$ 895,000
-
$895,000
Price -
0
Bed - Bath
-
2,000
SqFt
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About the Listing reog02 - ga091
An extraordinary investment and lifestyle opportunity awaits with this long-standing bar in Punkin Center, Arizona. Delivering an astounding 38% CAP rate, this figure is accurate and supported by 363,000 in built-in income, making it one of the strongest cash-flowing properties available anywhere. The current owners, who have lovingly operated this establishment for over 20 years, are retiring and seeking the right buyer to carry forward the legacy. A 100-year-old liquor license and full inventory are available for purchase in addition to the property, providing the buyer with a complete turn-key opportunity. The building itself has received significant upgrades, including a dedicated propane-powered generator, multiple new air conditioning systems, and modernized commercial refrigeration units. This bar has been the soul of the local community for more than a century, welcoming generations of families, travelers, and outdoor adventurers. Positioned at the hub of Arizona's outdoor playground, this is more than a business. It is a lifestyle. Expect to see ATVs and saddled horses in the parking lot, as it is a favored gathering place for those with a spirit for the wild west. Whether serving locals, anglers from Roosevelt Lake, or visitors escaping the city for a weekend, this establishment stands as a true community cornerstone. The sellers have poured their hearts into this venue and will only pass it on to someone who can respect its history and continue to grow the community around it. Opportunities like this, where business success and cultural heritage align, are rare. This is your chance to step into a legendary community hub and carry its story forward for decades to come.
Listing Highlights for 249 S Old Highway 188 --
Status
Active
Days on Site
43
Property Type
Commercial Sale
MLS ®
6916693
Year Built
1986
Total Square Footage
2,000
Lot/Acreage
0.75
County
Gila
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air,Office Evap
- Heating: Propane
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Private,Community Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Septic Tank
- Parking Features: Private
Financial Details
- Tax Amount: $4,486
- Taxes w/Assessments: N/A
- Tax/Property ID: 201-07-004-D
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
249 S Old Highway 188 -- Tonto Basin, AZ 85553
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