Property Details

Grocery Store and Laundromat. Over 17k SF Building. Great Location.

$3,300,000

17,166 +/- sf |

1090 W. 5th St.
Tempe, AZ 85281

Price: $3,300,000
Building Size: 17,166 +/- sf
Price/SF:
Property Type: Grocery Store
Property Sub-type: Real Estate
No. Stories: 1
Year Built: 1963
Lot Size: 1.2 +/- ac
APN / Parcel ID: 124-29-016B
Listing ID B139

HIGHLIGHTS

  • Owner occupied grocery store and laundromat plus catering tenant.
  • Full grocery store offering a deli, fried chicken, beer, and wine.
  • High capacity laundromat with over 30 large and extra-large dryers.
  • Real estate included in prime Tempe location.
  • Great demographics – over 100k residents within 3 miles, not including non-resident ASU students.

DESCRIPTION

  • Grocery store and laundromat are owner occupied spaces. End of the building is leased by a catering company.
  • Full grocery store offering a deli, fried chicken, beer, wine, and more.
  • Laundromat with multiple extra-large/large Speed Queen washers, 26 large dryers, and 6 extra-large dryers.
  • Zoned CSS (Commercial Shopping & Service)

 

LOCATION DESCRIPTION

  • Located in the heart of Tempe on the northeast corner of W. 5th St. & Beck Ave.
  • Bus line runs on W. 5th St., bus stop across the street.
  • Located less than a mile from ASU and Downtown Tempe containing heavy retail, restaurants and bars.

 

DEMOGRAPHICS

  • Population: 104,511 (3 miles)
  • Average household income: $60,444 (1 mile)
  • Nearly 72,000 students at nearby Arizona State University (ASU)

Grocery Store and Laundromat. Over 17k SF Building. Great Location.

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