1 / 39

● For sale

$1,500,000

5037 W THOMAS Road, Phoenix, AZ 85031

To followed in escrow. · Maricopa County

2,904 sqft 0.69 acres Built 1979 $517 /sqft No HOA

199 days on market

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

Property details

Interior

Bathrooms

Total Bathrooms: 0

Interior Features

Flooring: Ceramic Tile

Heating and Cooling

Cooling Features: Heat Pump
Heating Features: Heat Pump

Exterior

Exterior and Lot Features

Fencing: Other, See Remarks

Land Info

Lot Size Acres: 0.69
Lot Size Square Feet: 30,100

Garage and Parking

Attached Garage: No
Parking Features: Open, Paved

Community

Neighborhood

Subdivision: To followed in escrow.

Listing

Other Property Info

Annual Tax Amount: $14,023
Source Listing Status: Active
County: Maricopa
Parcel Number: 103-19-005-G
Zoning: CN Commercial
Postal City: Phoenix
Listing Date: 11/15/2025
On Market Date: 11/15/2025
MLS#: 6947905

Features

Building and Construction

Total Square Feet Living: 2,904
Year Built: 1979
Property Age: 47
Construction Materials: Block, Wood Frame
Roof: Composition

Utilities

Water Source: City Franchise

Contact Us

Ask a question or schedule a showing

Listed by Julio Hernandez& Veronica Gonzalez American Freedom Realty

Listing updated: December 5, 2025

MLS#: 6947905

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed accurate by the MLS.

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