305 E American Avenue, Oracle, AZ 85623 (MLS# 22612370)

305 E American Avenue, Oracle, AZ 85623

New Listing

$975,000

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Property Type: Commercial Square Footage: 12,535 Lot Size (sq. ft.): 44,431 Status: Active

Current Price: $975,000 List Date: 5/13/2026 Last Modified: 5/13/2026

Overview

Description

The Oracle Inn Steak House & Lounge is a very historic property that was added onto in 1974 which is the only recorded date for construction at the assessors office. The property was totally remodeled in 2008. The property fronts on the main street of American ave. with corner to corner frontage with lots of parking around the building. Included with this sale is an adjacent parcel just South of the main parking lot used for extra parking. The building has a great commercial kitchen for both the restaurant and bar side. There is a breezeway that allows restaurant patrons to go directly into the Lounge after dinner. There is a large outside patio on the North side of the building that faces American ave. with it's own bar and seating area. There are also 2 banquet rooms. A MUST SEE

Listing Details MLS# 22612370

Address Information

Street #: 305
Direction: E
Street Name: American
Suffix: Avenue
State/Province: AZ
Zip Code: 85623
County: Pinal
Country: USA

Location, Tax & Legal

Tax Code: 308-06-001B
Area: Pinal
Tax Year: 2025
Taxes: 11077.66
Taxes For: Building & Land
Legal Description: Mitman Add To Town Of Oracle: Lots 1, 2 & 3 In Blk 7 Recorded In Bk 2 Of Maps Pg 16 And Amended In Bk 14 Of Maps Pg 39,
Development Name: Oracle Inn Steak House & Lounge
Municipality/Zoning: Oracle - CB2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No

General Property Information

Property Sub-Type: Other
Construction Status: Existing
Year Built: 1974
Lot Dimensions: 270 x 125 plus axtra parking lot
Lot Acres: 1.02
Lot Sqft: 44431.2
Lot Size Source: Assessor
Combined SqFt: 12535
Source of SqFt: Assessor
List Price/SqFt: 77.78
Lot Size Price/SqFt: 21.94

Property Features

Property Features: Conference Room; Furnished; Interior Steps; Storage; Wet Bar Construction: Masonry Stucco Roof: Tile Fenced Storage: No Main Cooling: Ceiling Fan(s); Evaporative Cooling; Zoned Main Heating: Forced Air; Natural Gas; Zoned Water Heater: Electric; Natural Gas Gas: Natural Sewer: Septic Accessibility Option: Entry; Wide Doorways; Wide Hallways Security: Alarm Installed; Prewired Fence: None Landscape - Front: Low Care; Shrubs Landscape - Rear: None Road Type: Paved Parking: Free; Parking Lights; Paved Parking; Private Parking Lot Features: Corner Lot Business Location: Corner Lot; Free Standing Bldg Terms: Cash; Conventional; Exchange; Owner Carry; Submit; Trade Possession: Recording Submit With Offer: Digital Signature Accepted; Dual Agency Consent; Earnest Check; Loan Pre-Qualifiaction; On-Site Wastewater; Proof of Funds Property Disclosures: County Parcel Info; Equipment List; Floor Plan; Inventory List; Plat Map; Surveyed Plat Special Conditions: None

Contract Information

Method of Title: Fee (Simple)
Short Sale: No

More Information

Showing Information

Directions: From Oro Valley N on Oracle Road. Oracle Rd turns into Hwy. 77 at Oracle Jct. then follow E to American ave. approx. 9 miles (just past Ford Dealership on your left) to a right turn onto American ave, then approx 1.5 miles to property on your right.

Property Features

A.D.A. Compliant: No
Conference Room: Yes
Furnished: Yes
Interior Steps: Yes
Storage: Yes
Wet Bar: Yes

Space Information

Ceiling Height: 10ft

Electric

Electric Company: San Carlos
3 Phase Power: Yes
Master Meter: Yes

Water

Water Company: Az. Water Co.

Submit With Offer

Seller Title Company: First American Title
Digital Signature Accepted: Yes
Dual Agency Consent: Yes
Earnest Check: Yes
Loan Pre-Qualifiaction: Yes
On-Site Wastewater: Yes
Proof of Funds: Yes

Gas

Natural: Yes

Construction

Masonry Stucco: Yes

Sewer

Septic: Yes

Roof

Tile: Yes

Fence

None: Yes

Road Type

Paved: Yes

Fenced Storage

No: Yes

Lot Features

Corner Lot: Yes

Main Cooling

Ceiling Fan(s): Yes
Evaporative Cooling: Yes
Zoned: Yes

Main Heating

Forced Air: Yes
Natural Gas: Yes
Zoned: Yes

Water Heater

Electric: Yes
Natural Gas: Yes

Terms

Cash: Yes
Conventional: Yes
Exchange: Yes
Owner Carry: Yes
Submit: Yes
Trade: Yes

Accessibility Option

Entry: Yes
Wide Doorways: Yes
Wide Hallways: Yes

Special Conditions

None: Yes

Security

Alarm Installed: Yes
Prewired: Yes

Landscape - Front

Low Care: Yes
Shrubs: Yes

Landscape - Rear

None: Yes

Parking

Free: Yes
Parking Lights: Yes
Paved Parking: Yes
Private Parking: Yes

Business Location

Corner Lot: Yes
Free Standing Bldg: Yes

Freeway/Highway

Up to 1 Mile: Yes

Possession

Recording: Yes

Property Disclosures

County Parcel Info: Yes
Equipment List: Yes
Floor Plan: Yes
Inventory List: Yes
Plat Map: Yes
Surveyed Plat: Yes

Listing Office: Ironwood Properties

Last Updated: May - 13 - 2026

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