Restaurant & Bar with Pizza
For Sale
$1,300,000
5035 E Powell Lake Rd, Topock, AZ 86436
COMMERCIAL - Topock, AZ
Property Size3,498 SF
Lot Size0.18 Acres
Price / SF$371.64
Days on Market818
Property Features for 5035 E Powell Lake Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
L-C-1 Limited Commercial
Parking features
On Street, Offsite
Subdivision
Golden Shores
Directions
95 N to I40 West, Take Exit 1 Golden Shores/Oatman turn right 5 Miles, Turn Left Onto Powel Lake Road Turn right into Parking lot
Standard status
Active
APN
210-24-274
Size
3,498 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
LOT 13 BLOCK O GOLDEN SHORES UNIT 7
Tax Annual Amount
1767
Legal Description
LOT 13 BLOCK O GOLDEN SHORES UNIT 7
Utilities
Heating system
Ductless (Heating), Central, Electric (Heating)
Cooling system
Multi Units, Zoned, Central Air, Ductless, Electric
Amenities
Billiards Rooms
Custom Art Pieces
Building Details
Year built
1978
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Steel Frame, Wood Frame
Roof type
Rolled Hot Mop
Listing Agency:
Havasu Realty
(928) 453-5554
Listed By:
Tiffani Lambro & Co.
(928) 277-9166
Added: May 24, 2024
Changed: Aug 4
Last Checked: Aug 19 at 4:06PM
MLS# 1030831
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.
A restaurant and bar built for busy service, featuring a full chef’s commercial kitchen with a pizza oven, plus bar space with a main dining full bar and a back-area whisky bar. The layout includes billiards rooms, multiple dining and party areas, and outdoor operating spaces, with two full outdoor dining patios and three main dining/party spaces.
The building’s design supports live entertainment with the ability to run two live bands at the same time without music overlap, including front patio music and back patio music. The property also includes updated and owned bar and kitchen equipment, along with a Sky Tap and POS system intended to support food, drinks, and pastry ordering.
Set on a 0.18-acre site with 3,498 square feet, the property was built in 1978. Amenities include central and electric heating options and zoned cooling with multi units and ductless systems. Parking is available offsite and on street, and the roof is rolled hot mop. The operation is supported by a full lot liquor permit for outdoor events, with indoor and outdoor space suited for multiple events.
The building’s design supports live entertainment with the ability to run two live bands at the same time without music overlap, including front patio music and back patio music. The property also includes updated and owned bar and kitchen equipment, along with a Sky Tap and POS system intended to support food, drinks, and pastry ordering.
Set on a 0.18-acre site with 3,498 square feet, the property was built in 1978. Amenities include central and electric heating options and zoned cooling with multi units and ductless systems. Parking is available offsite and on street, and the roof is rolled hot mop. The operation is supported by a full lot liquor permit for outdoor events, with indoor and outdoor space suited for multiple events.
Key Highlights
- 0.18‑acre site with 3,498 SF built in 1978
- Full chef’s commercial kitchen plus pizza oven
- Two full outdoor dining patios and three main dining/party spaces
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
$44,154
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
3.40%
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%
$883,080
$883.1K
Cap Rate 7%
$630,771
$630.8K
Cap Rate 9%
$490,600
$490.6K
Market Conditions
NOI Build-Up for 3,498 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
$63.0K $18.00/SF
− Vacancy
−$4.1K −$1.17/SF
EGI
$58.9K $16.83/SF
− OpEx
−$14.7K −$4.21/SF
NOI
$44.2K $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%
$883,080
Cap Rate 7%
$630,771
Cap Rate 9%
$490,600
Alternative Uses
Best Use
Specialty Retail
$630.8K
$551.9K – $735.9K
NOI $44,154 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$781.0K
$683.4K – $911.2K
NOI $54,670 @ 7.0% cap · market cap 4.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Chevron
Shops & Services
3,415 visits/mo
0.1 miles
Family Dollar
Shops & Services
2,916 visits/mo
0.1 miles
Demographics for 86436, AZ
1,938
Population
1,623
Households
1.2
Avg Household Size
61
Median Age
20%
College-Educated
89%
High-School Grad
86.5 sq mi
ZIP Area
22
Density / Sq Mi
$60,927
Median Household Income
$42,051
Median Earnings
$929
Median Rent
$206,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant and bar with a full chef’s commercial kitchen, pizza oven, and two outdoor dining patios for events.
Where is this conventional restaurant located?
The property is located at 5035 E Powell Lake Rd Topock, AZ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 0.18‑acre site with 3,498 SF built in 1978; Full chef’s commercial kitchen plus pizza oven; Two full outdoor dining patios and three main dining/party spaces
