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$1,500,000

  • For Sale
  • Active
  • Commercial
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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

Full Property Details for 5037 W Thomas Rd

General

  • Price: $1,500,000
  • Taxes: $14,023 (2024)
  • Status: Active
  • Type: Commercial
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6947905
  • Updated: 11/15/2025
  • Added to Site: 62 day(s) ago

Business

  • Business Type: Food Service, Retail, Fast Food, Restaurant

Rental Information

  • Complex Features: Kitchen, Display Window(s)

Interior

  • Flooring: Ceramic Tile

Parking

  • Parking Features: Paved, Free

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: To followed in escrow.
  • Cross Streets: 51st th Ave and S. of Thomas Rd

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Heat Pump
  • Heating Type: Heat Pump

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Structure Type: Commercial
  • Exterior Const.: Wood Frame, Block
  • Roof: Composition
  • Year Built: 1979

Lot Features

  • Lot Size (Acres): 0.69
  • Lot Size (Sq. Ft.): 30,100
  • Zoning: CN Commercial

Financial Considerations

  • Tax Amount: $14,023
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: PT NW4 NW4 DAF BEG AT NW COR SEC TH E 445.88F TO PT 20F W OF NW COR OF BRAEWOOD ESTATES TH S 40.0F
  • Property ID: 103-19-005-G
  • Range: 2E
  • Section: 33

Listed by American Freedom Realty

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Listing agents

— 5037 W Thomas Rd —

  • American Freedom Realty

  • American Freedom Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5037 W Thomas Rd

School Districts:Cartwright Elementary District, Phoenix Union High School District
NameGradesDistance
Bret R. Tarver
4308 North 51st Avenue, Phoenix, AZ 85031
K-51.3 mi
Marc T. Atkinson Middle School
4315 North Maryvale Parkway, Phoenix, AZ 85031
6-81.3 mi
Maryvale High School
3415 North 59th Avenue, Phoenix, AZ 85033
9-121.2 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 5037 W Thomas Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/15/2025
Listed
$1,500,000
275%
MLS
6/10/2016
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
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 for 5037 W Thomas Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,981
—
$120,012
2%
2024
$14,023
-5%
$117,631
-3%
2023
$14,768
3%
$121,020
19%
2022
$14,335
—
$101,456
19%
2022
$14,335
-4%
$85,320
1%
2021
$14,927
6%
$84,546
13%
2020
$14,146
5%
$74,934
12%
2019
$13,536
-4%
$67,050
2%
2018
$14,108
3%
$65,448
-6%
2017
$13,644
5%
$69,732
7%
2016
$13,050
4%
$65,466
14%
2015
$12,512
7%
$57,573
4%
2014
$11,691
-10%
$55,575
-11%
2013
$12,937
—
$62,286
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by American Freedom Realty

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5037 W Thomas Road, Phoenix, AZ 85031 (MLS# 6947905) is a Commercial property. 5037 W Thomas Road is currently listed for $1,500,000 and was received on November 15, 2025. Want to learn more about 5037 W Thomas Road? Do you have questions about finding other Commercial real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

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