348 W White Mountain Boulevard, Lakeside, AZ 85929
COMMERCIAL - Lakeside, AZ
- Added:
- Aug 6, 2025
- Days on Market:
- 326
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 348 W White Mountain Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Window features
- Double Pane Windows
- Standard status
- Active
- APN
- 212-30-014B
- Size
- 5,000 SF
- Lot size
- 0.67 Acres
Taxes and HOA fees
- Tax Description
- Section 25,T9n,R22e:Beg Sw Cor Ne4 Se4 Section 25; Th N1dg28'50 E885.74';th S39dg17'e 195' M/L Tpob; Th S39dg17'e 149.12';th N47dg55'06 E 128.61'; Th N0dg38'30 E 205.24';th S47dg31'w 260.57' Tpob
- Tax Annual Amount
- 6509
Utilities
- Heating system
- Forced Air, Wall Furnace, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1980
- Roof type
- Shingle
Listing agent Patricia Jones (928) 368-3184
Listing office Frank M. Smith & Associates - Main 4756 Buck Springs Road, Pinetop, AZ (928) 369-4000
Listing date Aug 6, 2025
Copyright © 2026 White Mountain 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.
HighLights
- 5,000 SF restaurant facility (3,000 front & 2,000 back) with modern kitchen and sushi bar
- Full bar with 48 seats plus spacious dining room for up to 90 guests
- Turnkey operation included: all furniture, fixtures, and equipment valued at $250,000
- Includes $18,000 in inventory and a negotiable Series #6 liquor license
- Heating: forced air, natural gas, and wall furnace; cooling: central air
- Shingle roof; year built: 1980
Overview
The property is situated on 0.67 acres with parking for approximately 35 vehicles. It is positioned on busy Highway 260 for high customer visibility and straightforward access.
For buyers seeking a ready-to-operate hospitality concept, the combination of dining areas, private event space, and a fully equipped commercial kitchen can support both everyday service and private gatherings. A negotiable Series #6 liquor license is also noted as part of the opportunity, adding an additional consideration for qualified operators evaluating the property for their program.
Local 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 | $130.2k | $26.04 |
| − Vacancy | −$3.4k | −$0.68 |
| EGI | $126.8k | $25.36 |
| − OpEx | −$31.7k | −$6.34 |
| NOI | $95.1k | $19.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lakeside
- County
- Navajo
- State
- Arizona
- Longitude
- -109.958382
- Latitude
- 34.146271
