Date
Details
Price
Change
Source
12/18/2025
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/40
$1,450,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/40
Property Description
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.
Full Property Details
Full Property Details for 501 N Arizona Ave
General
- Price: $1,450,000
- Taxes: $4,043 (2025)
- Status: Active
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6959053
- Updated: 12/18/2025
- Added to Site: 31 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Mixed, Barber/Beauty, Retail, Resta
Rental Information
- Complex Features: Conference Room, Reception Room, Kitchen, Computer Room
Interior
- Flooring: Stone, Wood
Parking
- Parking Features: Parking Lot, Paved, Private, Free
Location
- County: Maricopa
- Township: 1S
- Subdivision: GREATER CHANDLER ADD BLK 8 9
- Cross Streets: Arizona Ave & Oakland St
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: 2 or More Units, Electric, Ceiling
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Structure Type: Commercial
- Exterior Const.: Stucco, Block
- Roof: Rolled/Hot Mop
- Year Built: 1953
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,300
- Lot Dimensions: 102' x 150'
- Zoning: C-R
Financial Considerations
- Tax Amount: $4,043
- Tax Year: 2025
Disclosures and Reports
- Legal Description: GREATER CHANDLER ADD MCR 31-27 LOT 21 BLK 1 & ALSO W 10F ABND RD LY E & ADJ TO SD LOT P/D 85 61
- Property ID: 302-64-020
- Range: 5E
- Section: 27
- Lot Number: 21
Listed by The Broker Reserve LLC
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 501 N Arizona Ave —
The Broker Reserve LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 501 N Arizona Ave
School District:Chandler Unified District
| Name | Grades | Distance |
|---|---|---|
Galveston Elementary School 661 East Galveston Street, Chandler, AZ 85225 | PK-6 | 0.6 mi |
Chandler High School 350 North Arizona Avenue, Chandler, AZ 85225 | 9-12 | 0.3 mi |
Willis Junior High School 401 South McQueen Road, Chandler, AZ 85225 | 7-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 N Arizona Ave
Tax History
Tax History for 501 N Arizona Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,351
2%
$25,074
21%
2024
$1,329
2%
$20,760
—
2023
$1,304
3%
$20,760
39%
2022
$1,262
—
$14,940
-16%
2022
$1,262
-3%
$17,835
—
2021
$1,297
1%
$17,835
1%
2020
$1,290
4%
$17,625
3%
2019
$1,245
3%
$17,085
24%
2018
$1,210
7%
$13,815
8%
2017
$1,136
3%
$12,795
12%
2016
$1,098
-2%
$11,415
20%
2015
$1,123
1%
$9,536
6%
2014
$1,117
1%
$9,008
-5%
2013
$1,108
—
$9,520
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 N Arizona Ave
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
501 N Arizona Avenue, Chandler, AZ 85225 (MLS# 6959053) is a Commercial property. 501 N Arizona Avenue is currently listed for $1,450,000 and was received on December 18, 2025. Want to learn more about 501 N Arizona Avenue? Do you have questions about finding other Commercial real estate for sale in Chandler? You can browse all Chandler real estate or contact a Coldwell Banker agent to request more information.