1515 N Lake Havasu Ave N, Lake Havasu City, AZ 86404
For Lease
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This exceptional 9,510-square-foot retail property, located at 1515 N Lake Havasu Ave in Lake Havasu City, Arizona (zip code 86404), presents a remarkable investment opportunity. Built in 2005, this single-story building sits on a 0.43-acre lot and boasts 1177 total parking spaces, providing ample convenience for customers and employees. Currently vacant, the space offers immense flexibility for a variety of commercial uses. Previously configured as a daycare, the property features multiple office spaces, five bathrooms, and two kitchenettes, along with a reception area. Each unit has both small and large offices and its own meter. The building also includes a substantial 3,000-square-foot garage, 60 feet wide by 50 feet deep, with a 7'x16' door, adding significant storage or operational space. The property's zoning is L-C-1 Limited Commercial, allowing for diverse possibilities. Its location is highly advantageous, just one block from Highway 95 at Palo Verde North. Potential uses include, but are not limited to, a salon, medical spa, preschool, after-school recreational center, four independent retail shops, or even a bar or restaurant. The property is offered for sale at $1,695,000 or lease at $9,000 per month on a triple net lease basis. Owner financing may be available. The Mohave County APN is 104-35-007.
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Karen Olsavsky Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R3 · Lake Havasu City, AZLake Havasu City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.