$220,000
SOLD OCT 31, 2024

404 W Business Loop Bowie, AZ 85605

-- Bed
-- Bath
3,000 Sq Ft
1.51 Acres

Recently Sold

$73 Per Sq Ft

32% Below List Price

454 Days on Market

Highlights

  • Community Kitchen
  • Central Air
  • Concrete Flooring

About This Home

As of October 2024

Seller is willing to consider cash priced offers. Here is your opportunity acquire this turnkey existing restaurant and bar location. Seller is willing to finance with acceptable terms. This pre-engineered steel building was built in 2017, minutes from I-10 exit 362. This beautifully designed 3000-sf restaurant on 1.5 acres, was previously operated as a Steak house and Bar with gift shop. Plenty of parking for autos, RV's and Trucks. Enjoy the design with high ceilings, custom marble and concrete tabletops, and approved for 160 occupancies, with 10 seat eating bar, ADA compliant, private/party seating area and much more! Business equipment, appliances, stoves will remain. Address is also known as 404 W Main St, Bowie, AZ 85605.Sale includes 3 Parcels 302-14-062, 302-14-058 &
302-14-05

Last Agent to Sell the Property

David Rosenstein

OMNI Homes International License #BR652756000 Listed on: 05/23/2023

Last Buyer's Agent

David Rosenstein

OMNI Homes International License #BR652756000 Listed on: 05/23/2023

Property Details

Property Type

  • Other

Year Built

  • Built in 2017

Lot Details

  • 1.51 Acre Lot
  • Property is zoned GB-General Bus

Home Design

  • Metal Roof
  • Metal Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Concrete Flooring

Parking

  • 40 Open Parking Spaces
  • 40 Parking Spaces
  • Public Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 302-14-059--

Community Details

Overview

  • Building Dimensions are Irregular
  • Bowie Subdivision

Additional Features

  • Community Kitchen
  • Operating Expense $6,020

Property Details

Property Type

Other

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Cross Street: West Business Loop/North Lincoln Avenue
  • Legal Info Range: 28
  • Property Type: Comm/Industry Sale
  • Zoning: GB-General Bus
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2017
  • Tax Year: 2022
  • Directions: I-10 /East- Exit 362, head right on the ramp for I-10 Bus Loop toward Bowie. Continue on West Business Loop to the property in Left.
  • Lot Size Acres: 1.51
  • Road Surface Type: Asphalt
  • Subdivision Name: BOWIE
  • Structure Type: Commercial
  • Tax Parcel Letter: -
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 3000.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Metal Siding
  • Roof: Metal
  • Construction:Metal: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 40.0
  • Total Parking Spaces: 40.0
  • General Property Description:Uncvrd Parking Spcs: 40.0
  • General Property Description:Total Parking Spcs: 40.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SSVEC
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Kitchen
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 65765.0
  • Parcel #: 302-14-059--
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 6020.0
  • Leasable Area: 3000.0

Tax Info

  • Tax Annual Amount: 6020.0
  • Tax Book Number: 302.00
  • Tax Lot: 11
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Oct 29, 2024
Sold by
Rafter G Enterprises Llc
Bought by
Baby Baljinder and Om Parkash Om
Seller's Agent
David Rosenstein
OMNI Homes International
Buyer's Agent
David Rosenstein
OMNI Homes International
List Price
$325,000
Sold Price
$220,000
Premium/Discount to List
-$105,000
-32.31%
Views
165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$218,913
Interest Rate
6.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 10, 2017
Sold by
Goodman Jeffrey J and Goodman Pennie M
Bought by
Rafter G Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2017
Sold by
Klump Ranches Llc
Bought by
Goodman Jeffrey J and Goodman Penni M

Purchase Details

Closed on
Nov 4, 2016
Sold by
Earven Bert T and Earven Cheryl J
Bought by
Klump Ranches Llc

Purchase Details

Closed on
Nov 14, 2007
Sold by
Jacobs John R
Bought by
Earven Bert T and Earven Cheryl J
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $220,000 Pioneer Title Agency
Warranty Deed -- Pioneer Title Agency
Cash Sale Deed $5,633 Pioneer Title Agency Inc
Cash Sale Deed $5,000 Pioneer Title Agency
Warranty Deed -- Pioneer Title Agency
Cash Sale Deed $2,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,000 Seller Take Back
Previous Owner $150,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $220,000 -20.0% $73 / Sq Ft
02/23/2024 02/23/24 Price Changed $275,000 -9.8% $92 / Sq Ft
01/03/2024 01/03/24 Price Changed $305,000 -6.2% $102 / Sq Ft
10/31/2023 10/31/23 For Sale $325,000 0.0% $108 / Sq Ft
09/29/2023 09/29/23 Off Market $325,000 -- --
07/31/2023 07/31/23 Price Changed $325,000 -7.1% $108 / Sq Ft
05/26/2023 05/26/23 For Sale $350,000 0.0% $117 / Sq Ft
05/26/2023 05/26/23 Off Market $350,000 -- --
05/24/2023 05/24/23 For Sale $350,000 -- $117 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,820 $79,858 $1,238 $78,620
2023 $5,691 $63,527 $1,238 $62,289
2022 $5,518 $22,073 $1,238 $20,835
2021 $5,722 $23,310 $1,238 $22,072
2020 $14,187 $0 $0 $0
2019 $13,377 $0 $0 $0
2018 $4,961 $0 $0 $0
2017 $207 $0 $0 $0
2016 $203 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    David Rosenstein

    OMNI Homes International

    (520) 406-0000

    67 Total Sales

    David Rosenstein
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6560200

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-14-059

Arizona Cochise County Bowie

404 W Business Loop, Bowie, AZ

This home is located at 404 W Business Loop, Bowie, AZ 85605 and is currently priced at $220,000, approximately $73 per square foot. This property was built in 2017. 404 W Business Loop is a home located in Cochise County with nearby schools including Bowie Elementary School and Bowie High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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