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42 S Smoketree Ave

Lake Havasu City, AZ 86403
  • $2,790,000
  • STATUS: Active
  • ON SITE: 125 Days
  • MLS #: 1021605
Price Reduced
UPDATED: 10 min ago
$2,790,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,500
    SQFT
  • $620
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2009
County:
Area:

School Ratings & Info

Description

RARE 100% TURNKEY Opportunity to own & operate one of Lake Havasu City's top cash flowing restaurants!! In business since 1983. Its STAFF, SERVICE & QUALITY of food are second to none. Now that's a winning trifecta! GREAT EMPLOYEES & MANAGEMENT generates this HIGHLY PROSPEROUS Grossing $5M+ to Cash Flow $1M+ annually. $2.79M includes the Juicy's Business. Real Estate is avail For Sale at $1.85M cash/Seller Carryback/Lease. Located in Downtown 'Main St' area, 4,500 SF, built in 2009 on .228 acres. Parking in Common. Their long customer base following (about 6,000) refer to it as ''The Place with the Great Food!'' FF&E valued at $225K. Seller is retiring and willing to remain for a training period & assume a consulting role, if needed for a smooth transition. This restaurant and its unique approach to great food and customer satisfaction has resulted in phenomenal growth even in spite of Covid19. Occupancy 150 for full service in-house dining restaurant/bar with outdoor patio dining. Large Updated Kitchen services 500 - 600 customers a day! Zoning is MU-UMS (Mixed Use-Uptown McCulloch Main St) DO NOT DISTURB CURRENT BUSINESS ACTIVITY OR EMPLOYEES. Contact Koena Tapscott for details

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Lake Havasu Association of REALTORS®.

© 2022 Lake Havasu Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lake Havasu City Properties. Data last updated: 2022-09-29T19:39:44.31.
www.lakehavasuproperties.com/homes/129210495
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42 S Smoketree Ave Lake Havasu City, AZ 86403

  • Price: $2,790,000
  • Status: Active
  • On Site: 125 Days
  • Updated: 10 min ago
  • MLS #: 1021605
0
Beds
0
Baths
0
½ Baths
0.23
Acres
4,500
SQFT
$620
$/SQFT
2009
Built
Neighborhood:
Lake Havasu City
County:
Mohave
Area:
Lhc-Central
Property Description
RARE 100% TURNKEY Opportunity to own & operate one of Lake Havasu City's top cash flowing restaurants!! In business since 1983. Its STAFF, SERVICE & QUALITY of food are second to none. Now that's a winning trifecta! GREAT EMPLOYEES & MANAGEMENT generates this HIGHLY PROSPEROUS Grossing $5M+ to Cash Flow $1M+ annually. $2.79M includes the Juicy's Business. Real Estate is avail For Sale at $1.85M cash/Seller Carryback/Lease. Located in Downtown 'Main St' area, 4,500 SF, built in 2009 on .228 acres. Parking in Common. Their long customer base following (about 6,000) refer to it as ''The Place with the Great Food!'' FF&E valued at $225K. Seller is retiring and willing to remain for a training period & assume a consulting role, if needed for a smooth transition. This restaurant and its unique approach to great food and customer satisfaction has resulted in phenomenal growth even in spite of Covid19. Occupancy 150 for full service in-house dining restaurant/bar with outdoor patio dining. Large Updated Kitchen services 500 - 600 customers a day! Zoning is MU-UMS (Mixed Use-Uptown McCulloch Main St) DO NOT DISTURB CURRENT BUSINESS ACTIVITY OR EMPLOYEES. Contact Koena Tapscott for details
Exterior Features

Construction Steel FrameStuccoWood Frame Fencing None Number Of Docks 0 Parking Parking in Common Roofing Rolled/Hot Mop Unit Level 0-21

Interior Features

Cooling 2+ UnitsCentral AirElectricRoof Mount Unit(S) Flooring Finished Concrete

Property Features

Additional Acreage No Annual Gross Income 5000000.00 Approx Lot Dimensions 72X108x77x141 Commercial Type Limited Commercial Distance Mi To Airport 5.00 Distance Mi To Highway 0.50 Distance Mi To I40 20.00 Distance Mi To Rail 0.00 Features Commercial DishwasherCommercial FridgeCommercial RangeDelivery Door(S)DumpsterExhaust Fan(S)Exterior LightsFire AlarmFreezerHandicap ModifiedHigh Speed InternetInside StoragePublic RestroomsReception AreaRefrigerationRefrigeratorSecurity LightingSecurity SystemSign-RoofSmoke Detector(S)Sprinkler System Flood Plain No Front Exposure West Heating 2+ UnitsCentralRoof Mount Unit(S) Hoa YN No Industrial Park YN No Less Than1 Acre Yes Multi Tenant Building No Rail Service No Road Frontage Feet 72 Sewer City Site Description Alley AccessPaved RoadSidewalkStand Alone Building Tax Year 2021 Taxes 11019.00 Terms Cash Total Number Of Units 1 Use Type Restaurant/Bar Water City Zoning L-C-1 Limited Commercial

Listing information © 2022 Lake Havasu Association of REALTORS®.
Listing provided by Desert Land Group of Keller Williams Arizona Living Realty: (928) 453-6111.

Lake Havasu Association of REALTORS®.

© 2022 Lake Havasu Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lake Havasu City Properties. Data last updated: 2022-09-29T19:39:44.31.
 
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Lake Havasu City Properties
1690 North McCulloch Blvd.
Lake Havasu City AZ, 86403