Two-Level
For Sale
$2,750,000
1519 Queens Bay, Lake Havasu City, AZ 86403
The property features a banquet room, elevator, and central air with electric service.
Property Size9,034 SF
Price / SF$304.41
Days on Market391
Property Features for 1519 Queens Bay
General Information
Standard status
Active
Size
9,034 SF
Property subtype
Commercial
Amenities
banquet room
elevator
Building Details
Year Built
1986
Stories
2
Listing Agency:
Brooks-Clark And Assoc.
Listed By:
Suzannah Ballard
(928) 727-0037
Source:
Lakehavasuareahomesearch
Added: Sep 22, 2025
Changed: Oct 1
Last Checked: Oct 16 at 9:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brooks-Clark And Assoc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This restaurant property contains 9034 square feet across two levels, with a banquet room and elevator supporting movement between floors. Central air with electric service is listed among the interior features. Interior finishes include wall-to-wall carpet, ceramic tile, and concrete, providing a mix of finished and durable surfaces. The building was constructed in 1986.
Located in Lake Havasu City, Arizona, the property is identified along the area’s Restaurant Row. The Queens Bay address provides a defined location for a restaurant operation with dedicated banquet space and a two-level layout. The source information also identifies restaurant and bar components, while the primary property classification is conventional restaurant.
Located in Lake Havasu City, Arizona, the property is identified along the area’s Restaurant Row. The Queens Bay address provides a defined location for a restaurant operation with dedicated banquet space and a two-level layout. The source information also identifies restaurant and bar components, while the primary property classification is conventional restaurant.
Key Highlights
- 9034‑square‑foot restaurant property arranged across two levels
- Banquet room included in the building layout
- Elevator provides access between floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,032
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,280,640
$2.3M
Cap Rate 7%
$1,629,029
$1.6M
Cap Rate 9%
$1,267,022
$1.3M
Market Conditions
NOI Build-Up for 9,034 SF
Gross rent
$162.6K $18.00/SF
− Vacancy
−$10.6K −$1.17/SF
EGI
$152.0K $16.83/SF
− OpEx
−$38.0K −$4.21/SF
NOI
$114.0K $12.62/SF
Area
Mohave County, AZ
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,280,640
Cap Rate 7%
$1,629,029
Cap Rate 9%
$1,267,022
Alternative Uses
Best Use
Specialty Retail
$1.63M
$1.43M – $1.90M
NOI $114,032 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.02M
$1.76M – $2.35M
NOI $141,191 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,394
Businesses Nearby
379k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 16%
Apparel 12%
Groceries 9%
In-N-Out Burger
Dining
39,494 visits/mo
0.3 miles
Ross Dress for Less
Apparel
35,975 visits/mo
0.4 miles
Safeway
Groceries
34,599 visits/mo
0.3 miles
McDonald's
Dining
24,894 visits/mo
0.1 miles
Dutch Bros. Coffee
Dining
22,167 visits/mo
0.4 miles
Demographics for 86403, AZ
17,787
Population
11,604
Households
1.5
Avg Household Size
53
Median Age
18%
College-Educated
89%
High-School Grad
11.0 sq mi
ZIP Area
1,617
Density / Sq Mi
$57,531
Median Household Income
$33,368
Median Earnings
$1,152
Median Rent
$313,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The property features a banquet room, elevator, and central air with electric service.
Where is this conventional restaurant located?
The property is located at 1519 Queens Bay Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 9034‑square‑foot restaurant property arranged across two levels; Banquet room included in the building layout; Elevator provides access between floors
