850 Ash St Globe, AZ 85501-2597
This exceptional opportunity presents a well-established bar located in the heart of Globe, Arizona, at the highly visible intersection of Broad Street and US Highway 60/Ash Street. Boasting over 40 years of operational history, this turnkey business is ready for a new owner. The sale includes a valuable Class 6 liquor license, subject to the buyer's successful completion of the Arizona Department of Liquor License requirements prior to closing. The property itself sits on a sizable 0.51-acre lot and includes two additional structures at the rear. These buildings offer significant potential for conversion into rental properties, providing an additional income stream or the possibility of owner-occupied housing. The main bar building's square footage is not currently specified. This prime location on a main thoroughfare in downtown Globe ensures high visibility and accessibility, making it an ideal investment for an entrepreneur seeking a profitable business with substantial growth potential. The property's history and established clientele provide a solid foundation for continued success. Don't miss this chance to acquire a thriving business with significant expansion possibilities. Serious inquiries only.
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Tap Room Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.