Historic Phoenix Restaurant to be Sold at Absolute Auction on October 28

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Turn-Key Operation Located on Highway I-17 in New River to Sell to Highest Bidder Regardless of Price

The New River Station

“This auction is the chance of a lifetime. The highest bidder can literally buy on auction day and have an operational business immediately – it truly is an incredible turn-key business with an established and loyal customer base."

A piece of history – a community’s history and a family’s history – will be sold on the auction block next month. The New River Station Restaurant and Saloon located along Highway I-17 in New River, Ariz., just 15 minutes outside Phoenix, will be auctioned on Thursday, October 28 and offered absolute, without reserves and sold regardless of final price.

Originally constructed in the late 1800s with a deed signed by President Harry S. Truman, the New River Station’s history includes use as a convenience store along the much anticipated highway, one of the area’s first Greyhound bus stations, a sheep shearing operation, and a feeding station for work crews in 1947 when the highway construction began. Over the years, the original structure has been expanded, but has kept its old-fashioned appeal. The property, which has been operated as a restaurant for more than 20 years, is known for both its historical significance and its menu and music by the large customer base it has attracted through its longevity and convenient location along I-17. In 2009, the restaurant underwent an extensive remodel with $500,000 in improvements including a new kitchen. The property is being sold as is, with its complete inventory.

“This auction is the chance of a lifetime. The highest bidder can literally buy on auction day and have an operational business immediately – it truly is an incredible turn-key business with an established and loyal customer base. Add to that the fact that the property and its entire contents are being sold absolute, regardless of final price,” said Maverick Commins, president and auctioneer with United Country – Supreme Auctions who will be conducting the auction in conjunction with Auction Systems Auctioneers & Appraisers, both of Phoenix, Ariz.

The property includes a 4,900 sq. ft. building situated on .9 acres along Highway I-17 as well as restaurant inventory (complete inventory list available by request). The building consists of three bars, a full kitchen, prep area, dish wash room and storage, an indoor dining space, covered outdoor dining and patio. The property also includes a highway billboard.

The October 28 auction will be held at 2 p.m. on-site at the restaurant location at 47020 N. Black Canyon Highway in New River, Ariz. Registration will begin at 1 p.m. In addition to on-site bidding, buyers also have the option of live internet bidding.

Property details, photos and terms and conditions can be found at http://www.Supreme-Auctions.com. United Country – Supreme Auctions can be contacted at 866-929-2243 for additional information or property showings.

About United Country
United Country Real Estate is the largest fully integrated network of conventional and auction real estate professionals in the United States. Based in Kansas City, Mo., the company has been an innovator in real estate marketing since 1925. United Country supports 600 offices across the U.S. and in Costa Rica with a unique, comprehensive marketing program that includes one of the largest portfolios of property marketing web sites (more than 1,100 separate sites), seven proprietary real estate catalogs with a cumulative distribution of 1.5 million readers, an extensive, current buyer database and national advertising of properties that reaches more than 90 million homes per week. United Country has recently been recognized by Dun and Bradstreet’s AllBusiness.com, The Land Report, Entrepreneur and The Wall Street Journal as one of the top U.S. real estate franchises.

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