145 W Central Ave - Bar FOR SALE


Coolidge, AZ 85128
$1,200,000 USD
602-327-6008
145 W Central Ave, Coolidge, AZ for Sale
$1,200,000 USD
Bar - FOR SALE
1/12
null | Request Cap Rate

145 W Central Ave
Coolidge, AZ 85128


HIGHLIGHTS

  • Located in historical downtown Coolidge
  • Turnkey restaurant and bar
  • Completely renovated

OVERVIEW

+/-2,380 SQUARE FOOT BUILDING 0.17 ACRE LOT AMPLE PARKING SPACES COMPLETELY RENOVATED 2022 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.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$504 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Shorty's Bar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

Commercial

APN/PARCEL ID

205-05-039

ASK ABOUT THIS PROPERTY

Lee StubblefieldCitywide CommercialMore Info
602-327-6008

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Lee StubblefieldCitywide CommercialMore Info
602-327-6008

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