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    Restaurant with Indoor and Outdoor Seating Title is generated by Realmo AI

    91 London Bridge Rd, Lake Havasu City, AZ 86403

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    Claim this Listing
    New
    For Sale
    $200,000

    COMMERCIAL - Lake Havasu City, AZ

    Property size:
    15,357 SF
    Lot size:
    1.83 Acres
    Price / SF:
    $13/SF
    Added:
    Jun 3, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 3 at 4:06 pm

    Property Features for 91 London Bridge Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Security features
    Security Lighting
    Standard status
    Active
    APN
    107-77-001c
    Size
    15,357 SF
    Lot size
    1.83 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    T13N R20W SEC 10 & 15 LAKE HAVASU CITY TRACT 2363 LOT 1 ALSO SHOW N AS PARCELS 1-A & 1-B OF PP 19/12-12B REC 11/29/2002
    Tax Annual Amount
    23495

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2001
    Floors in Building
    1
    Number of units
    5
    Flooring type
    Concrete
    Roof type
    Rolled Hot Mop

    We can help!

    Listing Contact
    Armando A. Contla
    Armando A. Contla

    Listing agent Armando A. Contla License #BR039086000

    Listing office Coldwell Banker Realty 450 S Lake Havasu Ave. Suite 206, LAKE HAVASU CITY, AZ

    Listing date Jun 3, 2026

    MLS# 1041136

    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.

    HighLights

    • Building built in 2001 with concrete flooring
    • Central heating with electric heat and central air conditioning
    • Rolled hot mop roof; public water source
    • Restaurant setup includes indoor and outdoor seating and plenty of parking space
    • Menu includes specialty sandwiches, salads, wraps, and fresh rolls made daily in‑house
    • Assumable building lease with 3 years remaining; equipment and furnishings owned free and clear (seller training included)

    Overview

    This conventional restaurant property includes indoor and outdoor seating, along with on-site preparation for specialty sandwiches, salads, and wraps. The operation features fresh rolls made daily in-house, and the sale includes all equipment and furnishings owned free and clear. The building lease is assumable, with approximately three years remaining, and the sellers will provide training to the incoming operator.

    The property is located at 91 London Bridge Rd in Lake Havasu City, Arizona. Public remarks indicate the restaurant sits across from the London Bridge and the Village, supported by its described visibility and nearby draw.

    For a buyer looking to operate a turnkey, small-format food concept, the included equipment and furnishings and the availability of training can help with transition planning. The assumable building lease structure may appeal to tenants who want to take over an existing arrangement rather than starting from scratch. With on-site parking and both indoor and outdoor dining options, the space can support a day-to-day restaurant program designed around seated service.
    Property Profile Location Intelligence

    Current Use by Public Records

    Desert Resort Properties Real Estate Agency Fat Sub Take-out & Catering Cool Treats Grocery & Convenience Store Mustang Sally's Saloon Bar & Pub Allegiance Insurance Agency- ... Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Havasu City
    County
    Mohave
    State
    Arizona
    Longitude
    -114.348345
    Latitude
    34.474147

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    FAQs

    What type of property is this?
    Conventional restaurant - Restaurant opportunity with indoor and outdoor seating and abundant parking near the London Bridge area.
    Where is this conventional restaurant located?
    The property is located at 91 London Bridge Rd Lake Havasu City, AZ.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Building built in 2001 with concrete flooring; Central heating with electric heat and central air conditioning; Rolled hot mop roof; public water source
    (928) 486-2234
    We can help!
    Listing Contact
    Armando A. Contla
    Armando A. Contla
    Real Estate License ID: BR039086000
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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