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5 Veach Cortez, CO 81321
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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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