Landmark karate studio site sold for $1.7M

An Ahwatukee landmark changed hands early this month as the longtime venue for Mountainside Martial Arts was sold to a local man who plans to convert it for use in a different sport.

Now retired martial arts instructor Rick Savagian sold his building at 3173 E. Chandler Boulevard for $1.7 million to Ahwatukee-based Home Run Holdings LLC, according to commercial real estate tracked vizzda.com.

It was the oldest business in Ahwatukee under continuous ownership until eh decided to retire…

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