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Mixed-Use Restaurant and Duplex
For Sale
$2,199,000
Pending

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
Days on Market192

Property Features for 4501 N London Bridge Rd

General Information

Standard status Pending
Size 9,263 SF
Property subtype Commercial

Building Details

Year Built 1977
Buildings 2
Listing Agency: eXp Realty
Listed By: The Gedalje Group · License #2013009293
Source: Lakehavasuareahomesearch
Added: Apr 8 Changed: Oct 1 Last Checked: Oct 14 at 11:34PM

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

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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.

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 / Yr
$116,922
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $116,922 @ 7.0% cap · market cap 5.32%
Second Best
Mixed Use
$1.16M
$1.02M – $1.35M (±1% cap)
NOI $81,283 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M (±1% cap)
NOI $144,770 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

BlondZee's Steak House Restaurant

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Law Firm Dental Office Auto Parts Store Pharmacy

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

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

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
More about this property
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