Bank buys old Kneaders building in Ahwatukee

The old Kneaders Bakery building in Ahwatukee has been purchased for nearly $3 million by a bank

Western State Bank last week bought the building, at 4730 E. Ray Road near 48th Street, for $3.97 million from Launch Development Group, according to commercial real estate tracker vizzda.com.

Built in 2014 on a little more than a half acre of land, the building had housed Kneaders until last March, when the restaurant chain closed six of its Valley locations without explanation…

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