Listing Agency: Coldwell Banker Northland d***@flagstaffrealestate.com Show Phone

Listed By: Darien Degher · License #SA640115000

Source: Crexi

Added: Mar 27 Changed: Jul 23 Last Checked: Aug 4 at 7:13AM

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Investment Insights

Based on property information with market context.

This turnkey freestanding restaurant is offered as an owner-user business and investment opportunity. The property includes a fully equipped restaurant building of approximately 2,400 square feet, presented in an easy transition state for the next operator. The offering also includes two affixed mobile home units that are currently fully leased on a month-to-month basis and described as under fair market rent.

The property is located at 11425 E Cornville in Cornville, Arizona, positioned at the gateway to the Verde Valley’s wine region as noted in the remarks.

Overall, the configuration supports a combined live/work or rental income approach, with the restaurant and the two leased mobile units forming the core of the property package.

Key Highlights

• 2,400 SF freestanding restaurant building with two affixed mobile home units on the property
• Restaurant is described as fully equipped and positioned for owner‑user or investment use
• Two mobile home units are fully leased on a month‑to‑month (MTM) basis

Property Analytics

Current Use

Manzanita Restaurant Restaurant

Suggested Use

Top Pick Electrical Service Plumbing Service Locksmith Grocery & Convenience Store Kitchen & Bath Showroom Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 86325, AZ

5,472

Population

2,914

Households

1.9

Avg Household Size

60

Median Age

35%

College-Educated

94%

High-School Grad

61.4 sq mi

ZIP Area

89

Density / Sq Mi

$75,078

Median Household Income

$41,167

Median Earnings

$1,540

Median Rent

$409,300

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Turnkey freestanding restaurant with two leased, affixed mobile home units on a month-to-month basis.

Where is this conventional restaurant located?

The property is located at 11425 E Cornville Cornville, AZ.

What are key features of this property?

This property features: 2,400 SF freestanding restaurant building with two affixed mobile home units on the property; Restaurant is described as fully equipped and positioned for owner‑user or investment use; Two mobile home units are fully leased on a month‑to‑month (MTM) basis