2200 Mesquite Ave - Restaurant FOR SALE


Lake Havasu City, AZ 86403
$1,800,000 USD
928-855-0101
2200 Mesquite Ave, Lake Havasu City, AZ for Sale
$1,800,000 USD
Restaurant - FOR SALE
1/14
null | 7% Cap Rate

2200 Mesquite Ave
Lake Havasu City, AZ 86403


HIGHLIGHTS

  • Heavy daytime traffic
  • Signal Corner

OVERVIEW

Fully renovated ±3,373 SF restaurant on a signalized corner in the heart of Lake Havasu City, directly across from Smith’s grocery. Includes a vacant lot valued at $250,000 and an unobstructed forever lake view. Investment Highlights • Strong 10-year lease with 8 years remaining • $108,000 annual net income • 7% cap rate • Recent full renovation plus added parking lot • MU-UMS zoning — one of the few areas in the city allowing buildings up to 60 feet, creating future vertical development potential Property The building offers ample seating in a high-visibility, high-traffic location on Lake Havasu’s main commercial corridor. Renovation work and the added parking improve operations and curb appeal. The included vacant lot adds land value and expansion or pad-site optionality.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$534 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

MU-UMS

APN/PARCEL ID

108-12-039,108-12-040,108-12-041

ASK ABOUT THIS PROPERTY

Raul BallasMohave Realty Inc.More Info
928-855-0101

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Raul BallasMohave Realty Inc.More Info
928-855-0101

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.