22624 S State Route 89

    Yarnell, AZ 85362
    • $270,000
    • STATUS: Active
    • ON SITE: 1808 days
    • MLS #: 5128846
    UPDATED: 67 min ago
    $270,000
    • 0
      BEDS
    • 0.42
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,149
      SQFT
    • $52
      $/SQFT
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Description

    INVESTMENT OPPORTUNITY!! 3960 Sq Ft Building Set Up as a Restaurant Fully Equipped & Leased for 3 Years and a 1189 Sq Ft Adjoining Building (AN #203-09-042) Leased to the U S Post Office for 5 Years (Both with Options). Restaurant Area Can Seat Approximately 100 People & is Located on a Busy Highway Between Prescott & Wickenburg in Beautiful Yarnell, Arizona. Each Building is Located on Separate Lots with Different Parcel Numbers. Restaurant Building to be Sold Including Equipment & Fixtures. Price Reflects a 7 Cap Rate. Two of the Owners are Real Estate Agents Licensed in the State of Arizona.

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2019-05-24T08:10:27.883.
    www.yosthomes.com/homes/41392429

    22624 S State Route 89 Yarnell, AZ 85362

    • Price: $270,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 5128846
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.42
    Acres
    5,149
    SQFT
    $52
    $/SQFT
    1960
    Built
    County:
    Yavapai
    Area:
    Yarnell
    Property Description
    INVESTMENT OPPORTUNITY!! 3960 Sq Ft Building Set Up as a Restaurant Fully Equipped & Leased for 3 Years and a 1189 Sq Ft Adjoining Building (AN #203-09-042) Leased to the U S Post Office for 5 Years (Both with Options). Restaurant Area Can Seat Approximately 100 People & is Located on a Busy Highway Between Prescott & Wickenburg in Beautiful Yarnell, Arizona. Each Building is Located on Separate Lots with Different Parcel Numbers. Restaurant Building to be Sold Including Equipment & Fixtures. Price Reflects a 7 Cap Rate. Two of the Owners are Real Estate Agents Licensed in the State of Arizona.
    Exterior Features

    Construction Block Covered Parking Spaces 0.00 Exterior Features Corner LotSecurity Light(S)Building SignPole Sign Fencing None Freeway Highway Frontage Parking FreePublic ParkingPaved Parking Roads Asphalt/Blacktop Roofing Metal Stories 1 Story Total Parking Spaces 15.00 Uncovered Parking Spaces 15.00

    Interior Features

    Amenities Kitchen Ceiling Height 8.1 Feet To 10 Feet Cooling Central A/CHeat Pump Flooring ConcreteWood Heating Electric2 Or More UnitsHeat Pump Interior Features Finished

    Property Features

    Adjusted Gross Inc 27780.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 2625.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 275.00 Annual Maint Exp 2500.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 450.00 Auction No Building Type Commercial Cross Street Highway 89 & Post St Current Use Service BusinessRestaurant Electric Aps220Individual Meter Gas Propane Piped Gross Annual Sch Inc 27780.00 Hoa Fee 100.00 Hoa YN Yes Loading Facilities Dock High Lot Number 3 Net Operating Income 18835.00 Operating Exp 8945.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Septic in & Cnctd Source Of Financial Data Provided By OwnerBooks Shown Taxes 2995.00 Traffic Count Unknown Use Restrictions Currently Leased Vacancy Allowance 0.00 Water City Franchise Zoning C-3

    Listing courtesy of Century 21 Arizona West.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2019-05-24T08:10:27.883.
     
    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122