Turnkey Mexican Restaurant
1601 Industrial Blvd Lake Havasu City, AZ 86403
New
1601 Industrial Blvd, Lake Havasu City, AZ, 86403
$1,390,000
For Sale
$1,390,000
Restaurant property operating as a Mexican restaurant with C-2 commercial zoning and ample parking.
Property Size4,430 SF
Price / SF$313.77
Days on Market3
Property Features for 1601 Industrial Blvd
General Information
- Standard status
- Active
- Size
- 4,430 SF
Building Details
- Year Built
- 1987
Listing agency
Selman And Associates
(407) 803-3809
Listed by
Moises Ortiz · License #SA668725000
Source
Sellinghavasu
Added: Jul 21 Updated: Jul 22 at 9:43PM Checked: Jul 22 at 9:43PM
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 Selman And Associates
Investment Insights
Based on property information with market context.
This commercial property at 1601 Industrial Blvd operates as an established Mexican restaurant and is presented as a turnkey setup or as a foundation for a new concept. The asset is situated to serve both hospitality and other service or retail needs, with its existing restaurant operations providing a defined, working layout for an owner or buyer.
The property is zoned C-2 Commercial and is described as being on a busy thoroughfare with convenient access and strong curb appeal. Remarks also note ample parking and steady traffic from locals and visitors year-round, with especially high activity during peak boating and tourist seasons. The location is stated to be just minutes from a popular boat launch area, supporting demand tied to visitors coming through the area.
Overall, this is a C-2 zoned restaurant property designed for continued food and beverage use or flexible commercial redevelopment consistent with the existing commercial zoning designation.
The property is zoned C-2 Commercial and is described as being on a busy thoroughfare with convenient access and strong curb appeal. Remarks also note ample parking and steady traffic from locals and visitors year-round, with especially high activity during peak boating and tourist seasons. The location is stated to be just minutes from a popular boat launch area, supporting demand tied to visitors coming through the area.
Overall, this is a C-2 zoned restaurant property designed for continued food and beverage use or flexible commercial redevelopment consistent with the existing commercial zoning designation.
Key Highlights
- 1987‑built commercial property operating as a Mexican restaurant
- C‑2 commercial zoning with property suited for hospitality, retail, or service‑oriented businesses
- Ample parking and convenient access
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 | $79.7k | $18.00 |
| − Vacancy | −$5.2k | −$1.17 |
| EGI | $74.6k | $16.83 |
| − OpEx | −$18.6k | −$4.21 |
| NOI | $55.9k | $12.62 |
4,430 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$798.8K
$699.0K – $932.0K
NOI $55,918 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$989.1K
$865.5K – $1.15M
NOI $69,236 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sonora Tacos Y ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Restaurant property operating as a Mexican restaurant with C-2 commercial zoning and ample parking.
Where is this conventional restaurant located?
The property is located at 1601 Industrial Blvd Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: 1987‑built commercial property operating as a Mexican restaurant; C‑2 commercial zoning with property suited for hospitality, retail, or service‑oriented businesses; Ample parking and convenient access
