$119,990
Mesa, AZ 85205
MLS# 6825908
1 / 1
Property Description
If you are looking for a smoke shop in a highly desirable area that is surrounded by corporate tenants and bars and restaurants with tons of traffic and an always packed parking lot with tons of room for growth and opportunity than look no further. This smoke shop is currently ran owner absentee. Smoke shops are some of the most sought after businesses since a lot of landlords are not approving new ones being built and with the location of this one the competition is slim to none. The smoke shop mostly sells glass and vape items with high margins due to it proximity to near by dispensaries. The lease is only $1,500 per month. This recently remodeled large storefront boasts over 1100 sq.ft of space and nice showcases and almost furniture, fixtures, and equipment.
Details
Maps
General Property Description
Sold Price Per SqFt: 109.08
Ttl Apx SqFt Bldg: 1100
Uncvrd Parking Spcs: 50
Income & Expenses
Annual Gross Sales: 216000
Owners Draw Included: No
Annual Owners Salary: 0
Annual Mngr Salary: 0
Anl Int (Non-RelEst): 0
Annual Depreciation: 0
Annual Fringes: 0
Adjusted Net Income: 0
Apx Value of Cash: 0
Ap Val Frn,Fxt & Eqp: 50000
Apx Val Inventory: 65000
Business Type
Retail: 1
Pmt & Rate Info
Equity: 119990
Down Payment %: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Type of Lease
Other - See Remarks: 1
Form of Ownership
Other - See Remarks: 1
Sale Price Includes
Goodwill: 1
Equipment: 1
Inventory: 1
Lease Value: 1
Cvnt not to Compete: 1
Lease Information
Other - See Remarks: 1
Hours of Operation
Other - See Remarks: 1
Business Age
3 - 5 Years: 1
Heating
See Remarks: 1
Current Ownership
Less Than 1 Year: 1
Cooling
See Remarks: 1
Expenses Include
See Remarks: 1
Business/Tenant Pays
Other: 1
Source of Fincl Data
Owner: 1
Water Source
See Remarks: 1
Sewer
Other: 1
Parking Features
Other: 1
Electric
Other (See Remarks): 1
Gas
Other (See Remarks): 1
New Financing
Cash: 1
Current Financing 1
See Remarks: 1
Current Financing 2
See Remarks: 1
Current Financing 3
See Remarks: 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Contact Info
List Agent Home Phn: 623-236-0836
Contract Info
Current Price: $119,990
List Price: $119,990
Status: Active
List Date: 2025-02-24
Location
House Number: 0000
Compass: E
Street Name: XXXXXXXXX
St Suffix: Avenue
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85205
County Code: Maricopa
Assessor Number: 000-00-000
Remarks Misc
Geo Lat: 33.425282
Geo Lon: -111.715794
Income Expenses
Net Operating Income: 48000
Property Features
Business Type: Retail
Form of Ownership: Other - See Remarks
Sale Price Includes: Goodwill; Equipment; Inventory; Lease Value; Cvnt not to Compete
Lease Information: Other - See Remarks
Hours of Operation: Other - See Remarks
Type of Lease: Other - See Remarks
Business Age: 3 - 5 Years
Current Ownership: Less Than 1 Year
Expenses Include: See Remarks
Source of Fincl Data: Owner
Parking Features: Other
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: See Remarks
Sewer: Other
Heating: See Remarks
Cooling: See Remarks
Lockbox Type: None
Current Financing 1: See Remarks
Current Financing 2: See Remarks
Current Financing 3: See Remarks
New Financing: Cash
Environmental: Other (See Remarks)
Listing Office: American Realty Brokers
Last Updated: January - 28 - 2026
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