Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Atm
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Bar & Pub
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LI · Yuma, AZZoning
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Zoning designation
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The district profile from the municipal source: what is on file for LI in Yuma, AZ.
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