Property profile

1949 Arizona Ave Yuma, AZ 85364

OFF-MARKET
Bars & Pubs
Property ID
US07-0124039
1,600 SF 0.24 ac lot Built 1968
Entity Owned 6-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Atm
  • Bar & Pub

Location

1949 Arizona Ave Yuma, AZ 85364-5738
Yuma metro Census 700 YUMA, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2019
5 recorded transactions
2019
$200,000
2007
$450,000
2007
Price N/A
2006
$250,000
2002
$60,000

Zoning & alternative use

LI · Yuma, AZ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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