9448 State Rte 89A - Restaurant FOR SALE


Sedona, AZ 86336
$3,250,000 USD
480-694-2320
9448 State Rte 89A, Sedona, AZ for Sale
$3,250,000 USD
Restaurant - FOR SALE
1/28
null | Request Cap Rate

9448 State Rte 89A
Sedona, AZ 86336


HIGHLIGHTS

  • Oak Creek Canyon Location - High-visibility frontage on scenic State Route 89A
  • Café & Market Operation - Established food, beverage, retail and visitor-services platform
  • Destination Restaurant Potential - Existing improvements plus partially constructed restaurant building
  • Creekfront & Water Rights — Oak Creek access with associated water-right interests
  • Tour & Recreation Platform — Guided tours, outdoor gear and experiential-tourism potential
  • Assemblage Opportunity — May be acquired with adjoining Hoel Reserve resort and event venue

OVERVIEW

Rare Oak Creek Canyon food-and-beverage, retail, recreation and experiential-tourism opportunity along scenic State Route 89A, approximately nine miles north of Sedona. Oak Creek Canyon Basecamp is envisioned as a stand-alone destination combining an operating café and boutique market, significant destination-restaurant potential, a commercial kitchen trailer, outdoor gear and visitor provisions, guided-tour operations, creek access and a substantial creekside land component with associated Oak Creek water rights. Basecamp may also be acquired in conjunction with the adjoining Hoel Reserve boutique resort and event venue, allowing a purchaser to retain the broader 27+ acre hospitality, commercial and creekside assemblage as an integrated destination property. The existing café offers artisan coffee and espresso beverages, baked goods, prepared foods, snacks and refreshments in a welcoming canyon environment. The adjoining market features locally inspired merchandise, outdoor gear, trail essentials, maps, hydration supplies and visitor provisions, creating a natural gathering point for travelers, hikers and outdoor enthusiasts exploring Oak Creek Canyon. The property also offers a compelling opportunity for the development of a destination restaurant. Preliminary measurements identify an approximately 2,044-square-foot market building and an approximately 1,408-square-foot partially constructed restaurant building. The existing market building includes finished lobby, lounge, conference and meeting areas previously used for hotel reception and consultations with wedding and event clients. Following separation from the neighboring lodging property, these areas may no longer be required for hotel reception or event-management functions. Portions of the finished interior could potentially be reconfigured for restaurant seating, private dining, lounge, waiting area, bar or small-event use. Together with the partially constructed restaurant building and commercial kitchen trailer, the improvements provide a substantial foundation for an expanded food-and-beverage operation or destination-dining concept, subject to zoning, permitting and governmental approvals. The owner has recently introduced Oak Creek Tours, adding an experiential component to the Basecamp concept. Guests may begin their visit at the property, purchase food, beverages, merchandise or outdoor gear and depart for a guided canyon or creek excursion. The tour operation provides an additional potential revenue stream and may be included in the transaction, subject to the final agreement regarding branding, equipment, reservations, intellectual property and other business assets. The anticipated creekside component provides access to Oak Creek, outdoor-recreation opportunities and water rights associated with the creekside parcel. The existing Hoel Reserve offering materials identify Oak Creek water rights as a feature of the property. The nature, extent, documentation, permitted use and transferability of those rights should be confirmed through title documentation, applicable governmental records and purchaser due diligence. Basecamp benefits from direct visibility and access along State Route 89A, the scenic corridor connecting Sedona and Flagstaff. Its forested canyon setting, existing commercial improvements, creek access and combination of food, retail and recreational uses create a distinctive platform for an owner-user, restaurateur, specialty retailer, outdoor-recreation company, hospitality entrepreneur or destination operator. The land component should not be viewed simply as a conventional development site. Portions include creek, riparian and canyon terrain that contribute materially to the privacy, character and experiential value of the broader property. A purchaser may continue and expand the existing café, market and tour concept, complete the restaurant building, convert portions of the former lobby and meeting areas into additional dining or hospitality space, or reposition the property for another tourism-oriented use, subject to applicable approvals. The offering is being created through a proposed division from the larger Hoel Reserve property. The owner has engaged an Arizona registered land surveyor to complete boundary work, document structures and utilities within the proposed parcel area, prepare the lot split or combination map, create the legal description and establish final parcel corners following approval. Final acreage, boundaries, creek frontage, access, parking, easements, utility arrangements, water-right documentation and included improvements remain subject to survey, governmental approval and final legal documentation. Exact building areas and current uses are subject to verification. Business assets, trade names, licenses, permits, inventory, equipment, tour operations and intellectual property are included only as expressly identified in a definitive purchase agreement.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$1,590 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Oak Creek Canyon Basecamp Café • Gear • Tours

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

15 AC

LAND SF

653,400 SF

ZONING

-

APN/PARCEL ID

405-17-001H

ASK ABOUT THIS PROPERTY

Denise PiasBlackbird BrokeryMore Info
480-694-2320

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Denise PiasBlackbird BrokeryMore Info
480-694-2320

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