Office Unit with Attached
For Sale
Contact for pricing
285 Lake Havasu Ave S #201, Lake Havasu City, AZ 86403
The second-floor suite combines professional office space with an attached two-car garage.
Property Size3,875 SF
Price / SF$0.71
Days on Market287
Property Features for 285 Lake Havasu Ave S #201
General Information
Standard status
Active
Size
3,875 SF
Net Rentable
3,875 SF
Total Parking Spaces
24
Property subtype
General Commercial
Space & Availability
Floor
Second Floor
Condition
Newly Renovated
Additional Details
Highway Access
Yes
Property Use
Professional Office
Amenities
lake views
large private offices
conference room
kitchen
security system with cameras, alarm & mag-lock front door
Building Details
Year Built
1984
Listing Agency:
Realty ONE Group Mountain Desert-LH
(928) 680-7350
Listed By:
Randy Shuffler · License #SA535036000
(928) 230-5982
Source:
Havasulifeproperties
Added: Jan 15
Changed: Oct 28
Last Checked: Oct 28 at 3:02PM
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 Realty ONE Group Mountain Desert-LH
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Investment Insights
Based on property information with market context.
This second-floor office unit at 285 Lake Havasu Ave S includes 2,392 square feet of office area and an attached 1,483-square-foot, two-car garage. The garage measures 40 feet wide by 38 feet deep, with access from the rear of the building and from upstairs. The office was remodeled and includes private offices, a conference room, a kitchen, and a security system with cameras, an alarm, and a mag-lock entrance. Office furniture is negotiable.
The property has frontage on Lake Havasu Ave and backs to Hwy 95, near Smoketree Ave. Lake views and 24 parking spaces are among the site’s features. The building was constructed in 1984.
The property has frontage on Lake Havasu Ave and backs to Hwy 95, near Smoketree Ave. Lake views and 24 parking spaces are among the site’s features. The building was constructed in 1984.
Key Highlights
- 2,392 square feet of second‑floor office space
- Attached 1,483‑square‑foot garage for two vehicles; measures 40' wide x 38' deep
- Garage access from the rear of the building and upstairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,983
Suggested Prices Based on Cap Rates
Cap Rate 5%
$859,660
$859.7K
Cap Rate 7%
$614,043
$614.0K
Cap Rate 9%
$477,589
$477.6K
Market Conditions
NOI Build-Up for 3,875 SF
Gross rent
$67.4K $17.40/SF
− Vacancy
−$10.1K −$2.61/SF
EGI
$57.3K $14.79/SF
− OpEx
−$14.3K −$3.70/SF
NOI
$43.0K $11.09/SF
Area
Mohave County, AZ
Vacancy
15.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$859,660
Cap Rate 7%
$614,043
Cap Rate 9%
$477,589
Alternative Uses
Best Use
Office B
$614.0K
$537.3K – $716.4K
NOI $42,983 @ 7.0% cap · market cap 1,563.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$865.2K
$757.0K – $1.01M
NOI $60,562 @ 7.0% cap · market cap 2,202.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,190
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The second-floor suite combines professional office space with an attached two-car garage.
Where is this office unit located?
The property is located at 285 Lake Havasu Ave S #201 Lake Havasu City, AZ.
What are key features of this property?
This property features: 2,392 square feet of second‑floor office space; Attached 1,483‑square‑foot garage for two vehicles; measures 40' wide x 38' deep; Garage access from the rear of the building and upstairs
