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Business & Real Estate Sale 501 N Arizona Ave 3,030 SF 79% Leased Retail Building Chandler, AZ 85225 $1,450,000 ($478.55/SF)

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INVESTMENT HIGHLIGHTS

  • Two-unit retail building with established restaurant and salon
  • Restaurant business averaging $816K annual revenue and $124K net profit
  • Strong market fundamentals with rent comps at $35–$45/SF NNN
  • Prime Arizona Avenue frontage in a high-traffic corridor
  • Includes FF&E for seamless operational continuity

EXECUTIVE SUMMARY

Turnkey restaurant + real estate play just north of Downtown Chandler. 501 N Arizona Ave is a ±3,030 SF, 2-unit retail building with high cash-flow Cho Dang Tofu
& BBQ in the main ±2,380 SF restaurant space and a separate ±650 SF finished salon/personal-services suite on the south endcap. Sale includes fee simple ownership of the
building plus the Cho Dang business, trade name, full commercial kitchen, and FF&E, allowing a new owner to step straight into operations or plug in a new concept with minimal downtime. Hard-corner visibility on Arizona Ave with prominent signage, strong traffic, and abundant on-site parking. Existing liquor license for on-premises beer and wine service to transfer to qualified buyer, subject to state approval.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,030 SF
Building Class
C
Year Built/Renovated
1953/2024
Price
$1,450,000
Price Per SF
$478.55
Percent Leased
79%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.35 AC
Zoning
C-3 Chandler
Parking
30 Spaces (9.9 Spaces per 1,000 SF Leased)
Frontage
102’ on Arizona Ave

AMENITIES

  • Corner Lot
  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Storage Space
  • Monument Signage
  • Smoke Detector

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • Unit 1
  • 650 SF
  • Retail
  • -
  • Now

Position your business in one of Chandler’s most vibrant corridors with this boutique salon space designed for personal services professionals. Located on Arizona Avenue, this end-cap unit offers exceptional visibility and signage opportunities in a high-traffic retail setting. The space features a welcoming reception area, a main service zone with three stations, and a private back room with patio access and restroom, ideal for hair, beauty, wellness, or specialty services.

Space Size Space Use Position Available
Unit 1 650 SF Retail - Now

Unit 1

Size
650 SF
Space Use
Retail
Position
-
Available
Now

Unit 1

Size 650 SF
Space Use Retail
Position -
Available Now

Position your business in one of Chandler’s most vibrant corridors with this boutique salon space designed for personal services professionals. Located on Arizona Avenue, this end-cap unit offers exceptional visibility and signage opportunities in a high-traffic retail setting. The space features a welcoming reception area, a main service zone with three stations, and a private back room with patio access and restroom, ideal for hair, beauty, wellness, or specialty services.

Walk Score®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Black Rock Coffee
IGA

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 302-64-023
  • 302-64-020
Land Assessment
$14,444
Improvements Assessment
$0
Total Assessment
$57,682
  • Listing ID: 38834302

  • Date on Market: 12/19/2025

  • Last Updated:

  • Address: 501 N Arizona Ave, Chandler, AZ 85225

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