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Renovated Corner Restaurant

2200 Mesquite Ave, Lake Havasu City, AZ 86403

For Sale
$1,800,000

Fully renovated restaurant with additional parking, lake views, and an included vacant lot.

Property Size3,373 SF
Price / SF$533.65
Days on Market51

Property Features for 2200 Mesquite Ave

General Information

Standard status Active
Size 3,373 SF
Zoning MU-UMS
Net Operating Income $108,000

Additional Details

Cap Rate 7%
Road Access Yes
Land Use commercial

Amenities

lake view

Building Details

Year Built 1985
Buildings 1
Listing Agency: Mohave Realty
Listed By: Raul Ballas · License #SA677297000
Source: Havasurealty
Added: Sep 20 Changed: Oct 25 Last Checked: Oct 7 at 5:33PM

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 Mohave Realty

Rey
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Investment Insights

Based on property information with market context.

This 3,373-square-foot restaurant was renovated and occupies a signalized corner with ample seating and added parking. The property also includes a vacant lot, expanding the overall site and future planning options. A lake view adds to the physical setting.

The restaurant is positioned across from Smith's in Lake Havasu City. MU-UMS zoning permits building heights of up to 60 feet. The property is subject to a 10-year lease with 8 years remaining and a 7% cap rate.

Key Highlights

  • 3,373 SF fully renovated restaurant
  • Signalized corner location across from Smith's
  • Vacant lot included with the property

Property Analytics

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Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Grocery & Convenience Store HVAC Service Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,608
Businesses Nearby
114k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 45% Shops & Services 39% Apparel 10% Dining 5%
Smith's Groceries
50,799 visits/mo 0.2 miles
Smith's Fuel Center Shops & Services
19,741 visits/mo 0.1 miles
Goodwill Apparel
11,697 visits/mo 0.5 miles
Maverik Adventures First Stop Shops & Services
9,497 visits/mo 0.2 miles
Marathon Shops & Services
5,918 visits/mo 0.2 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
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Market

Average Price Trend$/SF for Conventional restaurants in Mohave County, AZ

$323 Jul
$343 Aug
$461 Sep
$542 Oct

Properties on Market for Conventional restaurants in Mohave County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully renovated restaurant with additional parking, lake views, and an included vacant lot.
Where is this conventional restaurant located?
The property is located at 2200 Mesquite Ave Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 3,373 SF fully renovated restaurant; Signalized corner location across from Smith's; Vacant lot included with the property
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