530 W BROADWAY Road Tempe, AZ ^$ 2,450,000

530 W BROADWAY Road

^$ 2,450,000

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530 W BROADWAY Road

Tempe, AZ, 85282

^$ 2,450,000

Bedrooms-- Baths-- Sq 8,119

Monthly Estimate*

^$ 16,922

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Commercial Property for sale in Tempe, AZ

for $2,450,000. This 8,119 square foot building was built in 1974 on a lot size of 0.9.

Freestanding restaurant or redevelopment opportunity along Tempe's Broadway corridor at a highly visible signalized corner. Situated on approximately 0.90 acres, the 8,119 SF building spans two stories and features indoor dining, bar areas, a commercial kitchen and an outdoor patio. With 62+ onsite parking spaces and strong Broadway Road frontage, the property offers excellent exposure and accessibility. Zoned C-G, with potential for continued restaurant use or redevelopment, subject to city approval.

Commercial Active

Price

^$ 2,450,000

Property Type

Commercial

Taxes

^$ 16,974

Style

Comm/Industry Sale

Lot Size

0.9

Year Built

1974

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

7098244

Features

General

Sewer Public Sewer

Heating Forced Air Heat Pump

Cooling Central Air Heat Pump

Roof Other

Zoning C-G

Security Features Security Camera(s) Smoke Detector(s) Fire Sprinklers

Construction Materials Stone Stucco Block

Year Built 1974

Electric SRP

Township 1N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 120000.0

Business Type Bar/Tavern/Lounge Mixed Other Restaurant

County Maricopa

Net Operating Income 120000.0

New Construction N

Property Type Comm/Industry Sale

Attached Garage N

Subdivision Name UNIVERSITY HOMES 3

Building Features Patio/Deck Accessible Entrance Kitchen

Status Active

Directions From Loop 202 exit at Priest Drive and head south. Turn left (east) onto Broadway Road. At Hardy Drive turn left at the light then make an immediate right into the property parking lot.

City Tempe

Disclosures Other (See Remarks)

Open Parking Spaces 62.0

Lot Size Units Square Feet

Lot Size Square Feet 39226.0

Carport Y/N N

Tax Annual Amount 16974.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Structure Type Commercial

Standard Status Active

Occupancy Type Tenant

Tax Lot A

Cap Rate 4.9

Senior Community N

Interior

Flooring Tile Concrete

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Fencing Block

Parking Features Parking Lot Paved

Water Source City Franchise

Total Parking 62.0

Lot Size Area 39226.0

Number of Buildings 1

Spa N

Building Area Total 8119.0

Lot Size Acres 0.9

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 530

* Excluded Features

List By

The Brokery

Broker

danielle@thebrokery.com

Affordability Calculator

$18,336

Per Month

Monthly Principal & Interest: $16,922
Monthly Property Taxes: $1,415
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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 Tempe, AZ

Average List Price ^$1,916,763

Percent of Sale Price 22%

About Tempe, AZ

178,468 Population

13% Since 2002

^$52,533 Median Income

31.86 Median Age

19% 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
10/24/2026	$2,450,000		Listed Price

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530 W BROADWAY Road, Tempe, AZ, 85282 is a Commercial Property for sale at $2,450,000 with 8,119 sqft and a lot size of 0.9. 530 W BROADWAY Road was built in 1974. The property's zip code is 85282 which is in Tempe, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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 10/27/2026.

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530 W BROADWAY Road

Commercial Property for sale in Tempe, AZ

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