A historic restaurant and saloon in Christopher Creek is back on the market.
The Landmark Restaurant and Saloon has changed hands many times in the past few years.
Most recently, Compass Bank foreclosed on the restaurant and hired Cunningham and Associates in Phoenix to try to sell the property.
Carl Cunningham of Cunningham and Associates said the property's asking price is $760,000.
When the property sold in 2001, the purchase price was $750,000.
"We are only asking for $10,000 more," Cunningham said.
According to Cunningham, the former owner, Kevin Mystrom, had some personal finance problems that were unrelated to the restaurant. The mortgage was not being paid, which resulted in the foreclosure.
The restaurant is a turnkey operation, Cunningham said. "Less than 30 days ago it was a operational restaurant." The only things a new owner would have to do is take the keys and turn on the open sign.
The property broker said everything at the historic restaurant is in good working order.
So far, Cunningham has fielded three in-state offers for the property, but the offers were rejected.
For more information about the Landmark Restaurant, call Cunningham at (602) 647-4900.