Description
Nestled in Hip & historic downtown Chandler, this is RARE opportunity to own a newly remodeled piece of Chandler's history. Originally built in 1928 as Chandler's 1st movie theater, today it's a turn-key restaurant with mezzanine private dining & small basement (both approx.700 sq ft). All Fixtures, Furniture & Equipment (FF&E) convey from the 4-year NEW remodel. The value is not derived from rent income or remodel costs, but primarily the opportunity to own. PERFECT for an owner/operator looking to be a part of thriving, dynamic, quaint downtown. A 3-month brand new Hilton Garden Inn is at back entrance with a 940-spot garage next to hotel. Located in Federal Enterprise Zone, investor buyer can diminish capital gains over 10 yrs. (Request info from agent). NO CAM fees, NO extra expenses!
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0BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
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5,400SQFT
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$694$/SQFT
School Ratings & Info
Description
Nestled in Hip & historic downtown Chandler, this is RARE opportunity to own a newly remodeled piece of Chandler's history. Originally built in 1928 as Chandler's 1st movie theater, today it's a turn-key restaurant with mezzanine private dining & small basement (both approx.700 sq ft). All Fixtures, Furniture & Equipment (FF&E) convey from the 4-year NEW remodel. The value is not derived from rent income or remodel costs, but primarily the opportunity to own. PERFECT for an owner/operator looking to be a part of thriving, dynamic, quaint downtown. A 3-month brand new Hilton Garden Inn is at back entrance with a 940-spot garage next to hotel. Located in Federal Enterprise Zone, investor buyer can diminish capital gains over 10 yrs. (Request info from agent). NO CAM fees, NO extra expenses!
© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than My Home Group Real Estate. Data last updated 2021-03-03T15:13:16.433.