5037 W THOMAS Road, Phoenix, AZ 85031
$1,500,000
Property Type:
Comm/Industry Sale
Square Footage:
2,904
Lot Size (sq. ft.):
30,100
Status:
Active
Current Price:
$1,500,000
List Date:
11/15/2025
Last Modified:
12/05/2025
Description
Incredible opportunity to own a fully operational, Established restaurant with steady clientele and major upgrades completed from 2020-2025. This turn-key business features a new roof, updated plumbing and electrical, new flooring, sheetrock, full insulation, soundproofing, and a new ceiling. Interior improvements include a remodeled bar (2020 & 2022), updated seating, patio area, and two pool tables.
The kitchen is exceptionally equipped with a walk-in cooler and freezer, upgraded compressor (2023), double extractor hoods (one 2025), stoves, flat-top grill, prep tables, coolers, freezers, fryer, and a large 1,600-gallon grease trap. Additional features include a sound system (2023), 10 TVs, live-music license, security camera system, and an Arizona Series 12 (Restaurant) Liquor
More Information MLS# 6947905
Contract Info
Current Price: $1,500,000
List Price: $1,500,000
Status: Active
List Date: 2025-11-15
Ownership: Fee Simple
Location Tax Legal
House Number: 5037
Compass: W
Street Name: THOMAS
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85031
Zip4: 4008
County Code: Maricopa
Subdivision: To followed in escrow.
Assessor Number: 103-19-005-G
Tax Year: 2024
General Property Description
Ttl Apx SqFt Bldg: 2904
# of Buildings: 1
Year Built: 1979
Uncvrd Parking Spcs: 38
Zoning: CN Commercial
Remarks Misc
Cross Street: 51st th Ave and S. of Thomas Rd
Geo Lat: 33.48001
Geo Lon: -112.167718
Legal Info
Township: 2N
Range: 2E
Section: 33
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Building Type: Commercial
Business Type: Restaurant; Fast Food; Retail; Food Service
Construction: Block; Wood Frame
Roofing: Composition
Floors: Ceramic Tile
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Heat Pump
Cooling: Central Air; Heat Pump
Loading Facilities: Other (See Remarks)
Interior Features: Security System; Public Restrooms
Exterior: Roof Sign; Pole Sign
Fencing: Other; See Remarks
Building Features: Kitchen; Display Window(s)
Parking Features: Free; Paved
Electric: SRP; Individual Meter
Gas: SW Gas; Individual Meter
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Source of Fincl Data: Owner
Existing 1st Loan: Private
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
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
Traffic Count: 35,001 to 50,000
Environmental: None
Listing Office: American Freedom Realty
Last Updated: December - 05 - 2025
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