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Home > 5037 W THOMAS Road, Phoenix, AZ 85031 (MLS# 6947905)

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

Ownership: Fee Simple Current Price: $1,500,000 List Price: $1,500,000 Status: Active List Date: 2025-11-15

Location, Tax & Legal

Assessor's Map #: 19 Legal Description (Abbrev): PT NW4 NW4 DAF BEG AT NW COR SEC TH E 445.88F TO PT 20F W OF NW COR OF BRAEWOOD ESTATES TH S 40.0F Assessor's Parcel #: 5 Assessor Parcel Ltr: G Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 112302 Taxes: 14023 Legal: PT NW4 NW4 DAF BEG AT NW COR SEC TH E 445.88F TO PT 20F W OF NW COR OF BRAEWOOD ESTATES TH S 40.0F 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 Uncvrd Parking Spcs: 38 Year Built: 1979 Zoning: CN Commercial

Currently Not Used

Sold Price Per SqFt: 516.53

Legal Info

Range: 2E Section: 33 Township: 2N

Construction

Block: 1 Wood Frame: 1

Roofing

Composition: 1

Floors

Ceramic Tile: 1

Income & Expenses

Annual Elec Exp: 0 Annual Gas Exp: 0 Annual Ins Exp: 0 Annual Land Lse Exp: 0 Annual Landscape Exp: 0 Annual Legal & Acctg: 0 Annual Maint Exp: 0 Annual Mgmt Exp: 0 Annual Trash Exp: 0 Annual Wtr/Swr Exp: 0 Owner Association: No Annual Ownr Asoc Fee: 0 Annual PAD Fee: 0 Annual Rplcmnt Rsrvs: 0 Annual Other Expense: 0 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Commercial: 1

Business Type

Restaurant: 1 Fast Food: 1 Retail: 1 Food Service: 1

Pmt & Rate Info

Assessment Balance: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

8.1 Feet to 10 Feet: 1

Heating

Heat Pump: 1

Cooling

Central Air: 1 Heat Pump: 1

Interior Features

Security System: 1 Public Restrooms: 1

Loading Facilities

Other (See Remarks): 1

Road Surface Type

Asphalt: 1

Exterior

Roof Sign: 1 Pole Sign: 1

Source of Fincl Data

Owner: 1

Traffic Count

35,001 to 50,000: 1

Fencing

Other: 1 See Remarks: 1

Water Source

City Franchise: 1

Freeway/Highway

1.1 - 2 Miles: 1

Building Features

Kitchen: 1 Display Window(s): 1

Sewer

Sewer - Public: 1

Parking Features

Free: 1 Paved: 1

Electric

SRP: 1 Individual Meter: 1

Gas

SW Gas: 1 Individual Meter: 1

New Financing

Cash Only: 1

Existing 1st Loan

Private: 1

Existing 1st Loan Type

Fixed: 1

Existing 1st Loan Terms

Non Assumable: 1

Existing 2nd Loan

Other (See Remarks): 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Other (See Remarks): 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

None: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Othr Ln Trm

Not Applicable: 1

Remarks Misc

Cross Street: 51st th Ave and S. of Thomas Rd Geo Lat: 33.48001 Geo Lon: -112.167718

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
IDX
Last Updated: December - 05 - 2025
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