Two-Unit Mixed-Use
3612 Jamaica Blvd S, Lake Havasu City, AZ 86406
For Sale
$1,900,000
Commercial Sale, Lake Havasu City, AZ
Property Size6,282 SF
Lot Size0.33 Acres
Price / SF$302.45
Days on Market47
Property Features for 3612 Jamaica Blvd S
General Information
Property type
Property subtype
Zoning description
Security features
Subdivision
Directions
Special listing conditions
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Tenant in Place
Business Included
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Havasu Realty
(928) 453-5554
Listed By:
Linda Hardy · License #SA527212000
(928) 486-2039
Added: Sep 22
Changed: Oct 27
Last Checked: Nov 7 at 1:06PM
MLS# 1042609
Copyright © 2026 Lake Havasu Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use commercial property contains approximately 6,282 square feet across two units on a 0.33-acre parcel. Unit A measures approximately 3,135 square feet and houses The Spot Pizza and Arcade, while Unit B is leased to a Mixed Martial Arts studio. The configuration combines an established operating business with separately leased commercial space.
Built in 1988, the building features wood frame and block construction, vinyl and full carpet flooring, a rolled hot mop roof, and public water service. HVAC includes central and zoned cooling, ductless equipment, and heat pump and central heating systems. The property is located at 3612 Jamaica Blvd S in Lake Havasu City, Arizona.
Built in 1988, the building features wood frame and block construction, vinyl and full carpet flooring, a rolled hot mop roof, and public water service. HVAC includes central and zoned cooling, ductless equipment, and heat pump and central heating systems. The property is located at 3612 Jamaica Blvd S in Lake Havasu City, Arizona.
Key Highlights
- Approximately 6,282 square feet on 0.33 acres
- Unit A contains approximately 3,135 square feet
- The Spot Pizza and Arcade occupies Unit A
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,295
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,585,900
$1.6M
Cap Rate 7%
$1,132,786
$1.1M
Cap Rate 9%
$881,056
$881.1K
Market Conditions
NOI Build-Up for 6,282 SF
Gross rent
$113.1K $18.00/SF
− Vacancy
−$7.3K −$1.17/SF
EGI
$105.7K $16.83/SF
− OpEx
−$26.4K −$4.21/SF
NOI
$79.3K $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%
$1,585,900
Cap Rate 7%
$1,132,786
Cap Rate 9%
$881,056
Alternative Uses
Best Use
Specialty Retail
$1.13M
$991.2K – $1.32M
NOI $79,295 @ 7.0% cap · market cap 4.17%
Second Best
Mixed Use
$787.5K
$689.1K – $918.8K
NOI $55,125 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,180 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
9,476 visits/mo
0.2 miles
Demographics for 86406, AZ
24,935
Population
14,846
Households
1.7
Avg Household Size
57
Median Age
19%
College-Educated
94%
High-School Grad
244.5 sq mi
ZIP Area
102
Density / Sq Mi
$74,171
Median Household Income
$45,457
Median Earnings
$1,311
Median Rent
$434,700
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use commercial property combining an operating pizza and arcade business with leased studio space.
Where is this mixed-use property located?
The property is located at 3612 Jamaica Blvd S Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Approximately 6,282 square feet on 0.33 acres; Unit A contains approximately 3,135 square feet; The Spot Pizza and Arcade occupies Unit A
