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Oracle Inn Steakhouse 305 E American Ave 12,535 SF Retail Building Oracle, AZ 85623 $975,000 ($77.78/SF)
Investment Highlights
- Approximately 12,535 SF built-out restaurant and bar
Executive Summary
The Oracle Inn Steakhouse & Bar is located at 305 E. American Avenue,
Oracle, AZ, is an approximately 12,535 SF built-out restaurant and bar.
Included with the business is a #6 liquor license and fully furnished
restaurant. The property is on 1.02 acres, with additional room for
growth. The seller also owns a residential lot contiguous to the property
that can be purchased. The second story of the bar may be converted to
living quarters with approval through the Town of Oracle.
Oracle, AZ, is an approximately 12,535 SF built-out restaurant and bar.
Included with the business is a #6 liquor license and fully furnished
restaurant. The property is on 1.02 acres, with additional room for
growth. The seller also owns a residential lot contiguous to the property
that can be purchased. The second story of the bar may be converted to
living quarters with approval through the Town of Oracle.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
12,535 SF
Building Class
C
Year Built
1974
Price
$975,000
Price Per SF
$77.78
Tenancy
Single
Building Height
2 Stories
Building FAR
0.27
Lot Size
1.08 AC
Zoning
CB-2, County
Parking
96 Spaces (3.7 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 308-06-001B | Improvements Assessment | $667,324 |
| Land Assessment | $33,541 | Total Assessment | $700,865 |
Property Taxes
Parcel Number
308-06-001B
Land Assessment
$33,541
Improvements Assessment
$667,324
Total Assessment
$700,865
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Oracle Inn Steakhouse | 305 E American Ave
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