18 N State Route 89 - Bar FOR SALE


Chino Valley, AZ 86323
$672,000 USD
619-997-3329
18 N State Route 89, Chino Valley, AZ for Sale
$672,000 USD
Bar - FOR SALE
1/38
null | Request Cap Rate

18 N State Route 89
Chino Valley, AZ 86323


OVERVIEW

The Log Cabin is a one-of-a-kind, turnkey, full-service bar with a commercial kitchen and a #6 Yavapai County Liquor License that is being offered For Sale in several ways. There is a Real Estate only sale and/or an Asset (Business) Sale that can be sold either separately or together. The Real Estate is being offered for sale at $672,000 which includes a +/-3,387 sf commercial building that features a full-service bar and commercial kitchen. This free-standing building is located at the northwest corner of the signalized intersection of Road 1 North & State Route 89 and offers great visibility and access. Situated on +/- .80 acres of commercial zoned property, there are over 30 on-site parking spaces and ample room for vehicles, trucks and trailers to circulate through the parking lot. The property is served by City water and City sewer. The Real Estate sale can be delivered with either a $5,000/mo gross lease in place for up to 3 years or with no lease in place to accommodate an owner/user for the property. The Asset Sale is being offered at $300,000 and includes the existing business opportunity, a #6 Yavapai County Liquor and all FF&E. The bar business is well established with a loyal customer base. Additional business revenue sources include an ATM machine, pool tables, a jukebox, and the full-service kitchen is currently leased out to a third party for $1,000/mo. Due to the confidential nature of this business and real estate opportunity, the financials will be disclosed only after a signed Confidentiality Agreement.

FOR SALE DETAILS

PRICE

$672,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

CL

APN/PARCEL ID

306-23-060A

ASK ABOUT THIS PROPERTY

Raymond ZogobBHGRE BloomTree RealtyMore Info
619-997-3329

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Raymond ZogobBHGRE BloomTree RealtyMore Info
619-997-3329

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.