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7000 Riverside Dr

Parker, AZ 85344
  • $6,679,900
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: 1021833
UPDATED: 82 min ago
$6,679,900
  • 0
    BEDS
  • 2.86
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,374
    SQFT
  • $2,814
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1991
County:

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

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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: 2022-08-07T17:39:25.59.
www.tourlakehavasuhomes.com/homes/129737216
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7000 Riverside Dr Parker, AZ 85344

  • Price: $6,679,900
  • Status: Active
  • On Site: 57 Days
  • Updated: 82 min ago
  • MLS #: 1021833
0
Beds
0
Baths
0
½ Baths
2.86
Acres
2,374
SQFT
$2,814
$/SQFT
1991
Built
Neighborhood:
Parker Strip
County:
La Paz
Area:
Parker Strip Area
Property 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
Exterior Features

Fencing Block Number Of Docks 0 Parking 31-50 Spaces Roofing Rolled/Hot MopShingle Unit Level 0-21

Property Features

Annual Costs Annual Electric Amount 2200.00 Annual Costs Annual Insurance Amount 22000.00 Annual Costs Annual Sewer Amount 30000.00 Annual Costs Annual Trash Amount 2900.00 Annual Gross Income 398000.00 Commercial Type Other Features Balcony/Porch/Patio/DeckCommercial DishwasherCommercial FridgeCommercial RangeDumpsterExterior LightsFire AlarmFixtures/FurnitureFreezerPublic RestroomsReception AreaRefrigerationRefrigeratorSecurity LightingSign-PoleSmoke Detector(S) Front Exposure North Hoa YN No Less Than1 Acre No Owner Pays Common Area MaintenanceExterior MaintenanceLiability InsuranceTaxesTrash CollectionWater Site Description GravelWater AccessWaterfront Tax Year 2021 Taxes 4047.00 Tenant Pays ElectricityGasHeatInsuranceTaxes Terms 1031 ExchangeCashConventionalLease OptionOwner Will Carry Total Number Of Units 37 Use Type Mobile/Trailer ParkRestaurant/Bar Water City Zoning K-C-2 Comm: Community Business

Listing information © 2022 Lake Havasu Association of REALTORS®.
Listing provided by Laynee Sholl of Selman And Associates Parker: (928) 855-5555.

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: 2022-08-07T17:39:25.59.
 
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Realty One Group, Mountain Desert
1971 McCulloch Blvd. #102
Lake Havasu City AZ, 86403