6429 E MAIN Street 9, Mesa, AZ 85205
$1,200,000
Property Type:
Comm/Industry Sale
Square Footage:
3,261
Lot Size (sq. ft.):
9,526
Status:
Active
Current Price:
$1,200,000
List Date:
10/30/2025
Last Modified:
10/30/2025
Description
THIS BUILDING HAS BEEN REMODELED, NEW FLOORING, NEW PAINT, NEW BAR, NEW BATHROOMS, NEW SEPTIC, NEW AC UNITS.
INCLUDES PARCEL 141-58-070 AS WELL.
LEASE IN PLACE 7 YEARS LEFT.
BUSINESS AND LIQUOR LICENSE NOT INCLUDED.
More Information MLS# 6940482
Contract Info
Ownership: Fee Simple
Current Price: $1,200,000
List Price: $1,200,000
Status: Active
List Date: 2025-10-30
Location, Tax & Legal
Unit #: 9
Assessor's Map #: 58
Legal Description (Abbrev): DESERT WELLS AMD
Assessor's Parcel #: 68
Add'l Parcels: Yes
Tax Municipality: Mesa
Census Tract: 422625
Taxes: 3199
Legal: DESERT WELLS AMD
House Number: 6429
Compass: E
Street Name: MAIN
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85205
Zip4: 9042
County Code: Maricopa
Subdivision: DESERT WELLS AMD
Assessor Number: 141-58-068
Tax Year: 2024
General Property Description
Type of Property: Bar / Tavern
Ttl Apx SqFt Bldg: 3261
Ttl Apx Net Rnt Spc: 3261
# of Buildings: 1
Uncvrd Parking Spcs: 0
Lot Size Dimensions: IRR
Year Built: 1945
Zoning: C1,C2
Currently Not Used
Sold Price Per SqFt: 367.99
Legal Info
Range: 6E
Section: 24
Township: 1N
Lot Number: 9
Construction
Block: 1
Roofing
Built-Up: 1
Floors
Concrete: 1
Income & Expenses
Annual Gas Exp: 0
Annual Ins Exp: 1700
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 2000
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 6899
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 62000
Building Type
Commercial: 1
Business Type
Bar/Tavern/Lounge: 1
Pmt & Rate Info
Cap Rate: 4.71
Down Payment: 0
Equity: 1200000
1st Encumbrance: 0
1st Interest Rate: 0
1st Payment: 0
1st Payment Freq: None
2nd Encumbrance: 0
2nd Payment: 0
3rd Encumbrance: 0
3rd Payment: 0
3rd Payment Freq: None
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Loading Facilities
None: 1
Exterior
Building Sign: 1
Source of Fincl Data
Owner: 1
Traffic Count
35,001 to 50,000: 1
Fencing
None: 1
Water Source
City Franchise: 1
Sewer
Septic-In & Connected: 1
Parking Features
Free: 1
Electric
SRP: 1
Gas
None: 1
New Financing
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Non Assumable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Boundary Survey Avlb: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Remarks Misc
Cross Street: Power and Main
Directions: W on Main, Property on the Left.
Geo Lat: 33.415227
Geo Lon: -111.692252
Income Expenses
Gross Annual Sch Inc: 62000
Net Operating Income: 56565
Property Features
Building Type: Commercial
Business Type: Bar/Tavern/Lounge
Construction: Block
Roofing: Built-Up
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished
Exterior: Building Sign
Fencing: None
Parking Features: Free
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Septic-In & Connected
New Financing: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Non Assumable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Traffic Count: 35,001 to 50,000
Environmental: None
Listing Office:
Saguaro Desert Realty
Last Updated: October - 30 - 2025
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