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249 S Old Highway 188, Tonto Basin, AZ 85553

$850,000
  • 249 S Old Highway 188, Tonto Basin, AZ 85553 Main Photo

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Active
SQUARE FEET2,000 MLS#6916693
STATUSActive PROPERTY TYPECommercial - Business

Property Description

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 Arizonas 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.

249 S Old Highway 188 | MLS# 6916693

This commercial property located at 249 S Old Highway 188, Tonto Basin, AZ 85553 is currently listed for sale with an asking price of $850,000. Search Tonto Basin real estate on lshevy.arizonabest.com today.

Property Features

Property Type: Commercial - Business
Cooling: Office Evap
Heating: Propane
Lot Size: 0.75 Acres
Roof Type: Composition
Taxes: $4,486
Year Built: 1986

Feature Descriptions

Days on Site: 220
Exterior: Block, Wood Frame, Stucco
Flooring: Other
Parking: Private
Water: Private, Community Franchise

Listed By / Shown By

Listed By

Agency Name: Realty ONE Group
Agency Phone: 480-321-8100

Shown By

Agent Name: Lisa Shevy
Agent Phone: (480) 309-4259
Agency Title: Arizona Best Real Estate

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