Active

11425 E Cornville Rd

Cornville AZ, 86325

$995,000


$204.56 per sqft

Active

4,864 sqft

Commercial

Built in 1985

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.

536275

MLS ID

May 30, 2024

Listed

October 14, 2024

Updated

Map

11425 E Cornville Rd
Cornville AZ, 86325

Interior Features

Appliances

Refrigerator, Microwave, Disposal, Dishwasher


Floor Description

Vinyl Plank, Carpet


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.6 Acres

Other Property Details

Area Name

17 - Cornville/Page Springs


Taxes

$3,550


Tax Frequency

Annually


Garage

No


Parking

10 - 19 Cars


View

No


County

Yavapai


Water Source

Shared Well


Pool

No


Zoning

C1

Listing History

Date

Event

Price

8/12/2024

Price change

$995,000

-6%

Courtesy of Coldwell Banker Northland, Howard McBride

Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Martin de Bókay shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Sedona Verde Valley Association of REALTORS. All rights reserved.

Data last updated 8:39 PM UTC, 10/14/2024

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