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$630,000 -$20,000 (-3.08%) Price Reduced
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Property Description
Fully built out and operational restaurant for sale on Main Street in Downtown Florence. This is a 3,111 square foot single level building situated on a large corner lot including two parcels for a total of 28,873 square feet or .66 Acre. Along with plenty of parking, the new owner can also take advantage of the existing strategic partnership with a purified water station leasing space on the far South side of the parking lot for additional monthly income. The restaurant is currently operating with a series 12 liquor license and offering a full menu featuring authentic traditional Mexican food and more. Great layout with large dinning room, full kitchen with multiple vent hoods, private party room, 2 separate bars, dishwasher, grease trap, floor drains, large walk in cooler, water filters system, natural gas, 3 restrooms two for customers and one for employees in back private office.
Full Property Details
Full Property Details for 505 S Main St
General
- Price: $630,000
- Taxes: $2,915 (2024)
- Status: Active
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6935261
- Updated: 5/31/2026
- Added to Site: 228 day(s) ago
Business
- Business Type: Restaurant
Rental Information
- Complex Features: Patio/Deck, Accessible Entrance, Reception Room, Display Window(s)
Interior
- Appliances: Refrigerator, Dishwasher
- Flooring: Tile, Concrete
Parking
- Parking Features: Parking Lot
Location
- County: Pinal
- Township: 05S
- Subdivision: DOUGLAS ADDITION
- Cross Streets: Main Street & Virginia Street
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Structure Type: Commercial
- Exterior Const.: Block
- Roof: Built-Up, Foam
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.66
- Lot Size (Sq. Ft.): 28,873
- Zoning: RETAIL
Financial Considerations
- Tax Amount: $2,915
- Tax Year: 2024
Disclosures and Reports
- Legal Description: LOT 9 BLOCK 21 DOUGLAS ADDITION CAB 1 SLD 4
- Property ID: 202-03-084
- Range: 09E
- Section: 1
- Lot Number: 9
Listed by RE/MAX Fine Properties
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Schools
Schools serving 505 S Main St
School District:Florence Unified School District
| Name | Grades | Distance |
|---|---|---|
Florence K-8 460 South Park Street, Florence, AZ 85132 | K-8 | 0.2 mi |
Florence High School 1001 South Main Street, Florence, AZ 85132 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 S Main St
Date
Details
Price
Change
Source
5/31/2026
Price Reduced
$630,000
-3.08%
MLS
1/14/2026
Price Increased
$650,000
8.51%
MLS
10/31/2025
Price Reduced
$599,000
-7.85%
MLS
10/17/2025
Listed
$650,000
71.05%
MLS
11/02/2018
Sold
$380,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,905
1%
-100%
2025
$2,880
-9%
$49,852
-4%
2023
$3,166
5%
$51,861
44%
2022
$3,022
-7%
$35,956
15%
2021
$3,237
9%
$31,301
-1%
2020
$2,968
1%
$31,669
1%
2019
$2,948
4%
$31,303
11%
2018
$2,834
4%
$28,241
5%
2017
$2,731
2%
$26,888
8%
2016
$2,676
-6%
$24,913
28%
2015
$2,840
-1%
$19,515
21%
2013
$2,877
—
$16,148
—
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 505 S Main St
505 S Main Street, Florence, AZ 85132 (MLS# 6935261) is a Commercial property. 505 S Main Street is currently listed for $630,000 and was received on October 17, 2025. Want to learn more about 505 S Main Street? Do you have questions about finding other Commercial real estate for sale in Florence? You can browse all Florence real estate or contact a Coldwell Banker agent to request more information.

