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$995,000
Est. payment /mo
4,864 SqFt
UPDATED:
09/03/2024 02:47 AM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,864 sqft
Price per Sqft $204
Subdivision Multi-Unit Lots
MLS Listing ID 536275
Originating Board Sedona Verde Valley Association of REALTORS�
Year Built 1985
Annual Tax Amount $3,550
Lot Size 0.600 Acres
Acres 0.6
Property Description
Introducing a premiere owner-user business AND investment opportunity in the Verde Valley! This turnkey restaurant has been a landmark in the area since its inception decades ago, never straying from its award winning cuisine and near 5 star reviews. Attracting consumers from across the region, this 2,400 SF freestanding building is fully equipped and in a state of easy transition for the next savvy business owner to continue the same mouth-watering premise or to inject/create their own. The blue sky is as bright as a Sedona summer day, with opportunities to expand the number of days open, the hours, and even the perfected menu. With meticulous ownership, from the food preparation to the detailed financial statements, there is no better comfort knowing exactly what you will be inheriting as you strap on your apron and put your own spin on sustained delicacy. To add to the appetite, the property also features two affixed mobile home units fully leased. Both units are rented on a MTM basis and under fair market rent, allowing a buyer the opportunity for a live/work situation or the ability to offset any debt service through long-term tenancy. Located right at the "gateway" to the Verde Valley's wine region, this property promises immediate returns and future potential. With a strategic location and thriving local business environment, this property is perfectly positioned for success. Don't miss out on the chance to secure a profitable venture in this dynamic market. Take advantage of this turnkey opportunity and elevate your portfolio with this sought-after investment.
Location
State AZ
County Yavapai
Community Multi-Unit Lots
Direction I-17, exit 293, continue on E. Cornville Rd to the property.
Interior
Heating Forced Air
Cooling Central Air
Exterior
Garage 10 - 19 Cars
Parking Type 10 - 19 Cars
Building
Water Shared Well
Others
Tax ID 40704027k
Security Features Fire/Smoke Alarm
Acceptable Financing Cash to New Loan, 1031 Exchange, Cash
Listing Terms Cash to New Loan, 1031 Exchange, Cash
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Listed by Coldwell Banker Northland