Published on: Tuesday, June 25, 2024
Updated on: Friday, January 3, 2025
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About the Lister
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Name: Darien Degher
Company: COLDWELL BANKER COMMERCIAL NORTHLAND
Office Phone: 928-607-3749
Cell Phone: 928-607-3749
Provide Your Service
Financing  Business  Material
  Verde Valley Real Estate and Business/Commercial/Sale
11425 East Cornville Road Cornville Arizona , 86325
11425 East Cornville Road Cornville Arizona                                                                                             , 86325  COLDWELL BANKER COMMERCIAL NORTHLAND
Listing ID: CL-Arizona-10775

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: $75,350.00
Commission Split (%): 0
Quick Glance
Listing ID: CL-Arizona-10775
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 100%
Year Build: 1980
Building Size: 2,400.00 SqFt
Lot Size: 2,400.00 SqFt.
No of Stories: 1
No of Parking: 15
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: Yes
Property On Ground Lease: No
Building Status: Existing
Attached Documents
Listing Summary
Introducing a premiere owner-user business and investment opportunity in the Verde Valley!
Complete Details
Year Build: 1980
Building Size: 2,400 SqFt.
No of Stories: 1
Total Lot Area: 2400 SqFt.
No of Parking: 15
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Heating and Cooling
Building Class: A
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: No
Roofing: Shingle
Occupancy: 100%
Full 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.
Additional Properties
Property Highlights
  • Located in a blossoming corridor, immediately southeast of Page Springs Road.
  • Rentals under fair market rent
  • Award-winning cuisine
Features
  • Business opportunity featuring a turn-key restaurant plus residential rental units on a .6 acre footprint.
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2024
$440,465.00
$0.00
$0.00
$75,350.00
$0.00
0%
Cash Flow for Current Listings
Listing Location
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Status: Price not Disclosed
Created On: 1/3/2025
Modified On: 1/3/2025
205 Gabel st. , Flagstaff Arizona                                                                                              86001
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Status: Price not Disclosed
Created On: 1/3/2025
Modified On: 3/28/2025
1030 San Francisco ST #120/130 , Flagstaff Arizona                                                                                              86001
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Created On: 11/11/2024
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1214 N. Main , Cottonwood Arizona                                                                                              86326
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Listing ID: CL-Arizona-12741
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Category: Retail - Mixed Use
Status: Accepting Offers
Created On: 11/11/2024
Modified On: 11/11/2024
106 S 9th Street , Williams Arizona                                                                                              86046
Address: 2234 E Cedar Ave , Flagstaff Arizona 86004
Listing ID: CL-Arizona-12565
Listing Type: Commercial +Lease
Category: Retail - Other
Status: Accepting Offers
Created On: 10/24/2024
Modified On: 10/24/2024
2234 E Cedar Ave , Flagstaff Arizona                                                                                              86004