Acclaimed Arizona Restaurant Opportunity

2 S Beaver St #170, Flagstaff, AZ 86001

  • For Sale $575,000
  • Property Type Retail - Restaurant
  • Property Size 23,680 SF
  • Units 1
  • Lot Size 1.3 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1952
  • Year Renovated 2021
  • Date Updated Aug 6, 2025
Located just south of downtown Flagstaff, Arizona, this prime property enjoys proximity to a vibrant commercial scene. The area is known for its diverse mix of local businesses, perfect for attracting a wide audience looking for quintessential Flagstaff character. Strategically situated on the ground level within a multi-tenant building, buyers will be greeted with a modern presentation juxtaposed against historical architecture, adding character and allure to the location.The French word for forest is Foret. A fitting name for this Flagstaff, AZ bistro that has the world's largest contiguous Ponderosa pine forest at the city's fringe. Opened in 2021, this quaint yet bustling cafe has quickly established itself as one of the most popular restaurants in the city, with locals and tourists alike lining its doorsteps for a taste of the sublime. With a menu perfected by its James Beard award nominated culinary curator, the richness of the cuisine can correlate into a richness of return for any restauranteur looking to capitalize on a niche already carved. Only serving breakfast and lunch and open only five days/week but with sales numbers suggesting full day, 7 day/week operations, the baseline of this business opportunity has been established, providing the type of ease of transition and blue-sky to appease the savviest of investors. Born and nurtured from the creative imagination of the owners, the efficiency of this space is exceptional, from order to drink to entree, appeasing even the most impatient guest who will gladly wait to be "whisked" away to France. Open now into its 4th year, Foret is on an exponential trajectory in popularity and corresponding profitability, with year-end 2024 producing the highest numbers yet. Unlike other restaurant opportunities that are being sold as assets with numbers failing and their primes in the past, this is the opportunity to capture that tracts towards the future. Contributing to the value is an assumable lease rate UNRIVALED for its kind anywhere in the city, a full parking lot exclusive to the building, a must-have exterior patio allowing for additional dining space, and training by an award-winning chef. The space does not need a broom-lift of modification, as the owners have undertaken eye-pleasing as well as underlying improvements; making the limited footprint seem twice as large and equally warm and welcoming. Full FF&E, tradename, leaseholds, inventory, covenant not to compete, training included. Financials via a signed NDA. The old saying goes you can't see the forest for the trees, well this "forest" deserves a larger appreciation.
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Highlights

  • Absolutely turnkey restaurant business opportunity, down to the menu
  • All tangibles and intangibles convey
  • Covenant not to compete; training negotiable
  • Fenced exclusive exterior patio
  • Full surface parking lot
  • Ground level suite fully equipped located within multi-tenant historic building
  • INCREDIBLE lease rate; assumable
  • James Beard culinary award semifinalist
  • Potential for semi to full absentee ownership
  • Southside business and mixed use district
  • Strong year over year financials culminating to strongest to date
  • Wildly popular breakfast and lunch destination; opportunity to expand days and offerings

Contacts

broker

Northland

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise
  • Transit Score ®

    65/100 Good Transit
  • Bike Score ®

    100/100 Biker's Paradise
Powered by Walk Score ®
  • City Flagstaff, AZ
  • Zip Code 86001

Points of Interest

  • Flagstaff

    0.07 miles

  • Speedway

    0.25 miles

  • VP Racing

    0.25 miles

  • VP

    0.27 miles

  • Chevron

    0.59 miles

  • Shell

    0.70 miles

  • Speedi Car Wash & Fuel

    0.71 miles

  • Giant

    0.86 miles

  • Fry's

    0.89 miles

  • Tesla Supercharger

    1.40 miles

  • ChargePoint

    1.79 miles

  • P58

    0.28 miles

  • P1A

    0.30 miles

  • P2

    0.31 miles

  • P1B

    0.31 miles

  • P2B

    0.34 miles

  • P5

    0.44 miles

  • P11

    0.51 miles

  • P3B

    0.51 miles

  • P8

    0.53 miles

  • P19

    0.55 miles

  • Altitudes Bar and Grill

    0.01 miles

  • Biff's Bagels

    0.04 miles

  • Beaver Street Brewery

    0.05 miles

  • La Bellavia

    0.06 miles

  • Lumberyard Brewing Co.

    0.07 miles

  • The Macmillan

    0.08 miles

  • Fratelli’s Pizza Downtown

    0.08 miles

  • Karma Sushi Bar Grill

    0.09 miles

  • Collins Irish Pub And Grill

    0.09 miles

  • NiMarco's Pizza

    0.10 miles

  • Natural Grocers

    0.37 miles

  • Whole Foods Market

    0.63 miles

  • Fry's Food and Drug

    0.86 miles

  • Safeway

    0.92 miles

  • Big Lots

    0.92 miles

  • Ross

    0.98 miles

  • Target

    1.03 miles

  • Kohl's

    1.43 miles

  • Walmart

    1.62 miles

  • Bashas'

    1.70 miles

Frequently Asked Questions

How much does Acclaimed Arizona Restaurant Opportunity cost?

The space currently listed for sale at Acclaimed Arizona Restaurant Opportunity asks for $575,000.

What is the total square footage of Acclaimed Arizona Restaurant Opportunity?

Acclaimed Arizona Restaurant Opportunity totals 23,680 square feet.

When was this property built?

Acclaimed Arizona Restaurant Opportunity was built in 1952.

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Contact Listing Broker
broker

Northland

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