Address
310 W FRONTIER Street, Eloy, AZ
Price
$ 500,000
Property Attributes
  • MLS#6698819
  • TypeCommercial
  • CountyPINAL
  • CityEloy
  • NeighborhoodSECOND ADDITION TO COTTON CITY
  • Zip85131
  • StyleComm/Industry Sale
  • Year Built1955
  • Taxes$ 3233
  • Price$ 500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1876
  • Lot Size0.28 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Discover the opportunity to create your culinary legacy at 310 Frontier St., the former home of the beloved Encore Family Restaurant. Having closed its doors after years of serving Eloy as a cherished gathering place since 1955, this iconic property now stands ready for a new vision. Perfectly situated for adventurers returning from Picacho Peak and local fans after Friday night football at Santa Cruz High, this space is ripe for reinvention. Offering a generous layout with a full kitchen and an inviting dining area, it beckons an entrepreneurial spirit to craft their own restaurant concept or community hub in this once-bustling spot. Seize this chance to turn a page in Eloy's history books; step into this storied venue where your dream can become the new heart and soul of the city.

Price History
5/1/2024 Listed $500,000

General Features

Sewer Public Sewer
Heating Natural Gas
Cooling Central A/C
Roof Composition
Zoning C-1
Construction Materials Block
Year Built 1955
Electric APS
Township 08S
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 530243.0
Business Type Food Service,Restaurant
County Pinal
Net Operating Income 78067.0
Insurance Expense 4340.0
Property Type Comm/Industry Sale
Attached Garage No
MaintenanceExpense 900.0
Subdivision Name SECOND ADDITION TO COTTON CITY
Status Active
Directions Exit I-10 to N Toltec Rd,right on HWY 84,property on the left
City Eloy
Buyer Agent Compensation 3.00
Disclosures None
View Y/N No
Open Parking Spaces 8.0
Lot Size Square Feet 12357.0
Carport Y/N No
Street Name FRONTIER
Tax Annual Amount 3233.0
Electric Expense 7913.0
Fuel Expense 3410.0
Trash Expense 0.0
Water Sewer Expense 4743.0
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 21
Structure Type Commercial
Standard Status Active
Occupancy Type Owner
Tax Lot 26
Cap Rate 15.61
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community No

Interior Features

Flooring Ceramic Tile
Street Suffix Street
Electric On Property Y/N No

Exterior Features

Fencing Chain Link
Parking Features Paved Parking,Free
Water Source City Franchise
Total Parking 10.0
Lot Size Area 12357.0
Number of Buildings 1
Spa No
Lot Dimensions 140'x100'
Lot Size Acres 0.28
Road Surface Type Asphalt
Lot Size Units Square Feet
Covered Spaces 2.0
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 85131

Price
AVG $390K
$500K
Taxes
AVG $2,943
$3,233
Visits
AVG 83
14
Data Provided by Inside Real Estate®
Year Built
AVG 1964
1955

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