699 E ASH Street, Globe, AZ 85501 (MLS# 6646618)

699 E ASH Street, Globe, AZ 85501

$430,000

Property Type: Comm/Industry Sale Square Footage: 3,270 Lot Size (sq. ft.): 15,133 Status: Closed

Current Price: $430,000 List Date: 1/05/2024 Last Modified: 7/29/2026

Overview

Description

Explore a premium C2 commercial space spanning approximately 3300 square feet, purposefully crafted for a restaurant and awaiting your distinctive touch. Positioned strategically along the lively US60 highway, this property beckons to aspiring restaurant owners with a promising opportunity. Impeccably cleaned and meticulously set up, it stands ready for your immediate utilization. Seize the advantages of Opportunity Zone incentives (seek details from your tax accountant). With a daily traffic exposure surpassing 20,000, the property enjoys a convenient location near Globe High School and an upcoming 55+ apartment complex. Adding to its allure, this property boasts its own billboard positioned along the main road, measuring approximately 8x10 feet.

Listing Details MLS# 6646618

Location, Tax & Legal

House Number: 699
Compass: E
Street Name: ASH
St Suffix: Street
City/Town Code: Globe
State/Province: AZ
Zip Code: 85501
Zip4: 1811
Country: US
County Code: Gila
Subdivision: EAST GLOBE ADDITION
Assessor Number: 208-05-105
Tax Year: 2023
Assessor's Map #: 5
Legal Description (Abbrev): LOT 1 BLOCK 2 EAST GLOBE ADDITION
Assessor's Parcel #: 105
Add'l Parcels: No
Tax Municipality: Globe
Census Tract: 1200
Taxes: 2473
Legal: LOT 1 BLOCK 2 EAST GLOBE ADDITION

Contract Info

Ownership: Fee Simple

General Property Description

Type of Property: Restaurant
Ttl Apx SqFt Bldg: 3270
# of Buildings: Yes
Year Built: 1977
Uncvrd Parking Spcs: 20
Zoning: C2
Flood Zone: No

Remarks Misc

Cross Street: US60 and Parker Street
Directions: US 60 to property

Status Change Info

Off Market Date: 2024-05-24
Under Contract Date: 2024-05-17
Close of Escrow Date: 2024-08-16

Legal Info

Township: 01N
Range: 15E
Section: 25
Lot Number: Yes

More Information

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes

Sold Info

Loan Type: Cash
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Construction

Stucco: Yes

Roofing

Composition: Yes
Built-Up: Yes

Floors

Vinyl: Yes
Ceramic Tile: Yes
Carpet: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2473
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Building Type

Commercial: Yes
Other (See Remarks): Yes

Business Type

Mixed: Yes
Restaurant: Yes

Stories

1 Story: Yes

Pmt & Rate Info

Equity: 450000
Total Owed: 0

Lockbox Type

Supra: Yes

Ceiling Height

8.1 Feet to 10 Feet: Yes

Heating

Heat Pump: Yes

Cooling

Central Air: Yes

Interior Features

Finished: Yes

Loading Facilities

None: Yes

Source of Fincl Data

Unknown: Yes

Fencing

None: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Free: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

New Financing

Cash to Loan: Yes
Owner May Carry: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Building Type: Commercial; Other (See Remarks) Business Type: Mixed; Restaurant Stories: 1 Story Construction: Stucco Roofing: Composition; Built-Up Floors: Vinyl; Ceramic Tile; Carpet Ceiling Height: 8.1 Feet to 10 Feet Heating: Heat Pump Cooling: Central Air Loading Facilities: None Interior Features: Finished Fencing: None Parking Features: Free Electric: APS Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash to Loan; Owner May Carry Showing Notification Methods: Text Lockbox Type: Supra Source of Fincl Data: Unknown Environmental: None

Listing Office: Keller Williams Realty Phoenix

Last Updated: July - 29 - 2026