Property profile

2122 Mcculloch Blvd N Lake Havasu City, AZ 86403

FOR SALE
Bars & Pubs
Property ID
US07-1390057
2,428 SF 0.29 ac lot Built 1983
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This thriving Lake Havasu City bar and nightclub, situated on McCulloch Blvd N, presents a unique investment opportunity. Boasting 2,429 square feet of indoor space and a substantial outdoor patio, this well-established business has been under the same ownership since 2006. The property includes a #6 liquor license, a full food menu (served 11 AM - 8 PM Sunday-Thursday, and 11 AM - 2 AM Friday-Saturday), and features an extensive array of amenities including an indoor pool table, outdoor dance floor, cooling misting system, fire pit, and multiple TVs both inside and out. The bar also benefits from a state-of-the-art Blizzard beer cooling system, Aloha POS system, ATM, vending machines, and a lottery vending machine. Security is ensured with a 40 NVR & DVR system. The property sits on a 0.29-acre lot, with almost 100 feet of Main Street frontage, providing excellent visibility and access to local events. The single-story building, constructed in 1972, is zoned L-C-1 Limited Commercial. The asking price is $6,500,000. Serious inquiries only

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1983
Construction CONCRETE
Total area 2,428 SF
Lot 0.29 ac (12,632 SF)
APN 108-12-098A
UPID US07-1390057

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
  • Bar & Pub

Location

2122 Mcculloch Blvd N Lake Havasu City, AZ 86403
Lake Havasu City metro Census 953100 LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$460k

Owner & transaction history

since 2015
7 recorded transactions
2019
Price N/A
2018
Price N/A
2015
$575,000
2014
$400,000
2005
$950,000
2001
Price N/A
1969
Price N/A

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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