1701 White Mtn Blvd Pinetop-Lakeside, AZ 85935

This exceptional investment opportunity encompasses the renowned Charlie Clark's Steakhouse, established in 1938 and one of Arizona's oldest restaurants. The sale includes the 15,000 sq ft restaurant with seven dining areas, a bar, private meeting rooms, and offices, capable of seating 300 guests. Also included is "The Orchard," a premier outdoor entertainment venue operating seasonally from Memorial Day to Labor Day. A separate 3,800 sq ft retail space, currently leased, is situated adjacent to the restaurant, along with two electric vehicle charging stations. A multi-tenant building featuring three apartments and retail/warehouse space completes the offering. The property sits on a 4.63-acre lot, with a total net rentable area of 13,000 sq ft across three buildings, boasting 95% occupancy and a 5.24% cap rate, generating a NOI of $303,964. The property features a mix of C-1 zoned buildings constructed between 1933 and 1974, extensively renovated in 2023. The asking price is $5,800,000, with a land value of $5 per square foot. This unique offering presents a compelling blend of established business, rental income, and significant growth potential in the vibrant Pinetop-Lakeside, Arizona market. The property includes six tenants in total and five individual units.