Turnkey Restaurant & Bar | Owner/User Investment Property
$1,200,000
145 West Central Avenue, Coolidge, AZ 85128
2,380 sqft
Building Size
0.17 acres
Lot Area
Details:
Highlights:
- 11.9% One-Year Population Growth 2023
- Procter & Gamble, Two Million Square Foot Manufacturing Plant Opening in 2025
- Nikola Motors Auto Campus, One Million Square Foot Hydrogen Battery Manufacturing Facility
Description:
Established in the 1945, Shorty’s Tavern in Coolidge stands as a cherished monument of the town's history, nestled in the heart of the historical downtown district. Overlooking the iconic Coolidge water tower, it has been a beacon for locals and visitors alike for generations. The original bar, boasting 8 taps, remains intact, while the space has been transformed into a restaurant, complete with a fully equipped kitchen featuring deep fryers, an oven, and an outdoor BBQ grilling area. The space has 4 restrooms total, including 2 original ones inside and 2 new ADA restrooms outside, featuring modern updates such as sinks, toilets, and electric hand dryers.
Updates such as PEX plumbing installed in 2022 and a new 400 amp electric panel ensure modern functionality. The addition of office space and two new ADA-compliant restrooms on the patio further enhance its appeal. With amenities including roll-up doors, a large pavilion structure with TV mounts, indoor and outdoor security camera systems, and a potential drive-through window, this turnkey business with a historical trade name and concept offers approximately 2,380 square feet of enclosed space, promising a seamless transition for prospective owners.
The owner is willing to return the interior space to the condition shown in the photos, ensuring that the historical charm and functional amenities are preserved. While the inside awaits its next chapter, the outdoor grilling area retains its inviting allure, ready to welcome patrons once again.
$25.00 NNN LEASE RATE
$1,200,000 SALES PRICE
Documents:
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Investment Brochure
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