0000 E XXXXXXX Avenue, Scottsdale, AZ 85252

$400,000
Property Type: Business Opportunity Square Footage: 1,500 Status: Active
Current Price: $400,000 Last Modified: 6/11/2026

Overview

Description

If you are looking for a beautiful turn-key Mediterranean restaurant and bar with a great brand and very well know in the Valley and voted the best Mediterranean cuisine year after year by local food magazines then look no further. The restaurant has been established for many years and has a very solid customer base and is currently family-run. Situated in North Phoenix near Scottsdale this restaurant boasts a beautiful dining area and bar and an outdoor patio in the front. The lease is great as well at only $3750 per month. The restaurant is moving up fast and has tons of room for growth. The brand can be moved to a new second location and produce such as a Westgate Location.

Listing Details MLS# 6992209

Location

House Number
0000
Compass
E
Street Name
XXXXXXX
St Suffix
Avenue
City/Town Code
Scottsdale
State/Province
AZ
Zip Code
85252
Country
US
County Code
Maricopa
Assessor Number
000-00-000

General Property Description

Sold Price Per SqFt
266.67
Ttl Apx SqFt Bldg
1500
Uncvrd Parking Spcs
35

Income Expenses

Net Operating Income
195000

Showing Notification Methods

Showing Service
Aligned Showings

More Information

Contact Info

List Agent Home Phn
623-236-0836

Income & Expenses

Annual Gross Sales
320000
Owners Draw Included
No
Annual Owners Salary
0
Annual Mngr Salary
0
Anl Int (Non-RelEst)
0
Annual Depreciation
0
Annual Fringes
0
Adjusted Net Income
0
Apx Value of Cash
0
Ap Val Frn,Fxt & Eqp
75000

Business Type

Restaurant
Yes

Pmt & Rate Info

Equity
400000
Down Payment %
0
Total Owed
0

Lockbox Type

See Private Remarks
Yes

Type of Lease

Other - See Remarks
Yes

Form of Ownership

Other - See Remarks
Yes

Sale Price Includes

Goodwill
Yes
Equipment
Yes
Lease Value
Yes
Cvnt not to Compete
Yes

Lease Information

Other - See Remarks
Yes

Hours of Operation

Other - See Remarks
Yes

Business Age

10+ Years
Yes

Heating

See Remarks
Yes

Current Ownership

10+ Years
Yes

Cooling

See Remarks
Yes

Expenses Include

See Remarks
Yes

Business/Tenant Pays

See Remarks
Yes

Source of Fincl Data

Owner
Yes

Water Source

See Remarks
Yes

Sewer

See Remarks
Yes

Parking Features

See Remarks
Yes

Electric

Other (See Remarks)
Yes

Gas

Other (See Remarks)
Yes

New Financing

Cash
Yes
Seller Approve Terms
Yes
Owner May Carry
Yes

Current Financing 1

See Remarks
Yes

Current Financing 2

See Remarks
Yes

Current Financing 3

See Remarks
Yes

Reports/Disclosures

Other (See Remarks)
Yes

Environmental

Other (See Remarks)
Yes

Property Features

Business Type: Restaurant Form of Ownership: Other - See Remarks Sale Price Includes: Goodwill; Equipment; Lease Value; Cvnt not to Compete Lease Information: Other - See Remarks Hours of Operation: Other - See Remarks Type of Lease: Other - See Remarks Business Age: 10+ Years Current Ownership: 10+ Years Expenses Include: See Remarks Source of Fincl Data: Owner Parking Features: See Remarks Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: See Remarks Sewer: See Remarks Heating: See Remarks Cooling: See Remarks Lockbox Type: See Private Remarks Current Financing 1: See Remarks Current Financing 2: See Remarks Current Financing 3: See Remarks New Financing: Cash; Seller Approve Terms; Owner May Carry Environmental: Other (See Remarks)
IDX
Listing Office: American Realty Brokers
Last Updated: June - 11 - 2026
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