0000 W XXXXXXX Avenue, Tempe, AZ 85281
$200,000
Property Type:
Business Opportunity
Square Footage:
300
Status:
Closed
Current Price:
$200,000
Last Modified:
8/19/2025
Description
If you are looking for a smoke shop in a highly desirable area that is surrounded by corporate tenants and bars and restaurants with tons of traffic and an always packed street next to ASU with tons of room for growth and opportunity than look no further. This smoke shop is currently ran owner absentee. Smoke shops are some of the most sought after businesses since a lot of landlords are not approving new ones being built and with the location of this one the competition is slim to none. The smoke shop mostly sells glass and vape items with high margins due to it proximity to near by dispensaries. Also the seller was approved by the State for a bar and wine #10 license. The lease is only $2,400 per month.
More Information MLS# 6786202
Contract Info
Current Price: $200,000
Sold Price: $200,000
Status: Closed
List Date: 2024-11-20
Location
House Number: 0000
Compass: W
Street Name: XXXXXXX
St Suffix: Avenue
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
County Code: Maricopa
Assessor Number: 000-00-000
General Property Description
Ttl Apx SqFt Bldg: 300
Uncvrd Parking Spcs: 10
Remarks Misc
Geo Lat: 33.421854
Geo Lon: -111.933476
Status Change Info
Off Market Date: 2025-08-19
Under Contract Date: 2025-08-05
Close of Escrow Date: 2025-08-19
Sold Price: $200,000
Income Expenses
Net Operating Income: 60000
Showing Notification Methods
Showing Service: Aligned Showings
Contact Info
List Agent Home Phn: 623-236-0836
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Business Type: Retail
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: 3 - 5 Years
Current Ownership: 3 - 5 Years
Expenses Include: See Remarks
Source of Fincl Data: Owner
Parking Features: Other
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: See Remarks
Sewer: Other
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
Environmental: Other (See Remarks)
Listing Office: American Realty Brokers
Last Updated: August - 19 - 2025
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