Crosscut Brewery Price, Utah

150 Hospital Drive | Price | Utah | 84501 Back to Properties


×

Confidentiality Agreement

Confidentiality agreement sub heading

I have read and agree to the Confidentiality Agreement

Agreement

All materials and information received or derived from Apex Commercial Real Estate, LLC. KW South Valley Keller Williams its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without

representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, develop-ability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.

Neither Apex Commercial Real Estate, LLC. KW South Valley Keller Williams, its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such parties. Apex Commercial Real Estate, LLC. KW South Valley Keller Williams will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations, including through appropriate third-party independent professionals selected by such parties. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Apex Commercial Real Estate, LLC. KW South Valley Keller Williams makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Apex Commercial Real Estate, LLC. KW South Valley Keller Williams does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Apex Commercial Real Estate, LLC. KW South Valley Keller Williams in compliance with all applicable fair housing and equal opportunity laws.

Property Highlights

  • APEX Commercial Real Estate | KW South Valley Keller Williams is elated to publicize the sale of the Crosscut Brewery in Price, UT, a beautifully renovated fueling station, convenience store, and cafe located directly off of exit 240 in Price Utah. The current ownership purchased the "Log Cabin Restaurant" in the summer of 2018 and restored the property to its original glamour. Prior to opening the doors for business, and during renovations brand new fuel stations and pumps were added, along with validating the condition of the current fuel tanks integrity. After the renovation, the convenience store located next door opened featuring Caffe Ibis Specialty Coffee and Cowboy Donuts. The donuts are delivered fresh from the Spanish Fork location every Friday and Saturday. The Crosscut Brewery offers ice cold adult amber beverages from Moab Brewery along with other favorites on tap as well as delicious root beer. Known for its friendly staff, welcoming atmosphere, and VIP treatment, has continued to attract the community as well as regulars from all over the state.

Property Details

  • Price: $ 2,600,000
  • Transaction Type: For Sale
  • Property Type: Gas Station, Restaurant, Retail
  • Property Sub Type: Gas Station, C-Store, Grill
  • Sale Type: Investment
  • Building Class: B
  • Year Built: 1998
  • No. Stories: 2
  • Availability: Active Listing

Property Description

Capital Improvements

After purchasing the Log Cabin, the current ownership completely gutted
the building; investing in new carpet, tile, signage, chairs, decor, walls,
soda machines, arcade forthe little ones to play at, lighting, grills, ovens,
commercial skillet, pizza oven, movie theater, billiards, darts, and a Kings
Camo Outlet On the exterior, a patio with ambient lighting, tables and
chairs, fueling stations, pumps, validated the integrity of the fuel tanks on
site, blanket the exterior with a new coat of stain and sealant, purchased
new signage for the fuel station and exterior of the building.

High Visibility Location

The Crosscut Brewery dwells directly off of exit 240 in Price Utah , It is the
first Price exit if your bearing is due south and the last exit if your bearing is
north. Directly across the street from the Ramada Inn, and Super 8

The Right Business For You

This stauesque business is an all around package deal designed for the serial
entrepreneur. Crafted with everything one needs to establish success and
diversity from the surrounding businesses. If you have the creativity to see
yourself owning the Crosscut and continuing to build a business that exhibits
the founders of Carbon County, who came from all over the world and built
this community working in coal mines, then this is the business for you. The
Crosscut generates a considerable amount of income and the new ownership
could have the great current management in place run the day to day
operations. Convienently we also have the Ramada Inn and Super 8 listed as
well, if you are looking for a monopoly play you could purchase all three
properties and have two of the best hotels in Price and the most extravagant
restaurant.

Property Size

The Crosscut straddles 1.11 acres, with a total square footage of 48,352 square
feet, and an above ground square footage of 11,287. A total of 8
Conoco fueling stations and 36 parking stalls.

×

Share this property with your friends

Please type comma separated emails if you want to share these properties with multiple people.
×

Download File

×

Download File

×

Download Offering Memorandum

×

3D Tour

Offering Memorandum
Share this property

Request Information

Property Amenities

  • 36 Parking Stalls
  • 8 Conoco Pumps
  • Renovated in 2018
  • C-Store
  • Brewery
  • Arcade
  • Bar & Grill
  • Fresh Donuts

Financial Summary (Actual - )

Annual Annual Per SF
Gross Rental Income: - -
Other Income: - -
Vacancy Loss: - -
Effective Gross Income: - -
Net Operating Income: - -

Apex Commercial Real Estate

Apex Capital Markets

Apex Commercial Development