Description
A once-in-a-lifetime opportunity to own a legendary, deeded, fee-simple commercial property on the Parker Strip!A local and tourist favorite! This riverfront, RV/Manufactured home park, & famous floating dock bar & grill can be yours! This 37-space park is on nearly 3 acres and has 217' of water frontage! There are 5 riverfront spaces, over 100' of beach, palapas, docks, & plenty of boat parking. Roadrunner floating dock bar & restaurant have always been a favorite stop on the Parker Strip! It does a tremendous volume, has a class 6 liquor license. The kitchen was recently moved off the dock in a $130,000 remodel. The bar/restaurant is leased & there is a possible opportunity to keep that in place. Continue on without changing anything & the current business model will not only pay for itself it will bring you a nice monthly income. If you'd like to change it up, turn the RV sites into a tiny home village, manufactured homes, custom stick builds or a condo development.Instantly raise your cap rate by bring current rents to market value. This is an incredible investment. Sellers are retiring after 14 years, this amazing location can be yours! Call today! Financing available
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0BEDS
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2.86ACRES
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0BATHS
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01/2 BATHS
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2,374SQFT
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$2,814$/SQFT
School Ratings & Info
Description
A once-in-a-lifetime opportunity to own a legendary, deeded, fee-simple commercial property on the Parker Strip!A local and tourist favorite! This riverfront, RV/Manufactured home park, & famous floating dock bar & grill can be yours! This 37-space park is on nearly 3 acres and has 217' of water frontage! There are 5 riverfront spaces, over 100' of beach, palapas, docks, & plenty of boat parking. Roadrunner floating dock bar & restaurant have always been a favorite stop on the Parker Strip! It does a tremendous volume, has a class 6 liquor license. The kitchen was recently moved off the dock in a $130,000 remodel. The bar/restaurant is leased & there is a possible opportunity to keep that in place. Continue on without changing anything & the current business model will not only pay for itself it will bring you a nice monthly income. If you'd like to change it up, turn the RV sites into a tiny home village, manufactured homes, custom stick builds or a condo development.Instantly raise your cap rate by bring current rents to market value. This is an incredible investment. Sellers are retiring after 14 years, this amazing location can be yours! Call today! Financing available
© 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: 2022-08-07T17:39:25.59.