6429 E MAIN Street 9, Mesa, AZ 85205

$1,150,000
Property Type: Comm/Industry Sale Square Footage: 3,261 Lot Size (sq. ft.): 9,526 Status: Active
Current Price: $1,150,000 List Date: 3/31/2026 Last Modified: 9/21/2026

Overview

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.

Listing Details MLS# 6940482

Location, Tax & Legal

House Number
6429
Compass
E
Street Name
MAIN
St Suffix
Street
City/Town Code
Mesa
State/Province
AZ
Zip Code
85205
Zip4
9042
Country
US
County Code
Maricopa
Subdivision
DESERT WELLS AMD
Assessor Number
141-58-068
Tax Year
2024
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

Contract Info

Ownership
Fee Simple

General Property Description

Type of Property
Bar / Tavern
Ttl Apx SqFt Bldg
3261
Ttl Apx Net Rnt Spc
3261
# of Buildings
Yes
Lot Size Dimensions
IRR
Year Built
1945
Zoning
C1,C2
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
Power and Main
Directions
W on Main, Property on the Left.

Legal Info

Township
1N
Range
6E
Section
24
Lot Number
9

Income Expenses

Gross Annual Sch Inc
62000
Net Operating Income
56565

More Information

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes
Phone Call
Yes

Currently Not Used

Sold Price Per SqFt
352.65

Construction

Block
Yes

Roofing

Built-Up
Yes

Floors

Concrete
Yes

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
Yes

Business Type

Bar/Tavern/Lounge
Yes

Pmt & Rate Info

Cap Rate
4.92
Down Payment
0
Equity
1150000
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

Lockbox Type

None
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes

Interior Features

Finished
Yes

Loading Facilities

None
Yes

Exterior

Building Sign
Yes

Source of Fincl Data

Owner
Yes

Traffic Count

35,001 to 50,000
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Sewer

Septic-In & Connected
Yes

Parking Features

Free
Yes

Electric

SRP
Yes

Gas

None
Yes

New Financing

Other (See Remarks)
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Non Assumable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Non Assumable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes
Boundary Survey Avlb
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

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
IDX
Listing Office: Saguaro Desert Realty
Last Updated: September - 21 - 2026
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