350 London Bridge Rd

    Lake Havasu City, AZ 86403
    • $379,900
    • STATUS: Active
    • ON SITE: 170 days
    • MLS #: 1000517
    UPDATED: 228 min ago
    $379,900
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,256
      SQFT
    • $168
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1967
    County:
    Area:

    School Ratings & Info

    Description

    THIS IS A SALE OF THE LAND AND BUILDING ONLY. POPULAR ITALIAN RESTAURANT IS UNDER LEASE IN THE BUILDING. TENANTS(OWNERS OF THE MARIO'S RESTAURANT BUSINESS)HAVE BEEN IN THE BUILDING FOR 10 YEARS. TENANT PAYS ONE HALF OF PROPERTY TAXES AND INTERIOR AND EXTERIOR MAINTENANCE. LONG TERM TENANT THAT WANTS TO STAY FOR YEARS. GREAT INVESTMENT WITH HIGH RATE OF RETURN. HIGH TRAFFIC LOCATION WITH EXPOSURE FROM HIGHWAY 95 AND LONDON BRIDGE ROAD. LOTS OF COMMON PARKING. ROOF COMPLETELY REPLACED WITH ADDITIONAL WORK TO PLUMBING, ELECTRICAL AND A/C'S. LOT DIRECTLY TO THE WEST IS FOR SALE THROUGH ANOTHER AGENCY FOR $149,000. DO NOT DISTURB TENANTS!

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    www.lakehavasuproperties.com/homes/81204392

    350 London Bridge Rd Lake Havasu City, AZ 86403

    • Price: $379,900
    • Status: Active
    • Updated: 228 min ago
    • MLS #: 1000517
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,256
    SQFT
    $168
    $/SQFT
    1967
    Built
    Neighborhood:
    Lake Havasu City
    County:
    Mohave
    Area:
    Lhc-Central
    Property Description
    THIS IS A SALE OF THE LAND AND BUILDING ONLY. POPULAR ITALIAN RESTAURANT IS UNDER LEASE IN THE BUILDING. TENANTS(OWNERS OF THE MARIO'S RESTAURANT BUSINESS)HAVE BEEN IN THE BUILDING FOR 10 YEARS. TENANT PAYS ONE HALF OF PROPERTY TAXES AND INTERIOR AND EXTERIOR MAINTENANCE. LONG TERM TENANT THAT WANTS TO STAY FOR YEARS. GREAT INVESTMENT WITH HIGH RATE OF RETURN. HIGH TRAFFIC LOCATION WITH EXPOSURE FROM HIGHWAY 95 AND LONDON BRIDGE ROAD. LOTS OF COMMON PARKING. ROOF COMPLETELY REPLACED WITH ADDITIONAL WORK TO PLUMBING, ELECTRICAL AND A/C'S. LOT DIRECTLY TO THE WEST IS FOR SALE THROUGH ANOTHER AGENCY FOR $149,000. DO NOT DISTURB TENANTS!
    Exterior Features

    Approx Parking Spaces 25 Construction BlockWood Frame Fencing None Parking 21-30 Spaces Roofing Built Up

    Interior Features

    Cooling Central AirElectric2+ Units Equipment Leases None Unit1 Sqft 2256.00

    Property Features

    Additional Acreage No Annual Costs Annual Insurance Amount 1782.00 Annual Gross Income 35532.99 Approx Lot Dimensions 50 X 125 Commercial Type Limited Commercial Electric Gas 110 Volt Expandable Yes Features Public Restrooms Flood Plain No Front Exposure East Heating ElectricCentral Hoa YN No Less Than1 Acre Yes Multi Tenant Building No Owner Pays Building TaxRoofRe TaxesLiability InsuranceFire InsuranceExternal Repairs Road Frontage Feet 50 Sewer City Site Description Lake Side Of HighwayStand Alone BuildingPaved Road Tenant Pays All UtilitiesWaterTrash CollectionSewerJanitorial ServiceInternal RepairsInterior MaintenanceHeatGasElectricity Terms CashConventional Unit1 Annual Monthly Monthly Use Type Restaurant/Bar Water City Zoning L-C-1 Limited Commercial

     
    Lake Havasu City Properties
    1690 North McCulloch Blvd.
    Lake Havasu City AZ, 86403