I moved back to the area about 10 months ago after living elsewhere in the valley for a number of years. Last time I was in this area this used to be the Waterfront Grill which turned into a Chandler bar pretending to be a Scottsdale bar.
I've been here more than once since I been back as it's easily within walking distance of my home. The food is okay bar food. It ain't the best nor the worst. I think a lot of the food is a bit pricier than I'd expect. They have decent selections of beer and booze, though I have seen bigger selections and much better drink specials elsewhere.
Business depends on day, time of year, time of day etc. It can be between pretty dead and pretty busy as has been mentioned before. The bar staff can be really hit or miss as well.
Finally, Nate's is a Boston themed bar. Normally it's not a big problem. I've been to other themed bars around town. I've seen staff get downright ornery toward customers who happened to be rooting for their home team when they happened to be playing a Boston team. If the fan starts a fight, that is one thing but that hasn't always been the case which is a big downer for this place.
I've finally decided to stop blowing my money here. It's really not worth it anymore. I can get comparative or better food elsewhere and kill brain cells cheaper. There are reasons why this place is getting a lot of 1 or 2 star ratings. I think I've explained mine.