Three long term leases in place for this investment opportunity in a growing community. The ''Town of Friendly Neighbors'' of St. Johns is 45 minutes west of Show Low, and about 45 minutes north of Greer. Mainly an agricultural area, but also the county seat, and closest community to both SRP's Coronado Generating Station, and Tucson Electric Power station. This investment building has three long term tenants that are staples to the community.
Built on the idea that good food should be fresh and wholesome, The Village Cafe, along with adjacent vacant business space is for sale. The adjacent vacant space would be perfect for expanding this successful restaurant. The town of friendly neighbors, St. Johns, is a hungry little town that has kept this restaurant profitable for years. Currently, the restaurant is only open for breakfast and lunch. The seller is willing to sell the building without all of the kitchen equipment for a $50K discount. The restaurant building is home to a two-bedroom one bath apartment behind it. Perfect for a restaurant owner/manager, or caretaker. Don't miss out on this opportunity to run your own business in a thriving and growing community. Additional parcel numbers: 007 & 008.
Showings must be scheduled at least 48 hours in advance. Owner has master keys and will need to coordinate showings around the tenant and owner schedules. Tenants not to be disturbed without notice.
Our beloved Village Cafe is for sale. Built on the simple idea that good food should be fresh and wholesome, this breakfast and lunch cafe has developed a very loyal customer base. The cafe occupies about a 1/3 of the total space that is for sale. There is a two-bedroom apartment behind the cafe, and two additional parcels adjoining that would be perfect for expanding the restaurant or for leasing out for other business endeavors. Over 4,000 square feet of total space, and all of the kitchen and restaurant equipment, furniture etc. to convey if so desired.
St Johns is located in Arizona. St Johns, Arizona has a population of 3,502. St Johns is more family-centric than the surrounding county with 24.47% of the households containing married families with children. The county average for households married with children is 23.52%.
The median household income in St Johns, Arizona is $47,857. The median household income for the surrounding county is $32,360 compared to the national median of $57,652. The median age of people living in St Johns is 30.8 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 21.1 degrees. The average rainfall is approximately 14.5 inches per year, with 7 inches of snow per year.