501 N ARIZONA Avenue Chandler, AZ ^$ 1,450,000

501 N ARIZONA Avenue

^$ 1,450,000

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Recently Listed

501 N ARIZONA Avenue

Chandler, AZ, 85225

^$ 1,450,000

Bedrooms-- Baths-- Sq 3,030

Monthly Estimate*

^$ 9,046

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Commercial Property for sale in Chandler, AZ

for $1,450,000. This 3,030 square foot building was built in 1953 on a lot size of 0.35.

Turnkey restaurant + real estate play just north of Downtown Chandler. 501 N Arizona Ave is a ±3,030 SF, 2-unit retail building with high cash-flow Cho Dang Tofu & BBQ in the main ±2,380 SF restaurant space and a separate ±650 SF finished salon/personal-services suite on the south endcap. Sale includes fee simple ownership of the building plus the Cho Dang business, trade name, full commercial kitchen, and FF&E, allowing a new owner to step straight into operations or plug in a new concept with minimal downtime. Hard-corner visibility on Arizona Ave with prominent signage, strong traffic, and abundant on-site parking. Existing liquor license for on-premise beer and wine service to transfer to qualified buyer, subject to state approval.

Commercial Active

Price

^$ 1,450,000

Property Type

Commercial

Taxes

^$ 4,043

Style

Comm/Industry Sale

Lot Size

0.35

Year Built

1953

Town/City

Chandler

County/Region

Maricopa

MLS | Web ID

6959053

Features

General

Sewer Public Sewer

Heating 2 or More Units Electric Ceiling

Cooling Central Air

Roof Rolled/Hot Mop

Zoning C-R

Construction Materials Stucco Block

Year Built 1953

Electric Over 220 Amp Individual Meter SRP

Township 1S

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 233680.0

Business Type Bar/Tavern/Lounge Mixed Barber/Beauty Retail Restaurant Service Business

County Maricopa

Net Operating Income 233680.0

Operating Expense 4043.0

Property Type Comm/Industry Sale

Attached Garage N

Subdivision Name GREATER CHANDLER ADD BLK 8 9

Building Features Conference Room Reception Room Kitchen Computer Room

Status Active

Directions Building is located on the NE corner of Arizona Ave & Oakland St.

City Chandler

Disclosures Sch of Personal Prop

Open Parking Spaces 30.0

Lot Size Units Square Feet

Lot Size Square Feet 15300.0

Carport Y/N N

Tax Annual Amount 4043.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Structure Type Commercial

Standard Status Active

Occupancy Type Owner

Tax Lot 21

Cap Rate 16.12

Senior Community N

Interior

Flooring Stone Wood

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Fencing Block

Parking Features Parking Lot Paved Private Free

Water Source City Franchise

Total Parking 30.0

Lot Size Area 15300.0

Number of Buildings 1

Spa N

Lot Dimensions 102' x 150'

Lot Size Acres 0.35

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 501

* Excluded Features

List By

The Broker Reserve Llc

Broker

hudson@azreinvestments.com

Affordability Calculator

$9,383

Per Month

Monthly Principal & Interest: $9,046
Monthly Property Taxes: $337
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chandler, AZ

Average List Price ^$1,007,560

Percent of Sale Price 31%

About Chandler, AZ

271,025 Population

53% Since 2002

^$75,028 Median Income

36.43 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/18/2025	$1,450,000		Listed Price

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501 N ARIZONA Avenue, Chandler, AZ, 85225 is a Commercial Property for sale at $1,450,000 with 3,030 sqft and a lot size of 0.35. 501 N ARIZONA Avenue was built in 1953. The property's zip code is 85225 which is in Chandler, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/19/2025.

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501 N ARIZONA Avenue

Commercial Property for sale in Chandler, AZ

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