Active

5222 S Central Avenue, Phoenix, AZ 85040, Phoenix AZ 85040

$2,400,000
3,678 sqft · Built 1952 · 0.42 acres

Prime Commerical Opportunity: Historic Restaurant Property in the heart of 85040 with decades of local Goodwill. An exceptional opportunity awaits an ambitious restauranteur or investor at this establishment culinary landmark. Versatile floor plan, flexible space easly adapts to various commerical uses. Average of 18,000-20,000 vehicles driving through per day.

5222 S Central Avenue, Phoenix, AZ 850405222 S Central Avenue, Phoenix, AZ 850405222 S Central Avenue, Phoenix, AZ 850405222 S Central Avenue, Phoenix, AZ 850405222 S Central Avenue, Phoenix, AZ 850405222 S Central Avenue, Phoenix, AZ 85040

CloseDaily local analysis

Facts and context beyond the MLS description

The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.

Current market context

How this property compares in Phoenix

This property is offered at $653 per square foot, compared with a $5 median for active listings without a reported bedroom count in Phoenix. Its asking price falls near the 90th percentile of that active group. The comparison uses 566 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.

The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.

$653Listing $/sqft
$5Cohort median $/sqft
566Comparable active listings
0 daysAverage market time

Nearby closed sales

Recent sold homes near this property

The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $323,000, and the median is $244 per square foot where square footage was reported.

Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.

AddressSoldHomeSold priceDistance
5235 S 1st Avenue, Phoenix, AZ 85041 Jul 24, 2026 2 bd · 875 sqft $165,000 0.0 mi
17 W ROESER Road, Phoenix, AZ 85041 Jun 25, 2026 2 bd · 917 sqft $268,000 0.0 mi
117 W ROESER Road, Phoenix, AZ 85041 May 28, 2026 4 bd · 1,550 sqft $390,000 0.1 mi
122 W GROVE Street, Phoenix, AZ 85041 Sep 24, 2026 3 bd · 1,425 sqft $337,000 0.1 mi
111 W CHAMBERS Street, Phoenix, AZ 85041 Aug 19, 2026 4 bd · 1,519 sqft $285,000 0.1 mi
206 W SUNLAND Avenue, Phoenix, AZ 85041 Sep 9, 2026 4 bd · 1,961 sqft $389,000 0.2 mi
5244 S MONTEZUMA Street, Phoenix, AZ 85041 Jun 23, 2026 2 bd · 1,021 sqft $309,000 0.2 mi
316 W ROESER Road, Phoenix, AZ 85041 Jul 2, 2026 5 bd · 1,688 sqft $559,000 0.3 mi

MLS timeline

Price and status history

This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.

  1. $2,400,000 · Active

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