141 N Gilbert Rd - Restaurant FOR SALE


Gilbert, AZ 85234
$4,500,000 USD
602-524-6000
141 N Gilbert Rd, Gilbert, AZ for Sale
$4,500,000 USD
Restaurant - FOR SALE
1/17
null | Request Cap Rate

Jan '26


141 N Gilbert Rd
Gilbert, AZ 85234


HIGHLIGHTS

  • Downtown Gilbert Trophy Asset
  • Approved Plans

OVERVIEW

Designed by Artie Vigil, AV3 Design Studio. The redevelopment of the Clements Garage building is intended to preserve the façade of the garage building West and South walls. A new building will be constructed on the eastern side of the façade for retail and restaurant use. The exterior renovations proposed build upon the history of the garage and the long standing history of Spanish revival architecture in downtown Gilbert. Compact development with road side street front buildings which were common in main street's from the early 1900's.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$446 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

HVC

APN/PARCEL ID

304-11-097,304-11-098

ASK ABOUT THIS PROPERTY

TJ ClaassenOX Urban PropertiesMore Info
602-524-6000

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TJ ClaassenOX Urban PropertiesMore Info
602-524-6000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.