Rooftop Bar and
1515 Marlboro Dr Lake Havasu City, AZ 86403
For Sale
$2,695,000
COMMERCIAL - Lake Havasu City, AZ
Property Size7,125 SF
Lot Size0.06 Acres
Price / SF$378.25
Days on Market487
Property Features for 1515 Marlboro Dr
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 107-07-100/099
- Size
- 7,125 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1973
- Floors in Building
- 2
- Number of units
- 1
Listing Agency:
Mohave Realty
(928) 855-0101
Listed By:
Raul Ballas · License #SA677297000
(714) 686-0018
Added: Mar 24, 2025
Changed: Jun 8
Last Checked: Jul 23 at 4:06PM
MLS# 1034726
Copyright © 2026 Lake Havasu Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale commercial property is a rooftop bar and restaurant configured across multiple levels, with all levels accessible via elevator. The total property size is listed as 7,125 square feet. The rooftop concept is intended for patrons looking out over the lake, and the seller’s remarks note views of the London Bridge and the channel waterway.
The property is located at 1515 Marlboro Dr in Lake Havasu City, Arizona. The listing emphasizes the location and the visual appeal associated with the rooftop vantage point.
For an operator, buyer, or broker evaluating hospitality use, the key components here are the established rooftop bar and restaurant configuration and the on-site access convenience provided by elevator service. The listing also states that a hard-to-obtain Series 6 liquor license is available to be included with the sale, which may be a major consideration for qualifying operators looking to serve alcohol as part of their guest experience.
The property is located at 1515 Marlboro Dr in Lake Havasu City, Arizona. The listing emphasizes the location and the visual appeal associated with the rooftop vantage point.
For an operator, buyer, or broker evaluating hospitality use, the key components here are the established rooftop bar and restaurant configuration and the on-site access convenience provided by elevator service. The listing also states that a hard-to-obtain Series 6 liquor license is available to be included with the sale, which may be a major consideration for qualifying operators looking to serve alcohol as part of their guest experience.
Key Highlights
- Rooftop bar/restaurant with views of London Bridge and the Channel waterway
- Elevator access to all levels
- Year built: 1973
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $128.3k | $18.00 |
| − Vacancy | −$8.3k | −$1.17 |
| EGI | $119.9k | $16.83 |
| − OpEx | −$30.0k | −$4.21 |
| NOI | $89.9k | $12.62 |
7,125 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.28M
$1.12M – $1.50M
NOI $89,935 @ 7.0% cap · market cap 3.34%
Second Best
Retail
$988.6K
$865.0K – $1.15M
NOI $69,202 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,355 @ 7.0% cap · market cap 4.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
River House
Restaurant
Similar Off Market Nearby
- Island Mall & Brewery — Lake Havasu City, AZ 86403
- Lighthouse Lounge — 317 Lake Havasu Ave, Lake Havasu City, AZ 86403
- Shugrue's Restaurant and Brewery Group — 1425 McCulloch Blvd N, Lake Havasu City, AZ 86403
- American Legion — lake havasu ave, lake havasu city, az 86403
- Babaloo Lounge — 357 Lake Havasu Ave, Lake Havasu City, AZ 86403
FAQs
What type of property is this?
Bar & Pub - For sale rooftop bar/restaurant with lake views and elevator access to all levels, plus a Series 6 liquor license available.
Where is this bar & pub located?
The property is located at 1515 Marlboro Dr Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: Rooftop bar/restaurant with views of London Bridge and the Channel waterway; Elevator access to all levels; Year built: 1973
