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    FOR SALE
    Bars & Pubs

    2122 Mcculloch Blvd N, Lake Havasu City, AZ 86403

    2,428 SF 0.29 ac lot Built 1983
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US07-1390057
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • BJ's Cabana Bar & Karaoke Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Bj S Tavern LLC · 10 yrs held
    Bj S Tavern LLC
    since 2015
    7 recorded transactions
    2019
    2018
    2015
    $575,000
    2014
    $400,000
    2005
    $950,000
    2001
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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