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42 S Smoketree Ave

Lake Havasu City, AZ 86403
  • $2,900,000
  • STATUS: Active
  • ON SITE: 80 Days
  • MLS #: 1021605
Price Reduced
$2,900,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,500
    SQFT
  • $644
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2009
County:
Area:

School Ratings & Info

Description

Location-Location-Location AND Rare Opportunity to own and operate one of Lake Havasu City's top cash flowing restaurants!! Includes BUSINESS ONLY. Real Estate can be purchased ($1.85M), Leased, or Seller Carryback terms. Located in the Downtown 'Main Street' area, it's 4,500 SF, built in 2009 on .228 acres. Parking in Common. Their long customer base following (appx 6,000) refer to it as ''The Place with the Great Food!'' In business since 1983. It's STAFF, level of SERVICE, & QUALITY of food is second to none. Now that's a winning trifecta! 100% TURN-KEY OPPORTUNITY! Grosses over $5M to cash flow $1M annually. FF&E valued at $225K. Seller willing to remain for a training period & assume a consulting role, if needed by Buyer, for a smooth transition. It's 50+ employees (many 2yr-5yr-10yr-20yrs!) has maintained phenomenal growth even in spite of Covid19. Occupancy 150 for full service in-house dining restaurant/bar with outdoor patio dining. Large Updated Kitchen services 500 - 600 customers a day! Zoning is MU-UMS (Mixed Use-Uptown McCulloch Main Street) DO NOT DISTURB CURRENT BUSINESS ACTIVITY OR EMPLOYEES

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Lake Havasu Association of REALTORS®.

© 2022 Lake Havasu Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty One Group, Mountain Desert. Data last updated: 2022-08-14T23:39:39.217.
www.tourlakehavasuhomes.com/homes/129210495
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42 S Smoketree Ave Lake Havasu City, AZ 86403

  • Price: $2,900,000
  • Status: Active
  • On Site: 80 Days
  • MLS #: 1021605
0
Beds
0
Baths
0
½ Baths
0.23
Acres
4,500
SQFT
$644
$/SQFT
2009
Built
Neighborhood:
Lake Havasu City
County:
Mohave
Area:
Lhc-Central
Property Description
Location-Location-Location AND Rare Opportunity to own and operate one of Lake Havasu City's top cash flowing restaurants!! Includes BUSINESS ONLY. Real Estate can be purchased ($1.85M), Leased, or Seller Carryback terms. Located in the Downtown 'Main Street' area, it's 4,500 SF, built in 2009 on .228 acres. Parking in Common. Their long customer base following (appx 6,000) refer to it as ''The Place with the Great Food!'' In business since 1983. It's STAFF, level of SERVICE, & QUALITY of food is second to none. Now that's a winning trifecta! 100% TURN-KEY OPPORTUNITY! Grosses over $5M to cash flow $1M annually. FF&E valued at $225K. Seller willing to remain for a training period & assume a consulting role, if needed by Buyer, for a smooth transition. It's 50+ employees (many 2yr-5yr-10yr-20yrs!) has maintained phenomenal growth even in spite of Covid19. Occupancy 150 for full service in-house dining restaurant/bar with outdoor patio dining. Large Updated Kitchen services 500 - 600 customers a day! Zoning is MU-UMS (Mixed Use-Uptown McCulloch Main Street) DO NOT DISTURB CURRENT BUSINESS ACTIVITY OR EMPLOYEES
Exterior Features

Construction Steel FrameStuccoWood Frame Fencing None Number Of Docks 0 Parking Parking in Common Roofing Rolled/Hot Mop Unit Level 0-21

Interior Features

Cooling 2+ UnitsCentral AirElectricRoof Mount Unit(S) Flooring Finished Concrete

Property Features

Additional Acreage No Annual Gross Income 5000000.00 Approx Lot Dimensions 72X108x77x141 Commercial Type Limited Commercial Distance Mi To Airport 5.00 Distance Mi To Highway 0.50 Distance Mi To I40 20.00 Distance Mi To Rail 0.00 Features Commercial DishwasherCommercial FridgeCommercial RangeDelivery Door(S)DumpsterExhaust Fan(S)Exterior LightsFire AlarmFreezerHandicap ModifiedHigh Speed InternetInside StoragePublic RestroomsReception AreaRefrigerationRefrigeratorSecurity LightingSecurity SystemSign-RoofSmoke Detector(S)Sprinkler System Flood Plain No Front Exposure West Heating 2+ UnitsCentralRoof Mount Unit(S) Hoa YN No Industrial Park YN No Less Than1 Acre Yes Multi Tenant Building No Rail Service No Road Frontage Feet 72 Sewer City Site Description Alley AccessPaved RoadSidewalkStand Alone Building Tax Year 2021 Taxes 11019.00 Terms Cash Total Number Of Units 1 Use Type Restaurant/Bar Water City Zoning L-C-1 Limited Commercial

Listing information © 2022 Lake Havasu Association of REALTORS®.
Listing provided by Desert Land Group of Keller Williams Arizona Living Realty: (928) 453-6111.

Lake Havasu Association of REALTORS®.

© 2022 Lake Havasu Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty One Group, Mountain Desert. Data last updated: 2022-08-14T23:39:39.217.
 
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Realty One Group, Mountain Desert
1971 McCulloch Blvd. #102
Lake Havasu City AZ, 86403