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Property profile & analytics
OFF-MARKET
Commercial real estate

22643 State Rte Yarnell, AZ 85362

0.26 ac lot Built 1952
Property ID
Property summary
AI-generated overview

This unique commercial property, located at 22643 S State Route 89 in Yarnell, Arizona, presents a compelling investment opportunity. Situated on a 0.26-acre lot right on Yarnell's main street (SR 89), this building boasts a rich history, having previously served as the popular Live Oak Steakhouse from the 1980s to the mid-1990s. While currently vacant and requiring renovation, the property offers significant potential for a variety of commercial uses. Constructed from local rock, the building's exterior displays engraved dates of 1937 and 1948, although county records list 1952 as the year built. The asking price of $150,000 reflects the need for improvements. A notable feature is an existing RV hook-up in the rear, currently generating monthly rental income for the owner. This property's prime location in the desirable mountain town of Yarnell, combined with its historical significance and commercial zoning, makes it an attractive proposition for entrepreneurs seeking a unique business venture. The building's solid foundation and prominent street frontage provide a strong base for redevelopment. The property is zoned for commercial use, offering flexibility for various business plans. The existing RV hook-up adds a potential revenue stream. This is a chance to own a piece of Yarnell's history and shape its future.

Property profile
Verified
Property type Commercial real estate
Year built 1952
Lot 0.26 ac (11,326 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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