7000 E MAIN Street, Mesa, AZ 85207
$960,000
Property Type:
Comm/Industry Sale
Square Footage:
6,599
Lot Size (sq. ft.):
50,218
Status:
Closed
Current Price:
$960,000
List Date:
8/28/2017
Last Modified:
5/23/2025
Description
The options for this property are endless. Over an acre of land just East of Power Rd on Main St. Once was the successful Red Mountain Steakhouse and was just currently Lily's on Main. Recently remodeled, new bathrooms and new exterior paint. Valuable street signage with grandfathered in rights. Large parking lot with over 70 spaces. Great split layout, can be easily modified to fit your needs. Covered patio. Multiple walk in refrigerators. Almost 7,000 sq.ft. This opportunity will not last long. This versatile property is a rare gem at this price. Set up for a Restaurant/Bar with so much potential but could be anything.
More Information MLS# 5652673
Contract Info
Ownership: Fee Simple
Current Price: $960,000
Sold Price: $960,000
Status: Closed
List Date: 2017-08-28
Location, Tax & Legal
Assessor's Map #: 13
Legal Description (Abbrev): COM W4 COR OF SD SEC TH N ALG WLY LN OF SD SEC 30 8.47F TO A PT ON NLY R/W OF APACHE TRAIL TH S 86D
Assessor's Parcel #: 1
Assessor Parcel Ltr: K
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 420113
Taxes: 10191
Tax District: 41
Legal: COM W4 COR OF SD SEC TH N ALG WLY LN OF SD SEC 30 8.47F TO A PT ON NLY R/W OF APACHE TRAIL TH S 86D
Map Code/Grid: R42
House Number: 7000
Compass: E
Street Name: MAIN
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85207
Zip4: 8212
County Code: Maricopa
Assessor Number: 218-13-001-K
Tax Year: 2016
General Property Description
Ttl Apx SqFt Bldg: 6599
Ttl Apx Net Rnt Spc: 7375
# of Buildings: 1
Uncvrd Parking Spcs: 66
Lot Size Dimensions: 171X283X1
Year Built: 1977
Zoning: C-2
Legal Info
Range: 7E
Section: 19
Cnty Rcrd Bk & Pg #: 00
Township: 1N
Lot Number: MB
Construction
Block: 1
Roofing
Built-Up: 1
Floors
Concrete: 1
Sealed: 1
Wood: 1
Ceramic Tile: 1
Carpet: 1
Bay Info
Bay Door Height: 0
Bay Door Width: 0
Max Span Lineal Ft: 0
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
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: 10191
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Business Type
Restaurant: 1
Food Service: 1
Bar/Tavern/Lounge: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 200000
Equity: 999900
1st Encumbrance: 0
1st Interest Rate: 0
1st Payment: 0
1st Payment Freq: None
2nd Encumbrance: 0
2nd Payment: 0
2nd Payment Freq: None
3rd Encumbrance: 0
3rd Payment: 0
3rd Payment Freq: None
Total Owed: 0
Avg Rent P/SqFt: 0
Assessment Balance: 0
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Natural Gas: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Alarm System: 1
Private Restrooms: 1
Loading Facilities
Grade Level: 1
Road Surface Type
Asphalt: 1
Exterior
Corner Lot: 1
Dual Street Ftg: 1
Sprinkler System-Ground: 1
Landscaping: 1
Pole Sign: 1
Monument Sign: 1
Security Light(s): 1
Source of Fincl Data
Unknown: 1
Fencing
None: 1
Water Source
City Franchise: 1
Building Features
Kitchen: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Parking Lot: 1
Paved: 1
Electric
SRP: 1
Gas
City Gas: 1
New Financing
Cash Only: 1
Cash to Loan: 1
Owner May Carry: 1
Existing 1st Loan
Other (See Rmks): 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Cell Phn2: 480-797-6650
Sold Info
Loan Type: Conventional
Loan Years: 3
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: POWER ROAD AND E MAIN ST
Directions: POWER ROAD E ON MAIN, ON THE NORTH SIDE OF THE ROAD LEFT TURN LANE AT INTERSECTION
Geo Lat: 33.416188
Geo Lon: -111.679901
Status Change Info
Off Market Date: 2017-12-27
Under Contract Date: 2017-12-06
Close of Escrow Date: 2019-12-31
Sold Price: $960,000
Property Features
Building Type: Commercial
Business Type: Restaurant; Food Service; Bar/Tavern/Lounge
Stories: 1 Story
Construction: Block
Roofing: Built-Up
Floors: Concrete; Sealed; Wood; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Natural Gas
Cooling: Central Air
Loading Facilities: Grade Level
Interior Features: Finished; Alarm System; Private Restrooms
Exterior: Corner Lot; Dual Street Ftg; Sprinkler System-Ground; Landscaping; Pole Sign; Monument Sign; Security Light(s)
Fencing: None
Building Features: Kitchen
Parking Features: Free; Parking Lot; Paved
Electric: SRP
Gas: City Gas
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; Cash to Loan; Owner May Carry
Source of Fincl Data: Unknown
Existing 1st Loan: Other (See Rmks)
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Road Surface Type: Asphalt
Environmental: None
Listing Office:
Berkshire Hathaway HomeServices Arizona Properties
Last Updated: May - 23 - 2025
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.