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42 S Smoketree Ave

Lake Havasu City, AZ 86403
  • $3,800,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 1028133
UPDATED: 60 min ago
$3,800,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,500
    SQFT
  • $844
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2009
County:
Area:

School Ratings & Info

Description

Jump into this TURNKEY Opportunity since 1983 to run a Local Favorite that makes Huge Profits! This Full-Service In-House Restaurant, Bar & Patio (Occupancy 160) offers a unique experience. Owner is retiring after 42 years of operating one of LHC's top cash flowing restaurants!! Its STAFF, SERVICE & QUALITY of food are second to none. Now that's a winning trifecta! $3.8M includes Juicy's Business ($1.9M) & Real Estate ($1.9M). Seller open to Cash/Seller Carryback/Lease for the REAL ESTATE PORTION of the sale. Located in Downtown 'Main St' area, 4,500 SF, built in 2009, on .228 acres. Parking in Common is a Huge Plus for this busy restaurant! Long customer base (appx 6,000) call it ''The Place with the Great Food!'' FF&E valued at $225K. Seller willing to remain for a training period & assume a consulting role if needed for a smooth transition. This restaurant even had phenomenal growth in spite of Covid19! Owner makes $400K in Salary/Benefits. Large Updated Kitchen services 500 - 600 customers a day! Increase your income with Catering, Food Truck, or enclose covered Patio for a larger Bar. Zoned MU-UMS (Mixed Use-Uptown McCulloch Main St). DO NOT DISTURB EMPLOYEES OR CUSTOMERS.

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Lake Havasu Association of REALTORS®.

© 2023 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 The Vicki Runyon Group | Keller Williams Arizona Living Realty. Data last updated: 2023-12-08T20:40:35.65.
www.searchhomesinhavasu.com/homes/145206657
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42 S Smoketree Ave Lake Havasu City, AZ 86403

  • Price: $3,800,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 60 min ago
  • MLS #: 1028133
0
Beds
0
Baths
0
½ Baths
0.23
Acres
4,500
SQFT
$844
$/SQFT
2009
Built
Neighborhood:
Lake Havasu City
County:
Mohave
Area:
Lhc-Central
Property Description
Jump into this TURNKEY Opportunity since 1983 to run a Local Favorite that makes Huge Profits! This Full-Service In-House Restaurant, Bar & Patio (Occupancy 160) offers a unique experience. Owner is retiring after 42 years of operating one of LHC's top cash flowing restaurants!! Its STAFF, SERVICE & QUALITY of food are second to none. Now that's a winning trifecta! $3.8M includes Juicy's Business ($1.9M) & Real Estate ($1.9M). Seller open to Cash/Seller Carryback/Lease for the REAL ESTATE PORTION of the sale. Located in Downtown 'Main St' area, 4,500 SF, built in 2009, on .228 acres. Parking in Common is a Huge Plus for this busy restaurant! Long customer base (appx 6,000) call it ''The Place with the Great Food!'' FF&E valued at $225K. Seller willing to remain for a training period & assume a consulting role if needed for a smooth transition. This restaurant even had phenomenal growth in spite of Covid19! Owner makes $400K in Salary/Benefits. Large Updated Kitchen services 500 - 600 customers a day! Increase your income with Catering, Food Truck, or enclose covered Patio for a larger Bar. Zoned MU-UMS (Mixed Use-Uptown McCulloch Main St). DO NOT DISTURB EMPLOYEES OR CUSTOMERS.
Exterior Features

Attached Garage YN No Construction Materials Steel FrameWood FrameStucco Construction Wood Frame YN Yes Fencing None Garage Spaces 0 Parking Features Parking in Common Roof Rolled/Hot Mop

Interior Features

Cooling Roof Mount Unit(s)Multi UnitsCentral AirElectric Cooling YN Yes Flooring Concrete Heating 2+ UnitsRoof Mount Unit(s)Central Heating YN Yes

Property Features

Association YN No City Sewer YN Yes Flood Plain No Green Information Solar None Handicap Modified YN Yes HOA No Land Lease YN No Listing Terms 1031 ExchangeCashConventionalLease OptionOwner Will Carry Property Sub Type Limited Commercial Security Features Security LightingSecurity System Sewer City Tax Annual Amount 10505 Tax Year 2023 Water Source City Water Source City YN Yes

Listing information © 2023 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®.

© 2023 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 The Vicki Runyon Group | Keller Williams Arizona Living Realty. Data last updated: 2023-12-08T20:40:35.65.
 
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The Vicki Runyon Group | Keller Williams Arizona Living Realty
135 Park Ave.
Lake Havasu City AZ, 86403