bldg
8119
# of Buildings
Yes
Stories
2
# of Interior Levels
2
Year Built
1974
Uncvrd Parking Spcs
62
Zoning
C-G
Flood Zone
No

Remarks Misc

Cross Street
Hardy Dr and Broadway
Directions
From Loop 202, exit at Priest Drive and head south. Turn left (east) onto Broadway Road. At Hardy Drive, turn left at the light, then make an immediate right into the property parking lot.

Legal Info

Township
1N
Range
4E
Section
21
Lot Number
A

Income Expenses

Gross Annual Sch Inc
120000
Net Operating Income
120000

More Information

Showing Notification Methods

Showing Service
Aligned Showings

Property Features

Building Type: Commercial Business Type: Mixed; Restaurant; Bar/Tavern/Lounge; Other Construction: Block; Stone; Stucco Roofing: Other Floors: Tile; Concrete Ceiling Height: 8.1 Feet to 10 Feet; 14.1 Feet to 16 Feet Heating: Forced Air; Heat Pump Cooling: Central Air; Heat Pump Loading Facilities: None Interior Features: Finished; Fire Sprinklers; Smoke Detector(s); Security Camera(s); Phone Available; Private Restrooms Exterior: Corner Lot; Sidewalk(s); Monument Sign Fencing: Block Building Features: Patio/Deck; Accessible Entrance; Kitchen Parking Features: Parking Lot; Paved Road Access Type: City Street Road Responsibility: City Maintained Road Electric: SRP Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash to Loan Showing Notification Methods: Text; Phone Call Lockbox Type: Other Special: Owner/Agent; Accepting Back-Ups Source of Fincl Data: Owner Existing 1st Loan: SBA Existing 1st Loan Type: Fixed Road Surface Type: Asphalt Traffic Count: 35,001 to 50,000 Environmental: Phase I Available
IDX
Listing Office: The Brokery
Office Email: tim@thebrokery.com
Last Updated: October - 24 - 2026
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