2122 Mcculloch BlvdLake Havasu City, AZ 86403

Property Details for 2122 Mcculloch Blvd

Year built

1983

Construction

CONCRETE

Lot size

0.29 AC

Property size (Sq ft)

2,428 SF

Property type

Bars

Property subtype

Pubs

APN

108-12-098A

APU

10812098A

Description

This thriving Lake Havasu City bar and nightclub, situated on McCulloch Blvd N, presents a unique investment opportunity. Boasting 2,429 square feet of indoor space and a substantial outdoor patio, this well-established business has been under the same ownership since 2006. The property includes a #6 liquor license, a full food menu (served 11 AM - 8 PM Sunday-Thursday, and 11 AM - 2 AM Friday-Saturday), and features an extensive array of amenities including an indoor pool table, outdoor dance floor, cooling misting system, fire pit, and multiple TVs both inside and out. The bar also benefits from a state-of-the-art Blizzard beer cooling system, Aloha POS system, ATM, vending machines, and a lottery vending machine. Security is ensured with a 40 NVR & DVR system. The property sits on a 0.29-acre lot, with almost 100 feet of Main Street frontage, providing excellent visibility and access to local events. The single-story building, constructed in 1972, is zoned L-C-1 Limited Commercial. The asking price is $6,500,000. Serious inquiries only

• CAP approach

  CAP return

  Valuation

  6%

  $956,325

  6.5%

  $882,762

  7%

  $819,707

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,225,854

  Geo Method

  $1,225,854

• Alternative Use

  Use

  Valuation

  Residential

  $744,642

  Hospitality

  $682,089

  Educational

  $567,490

  Medical

  $587,006

  Retail

  $882,762

Location Insight

City

Lake Havasu City

County

Mohave

State

Arizona

Latitude

34.4751

Longitude

-114.328

CBSA code

29420

CBSA name

LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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