Former Shorty's Bar 145 W Central Ave

Investment Highlights

Located in historical downtown Coolidge Completely renovated Turnkey restaurant and bar

Executive Summary

+/-2,380 SQUARE FOOT BUILDING0.17 ACRE LOTAMPLE PARKING SPACESCOMPLETELY RENOVATED 2022Established 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.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Bar
• Building Size    2,380
• Building Class    C
• Year Built/Renovated    1945/2022
• Price    1,200,000
• Price Per SF    504
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.32
• Land Acres    0.17 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Corner Lot
• Signage
• Storage Space
• Air Conditioning