857 White Mountain BlvdPinetop, AZ 85935

Property Details for 857 White Mountain Blvd

Year built

1969

Construction

CONCRETE

Lot size

1.56 AC

Property size (Sq ft)

17,528 SF

Zone code

MUNICIPAL

Property type

Retail properties

Property subtype

Strip malls

APN

311-29-030B

APU

31129030B

Description

This exceptional 5,003 square foot commercial property located at E 857 White Mountain Boulevard, Pinetop, AZ, presents a rare opportunity to acquire a well-established and highly successful bar and grill. Operating for over 20 years, this legendary Pinetop establishment boasts a strong reputation within the Arizona community and beyond. The spacious interior features unique, rare stone bar and table surfaces, creating a distinctive and memorable atmosphere. The venue is equipped with a state-of-the-art sound and lighting system, perfect for hosting a variety of events, from live music concerts featuring renowned artists and DJs to comedy nights. Multiple televisions cater to sports enthusiasts, while pool tables provide additional entertainment options. This turnkey operation has a proven track record of hosting large-scale events, establishing itself as a premier nightlife destination in Eastern Arizona. The property is offered at $439,900 and presents a significant investment opportunity for an entrepreneur seeking to own a thriving and iconic business. The property sits on a 0-acre lot. This is a truly unique opportunity to own a piece of Arizona's entertainment history.

• CAP approach

  CAP return

  Valuation

  6%

  $3,977,142

  6.5%

  $3,671,208

  7%

  $3,408,979

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,349,981

  Geo Method

  $7,349,981

• Alternative Use

  Use

  Valuation

  Residential

  $3,096,801

  Hospitality

  $2,836,653

  Educational

  $2,360,062

  Medical

  $2,441,228

  Retail

  $3,671,208

Location Insight

City

Pinetop

County

Navajo

State

Arizona

Latitude

34.127

Longitude

-109.945

CBSA code

43320

CBSA name

SHOW LOW, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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