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

4501 N London Bridge Rd, Lake Havasu City, AZ 86404

COMMERCIAL - Lake Havasu City, AZ

Property Size9,263 SF
Lot Size3.10 Acres
Price / SF$237.40
Days on Market99

Property Features for 4501 N London Bridge Rd

General Information

Property type Commercial Sale
Property subtype Other
Zoning description L-C-2 General Commercial
Subdivision Lake Havasu City
Directions HWY 95 to Price Dr. Turn Right on London Bridge Road 4501 London Bridge Rd. will be on the Left
Standard status Active
APN 120-04-039
Size 9,263 SF
Lot size 3.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description THAT PORTION OF SEC 17 T14N R20W DESCRIBED AS FOLL: BEG AT A PT 7 1.29' SOUTH 89 DEG 59'27''W OF THE EAST 1/4 COR OF SEC
Tax Annual Amount 14800
Legal Description THAT PORTION OF SEC 17 T14N R20W DESCRIBED AS FOLL: BEG AT A PT 7 1.29' SOUTH 89 DEG 59'27''W OF THE EAST 1/4 COR OF SEC

Utilities

Utilities Propane
Sewer type Septic Tank
Heating system Propane (Heating)
Cooling system Central Air, Multi Units, Electric
Water source Public

Building Details

Year built 1977
Floors in Building 1
Number of units 2
Flooring type Concrete, Tile - Ceramic
Building materials Steel Frame, Wood Frame, Block, Vertical Siding, Stucco
Roof type Rolled Hot Mop
Listing Agency: eXp Realty
Listed By: The Gedalje Group · License #SA661681000
Added: Apr 24 Changed: Jul 9 Last Checked: Jul 31 at 10:06PM
MLS# 1040588

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.

Investment Insights

Based on property information with market context.

This mixed-use property combines a fully built-out restaurant/bar setting with a residential duplex, offering two distinct income-producing components. The commercial space features a warm, rustic interior design, ample seating, a full bar area, and a professionally equipped kitchen suited for food and beverage service. The duplex is described in the listing remarks as having an Airbnb rental history, with flexibility for short-term rentals, long-term tenants, employee housing, or owner occupancy. The property is positioned on a 3.1-acre lot with a total building size of 9,263 square feet.

Located at 4501 N London Bridge Rd in Lake Havasu City, AZ (Mohave County), the property is presented as having excellent frontage. The listing also notes room for outdoor dining or event space, which may support additional guest-serving capacity during suitable conditions. The property is marketed as offering desert and lake views.

For operators, buyers, or investors seeking a hospitality-ready environment, the restaurant/bar improvements are already in place, including kitchen and bar components designed for service. For the residential portion, the duplex provides an additional standalone unit type within the same ownership structure, with the listing specifically highlighting short-term rental flexibility alongside longer-term occupancy options.

Key Highlights

  • 1977‑built property with commercial building plus a duplex for combined commercial and residential income
  • Commercial space includes professionally equipped kitchen, full bar area, and ample seating for hospitality use
  • Duplex has a proven Airbnb rental history, providing flexibility for short‑term rentals, long‑term tenants, employee housing, or owner occupancy

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $166.7k $18.00
− Vacancy −$10.8k −$1.17
EGI $155.9k $16.83
− OpEx −$39.0k −$4.21
NOI $116.9k $12.62
9,263 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 25.00%

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
Multifamily LT 5
$987.3K
$863.9K – $1.15M (±1% cap)
NOI $69,114 @ 7.0% cap · market cap 3.14%
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.

Property Analytics

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.

Lease Details

Turnkey business
Opportunity

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - A built-out hospitality space paired with a duplex income unit on a sizable Lake Havasu City lot.
Where is this duplex 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: 1977‑built property with commercial building plus a duplex for combined commercial and residential income; Commercial space includes professionally equipped kitchen, full bar area, and ample seating for hospitality use; Duplex has a proven Airbnb rental history, providing flexibility for short‑term rentals, long‑term tenants, employee housing, or owner occupancy
More about this property
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