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Restaurant Building with Patio and Acreage
For Sale
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18808 AZ-188, Roosevelt, AZ 85545

Restaurant building with patio, acreage, and potential for other uses.

Property Size6,400 SF
Lot Size3.27 Acres
Price / SF$124.22
Days on Market1559

Property Features for 18808 AZ-188

General Information

Standard status Active
Size 6,400 SF
Lot size 3.27 Acres
Property subtype Land, Mixed Use, Retail
Zoning TR, TD & C3
Investment Type Owner/User

Building Details

Buildings 1
Stories 1
Listing Agency: Arizona Realty Ventures
Listed By: Karon Schneider · License #AZ BR540450000
Source: Crexi
Added: May 17, 2022 Changed: Aug 14 Last Checked: Aug 21 at 2:45PM

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 Arizona Realty Ventures

Investment Insights

Based on property information with market context.

The property features a 6,400 sq. ft. building on approximately 3.27 acres, currently configured as a restaurant, but suitable for modifications to accommodate other venues, retail, storefront, or light industrial purposes. The bar area includes windows that open to a 2,000 sq. ft. patio, pre-wired for three large screen TVs. Views of Roosevelt Lake are visible when lake levels are up. The interior includes a large bar area with booth seating, two restrooms with stalls, and a large kitchen equipped with a walk-in refrigerator, walk-in freezer, separate dry storage room, and installed hood. A banquet room is designed to accommodate large gatherings such as weddings, boat shows, and fishing tournaments. An adjacent dining room provides overflow seating next to the bar. The sale includes a generator and a water holding tank. An alternative septic system is installed. A survey has been recently completed. The seller is willing to increase the amount of acreage with the sale. Parcels marked TR & TD are zoned residential/light industrial. A portion of these sections include a cart barn and a well house on the old golf course section of the property.

Key Highlights

  • Large 6400 sq. ft. building on approximately 3.27 acres, with potential to increase acreage.
  • Currently set up as a restaurant but suitable for various uses including retail, storefront, or light industrial.
  • Enjoy the 2,000 sq. ft. patio wired for 3 large screen TVs.

Property Analytics

Current Use

Conventional restaurants

Location Intelligence

Demographics for 85545, AZ

523
Population
504
Households
1
Avg Household Size
64
Median Age
11%
College-Educated
90%
High-School Grad
396.0 sq mi
ZIP Area
1
Density / Sq Mi
$49,688
Median Household Income
$192,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant building with patio, acreage, and potential for other uses.
Where is this conventional restaurant located?
The property is located at 18808 AZ-188 Roosevelt, AZ.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Large 6400 sq. ft. building on approximately 3.27 acres, with potential to increase acreage.; Currently set up as a restaurant but suitable for various uses including retail, storefront, or light industrial.; Enjoy the 2,000 sq. ft. patio wired for 3 large screen TVs.
More about this property
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