5535 W Baseline Rd - Bar FOR SALE


Laveen, AZ 85339
$3,300,000 USD
520-360-1951
5535 W Baseline Rd, Laveen, AZ for Sale
$3,300,000 USD
Bar - FOR SALE
1/6
null | Request Cap Rate

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5535 W Baseline Rd
Laveen, AZ 85339


OVERVIEW

The Spurr Lounge presents a rare opportunity to acquire both a successful bar/lounge business and the underlying real estate in one of Laveen’s most accessible corridors at 5535 W Baseline Road. The business has demonstrated strong and consistent performance, with annual gross sales historically ranging from approximately $1,140,000 to $1,240,000. The sale includes the liquor license, all fixtures, furniture, equipment (FF&E), and existing inventory, and the business is fully staffed and owner-managed, offering a turnkey business with no interruption to operations. The lounge also features a full kitchen and serves food, providing an additional revenue stream. It is currently the only neighborhood bar in Laveen, providing meaningful competitive insulation and strong growth potential. Strategically located a couple minutes from Loop 202, the property benefits from excellent accessibility and visibility, serving both residents and commuter traffic. Additionally, the easterly adjacent parcel is also available for purchase, offering potential expansion or redevelopment opportunities. Ask for details if you are interested in developing or adding to this prime location. This offering is well-suited for an owner-user, investor, or hospitality group seeking a stabilized business with proven revenue, a full kitchen, and minimal operational burden.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$1,358 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Spurr Lounge

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,914 SF

ZONING

C-C

APN/PARCEL ID

300-02-095D

ASK ABOUT THIS PROPERTY

Derrick SinclairTerramar Properties, Inc.More Info
520-360-1951

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Derrick SinclairTerramar Properties, Inc.More Info
520-360-1951

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