Cortez, CO 81321,5 Veach
$690,000
$690,000
Est.Price: ?

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2 BA
2,802 SqFt

5 Veach Cortez, CO 81321

Est. payment /mo
SOLD DATE : 08/12/2022

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Key Details

Sold Price $690,000

Property Type Commercial

Sub Type Restaurant

Listing Status Sold

Purchase Type For Sale

Square Footage 2,802 sqft

Price per Sqft $246

Subdivision Veach

MLS Listing ID 788848

Sold Date 08/12/22

Half Baths 2

Year Built 1953

Annual Tax Amount $5,627

Tax Year 2020

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Restaurant

Property Description

THE OWNERS SAY "SELL, SELL, SELL! AFTER 21 YEARS WE NEED TO RETIRE!" NOW YOU CAN OWN THE BEST STEAKHOUSE IN TOWN AND THE BEST LOCATION! Shiloh Steakhouse has been continuously voted Best Steakhouse in Cortez. Their Friendly Wait Staff and Excellent food brings Locals and Travelers alike back time and time again. Several of their employees have been with them since nearly the beginning. Featuring the Best patio seating in Cortez, it is both inviting and comforting with mature landscaping, a waterfall, a babbling brook and a pond. Shiloh Steakhouse is well established and has been in business for 21 years. It has not only survived CoVid19, it has grown despite the limitations imposed on all restaurants. The last 2 quarters have been the busiest ever. There is seating for up to 99 people inside and added seating for 60 on the patio (weather permitting). The banquet facilities seat up to 60. The property is served by a wired fiber optic hi-speed internet line. The property includes 19 spaces of private off-street concrete parking plus over 10 additional on-street parking spaces. This Turn Key opportunity includes everything you need including furniture, fixtures, inventory, alarm system, and the real estate. The sellers are even willing to negotiate a training/transition period so the new owners can be profitable from day one. And to top it all off, the restaurant is located on the busiest corner in Cortez, right in front of WalMart! It just doesn't get any better than this so please call for a private showing and make an offer! The sellers are VERY VERY Motivated!

Location

State CO

County Montezuma

Interior

Heating Natural Gas

Flooring Carpet, Tile, Wood

Equipment Tables, Chairs, Patio Furniture, Kitchen Equipment

Furnishings Furnished

Exterior

Parking Features Concrete, On Street, Off Street, 20 + Total Spaces, In Rear of Building

Utilities Available Electric, Internet, Natural Gas, Phone, Sanitary Sewer

Roof Type Tile/Slate

Building

Story 1

Foundation Concrete, Crawl Space, Stemwall

Sewer Public Sewer Installed, Sewer Tap Paid

Water Public, Tap Installed Paid

New Construction No

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Colorado Real Estate Network (CREN) + Sold
Listed by Summit Vista Realty, LLC

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agent

Jen Stein

Broker Associate | License ID: FA100096567

+1(970) 318-9300

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