Mixed-Use Restaurant and
For Sale
$2,199,000
4501 N London Bridge Rd, Lake Havasu City, AZ 86404
Combined hospitality and residential property with restaurant improvements, a full bar, professional kitchen, and desert and lake views.
Property Size9,263 SF
Price / SF$237.40
Days on Market157
Property Features for 4501 N London Bridge Rd
General Information
Standard status
Active
Size
9,263 SF
Property subtype
Commercial
Building Details
Year Built
1977
Buildings
2
Listing Agency:
eXp Realty
(404) 689-4408
Listed By:
The Gedalje Group · License #.
Source:
Lakehavasuareahomesearch
Added: Mar 27
Changed: Aug 30
Last Checked: Aug 30 at 6:13PM
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 eXp Realty
Investment Insights
Based on property information with market context.
Located at 4501 N London Bridge Rd in Lake Havasu City, this mixed-use property combines a commercial hospitality space with an income-producing duplex. The 9,263-square-foot property was built in 1977 and includes a rustic interior, substantial seating, a full bar, and a professionally equipped kitchen. The commercial component is configured for restaurant or bar operations, with additional room for outdoor dining or events.
The accompanying duplex has an established Airbnb rental history and can support short-term or long-term residential occupancy, employee housing, or owner use. The site includes commercial frontage and views toward the desert and lake, adding outdoor-oriented appeal to the combined business and residential configuration.
The accompanying duplex has an established Airbnb rental history and can support short-term or long-term residential occupancy, employee housing, or owner use. The site includes commercial frontage and views toward the desert and lake, adding outdoor-oriented appeal to the combined business and residential configuration.
Key Highlights
- 9,263‑square‑foot mixed‑use property built in 1977
- Commercial space paired with an income‑producing duplex
- Restaurant improvements include seating, full bar, and professional kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$116,922
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,338,440
$2.3M
Cap Rate 7%
$1,670,314
$1.7M
Cap Rate 9%
$1,299,133
$1.3M
Market Conditions
NOI Build-Up for 9,263 SF
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.
Gross rent
$166.7K $18.00/SF
− Vacancy
−$10.8K −$1.17/SF
EGI
$155.9K $16.83/SF
− OpEx
−$39.0K −$4.21/SF
NOI
$116.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,338,440
Cap Rate 7%
$1,670,314
Cap Rate 9%
$1,299,133
Alternative Uses
Best Use
Specialty Retail
$1.67M
$1.46M – $1.95M
NOI $116,922 @ 7.0% cap · market cap 5.32%
Second Best
Mixed Use
$1.16M
$1.02M – $1.35M
NOI $81,283 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M
NOI $144,770 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
Demographics for 86404, AZ
18,312
Population
11,503
Households
1.6
Avg Household Size
59
Median Age
19%
College-Educated
93%
High-School Grad
161.8 sq mi
ZIP Area
113
Density / Sq Mi
$67,528
Median Household Income
$37,160
Median Earnings
$1,352
Median Rent
$421,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Combined hospitality and residential property with restaurant improvements, a full bar, professional kitchen, and desert and lake views.
Where is this mixed-use property located?
The property is located at 4501 N London Bridge Rd Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $2,199,000.
What are key features of this property?
This property features: 9,263‑square‑foot mixed‑use property built in 1977; Commercial space paired with an income‑producing duplex; Restaurant improvements include seating, full bar, and professional kitchen
