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29388105
29388107

3243 N 3rd St, Phoenix, AZ 85012

BK
AZ Arizona LC67501000
Kocour Company
Listed by Kocour Company
$4,295,000
128 days on market
Updated 8 days ago

Ocotillo Restaurant Building

Details
Property Type Retail
Sub Type Restaurant
Square Footage 6,136
Net Rentable (SqFt) 6,136
Price per SqFt $700
Class A
Year Built 1966
Year Renovated 2010
Buildings 5
Stories 1
Lot Size (SqFt) 37,542
Ground Lease No

Retail | 6,136 SqFt

Marketing description

a dramatic outdoor dining and event courtyard complete with lush shady landscaping and multiple patios. The

Kocour Company is pleased to offer this iconic restaurant building known as Ocotillo. Ocotillo is located at the corner of Third Street and Flower in Midtown Phoenix. The indoor/outdoor design blends native desert flora with modern architecture. The inviting indoor space has a full-service bar, dining room and a communal wine events area.

Outdoors, you will find several unique spaces including the Ramada, the Flower Street patio, the Beer Garden, Lucy’s lawn and the Sidecar Cocktail Lounge.

The buildings surround and compose a dramatic outdoor dining and event courtyard complete with lush shady landscaping and multiple patios. The property features a multitude of community space with enclaves of gathering spaces with an event lawn, communal tables, seating ramadas, and nook seating throughout the property.

Naturally rusted corrugated panels and steel canopies carve the intimate sections of the indoor/outdoor compound. A second story cargo container also features office space. All Furniture, Fixtures and Equipment can be made available.

Embraced by resident's valley wide, this legacy dining and event venue offers a truly authentic Phoenix, Arizona experience. Ocotillo is a one-of-a-kind collector property that will appreciate in time.

*Please do not disturb Tenant.

Investment highlights

Year Built/Renovated: 1966/2010

Buildings: 5 Total Buildings

Square Footage: +-6,136 SF Building(s) | +-4,700 SF Patio(s)

Land Area: .86 Acres (37,542 SF)

Owner/User Opportunity

Multiple concepts/uses potentials.

Located in Mid-Town Phoenix with high employment and population.

Large common areas in addition to multiple patios

Unlike anything else in metropolitan Phoenix.

* All Furniture, Fixtures and Equipment can be made available

Listing Contacts

BK
AZ Arizona LC67501000
Kocour Company
Listed by Kocour Company

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Additional Information

Name
Brian Kocour
License
Arizona LC67501000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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