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    OFF-MARKET
    Bars & Pubs

    1949 Arizona Ave, Yuma, AZ 85364-5738

    1,600 SF 0.24 ac lot Built 1968
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US07-0124039
    Property summary
    AI-generated overview

    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
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1968
    Construction CONCRETE BLOCKS
    Total area 1,600 SF
    Lot 0.24 ac (10,500 SF)
    Zoning code LI
    APN 665-45-056
    UPID US07-0124039
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ATM Atm
    • Yumas Friendly Tavern Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Seven Aces LLC · 6 yrs held
    Seven Aces LLC
    since 2019
    5 recorded transactions
    2019
    $200,000
    2007
    $450,000
    2007
    2006
    $250,000
    2002
    $60,000
    Zoning & alternative use
    LI · Yuma, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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