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    1949 Arizona Ave Yuma, AZ 85364

    Sponsored
    For Sale
    $850,000

    Established Bar, Prime Location, Food Truck Included

    Property size:
    1,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    The Friendly Tavern, a Yuma institution since 1962, is available for purchase at $850,000. This 1,600 square foot, turnkey business boasts a loyal customer base and is situated on a high-traffic street in Yuma, Arizona, at 1949 S Arizona Ave, zip code 85364. The sale includes all necessary equipment and fixtures for immediate operation, eliminating the need for significant upfront investment. A significant advantage is the inclusion of a fully operational food truck, expanding revenue potential and operational flexibility. The property presents a unique opportunity for an experienced bar owner or an ambitious entrepreneur seeking an established business with a proven track record. While the current NOI is $0, the established clientele and prime location offer substantial potential for increased profitability. This is a rare chance to acquire a well-loved Yuma landmark and build upon its existing success. The property is categorized as a Business and Building sale. Serious inquiries only.

    Property Features for 1949 Arizona Ave

    General Information

    Property type
    Investment properties
    Square Feet
    1,600 SF

    HighLights

    • Excellent Downtown Location.
    • Strong, established tenant base.
    Property Profile Location Intelligence

    Current Use by Public Records

    ATM Atm Yumas Friendly Tavern Bar

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Yuma
    County
    Yuma
    State
    Arizona
    Longitude
    -114.6153592
    Latitude
    32.6925199

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    FAQs

    What type of property is this?
    Investment property - Established Bar, Prime Location, Food Truck Included
    Where is this investment property located?
    The property is located at 1949 Arizona Ave Yuma, AZ.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Excellent Downtown Location.; Strong, established tenant base.;
    Request Owner's contact information
    1949 Arizona Ave Yuma, AZ 85364
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    Yuma, AZ 85364
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1949 Arizona Ave Yuma, AZ 85364
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