For Sale
$475,000

310 Frontier StEloy, AZ 85131

Prime Eloy location, 1,876 sq ft, high cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
116
This 1,876 square foot restaurant space, located at 310 W Frontier St in Eloy, Arizona, presents a unique investment opportunity. The property, built in 1955, sits on a 12,357 square foot lot (APN 405-05-377) and boasts a strong 16.44% cap rate, generating a net operating income (NOI) of $78,067. The asking price is $475,000, translating to $253.20 per square foot. Currently vacant, this single-story building offers a full kitchen and inviting dining area, perfect for a new restaurant concept or community hub. Its prime location in Eloy, Arizona (zip code 85131), makes it easily accessible to residents and visitors alike, particularly those visiting nearby Picacho Peak or attending events at Santa Cruz High School. The property's history as the former Encore Family Restaurant adds to its charm and potential. This is a chance to acquire a well-situated, established space ready for a new chapter. The property is ready for immediate occupancy.

Highlights

  • $475,000 asking price for this 1,876 square foot vacant restaurant building.
  • Located at 310 W Frontier St, Eloy, AZ 85131 (APN 405-05-377).
  • Retail property with a 16.44% cap rate and $78,067 NOI.
  • Features a 12,357 square foot lot and a full kitchen.
  • Built in 1955, this single-story building offers $253.20 per square foot price.

Property Details for 310 Frontier St

Property type
Retail properties, Restaurants
Square Feet
1,876 SF
Year Built
1955
Stories
1

Location Insight

City
Eloy
County
Pinal
State
Arizona
Latitude
32.7553201
Longitude
-111.559849
310 Frontier St, Eloy, Arizona

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310 Frontier St
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