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832 Gemstone Ave

5,429 SF 100% Leased Retail Building Bullhead City, AZ 86442 £1,095,430 (£202/SF) 9.64% Net Initial Yield

Investment Highlights

  • Dine in restaurant, but located in the center of the large community and easy to deliver to a wide customer base
  • Turnkey operation can be transitioned in 1 - 3 months depending on buyer's background
  • Bar area and additional unit make good opportunities for expansion and growth

Executive Summary

HUGE PRICE IMPROVEMENT!! WITH THE $100k REDUCTION, THE CAP RATE IS CLOSE TO 10%.
Unique opportunity to own a well established, cash flowing Pizzeria in the heart of a growing community. Financials are available to a qualified buyer.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,429 SF
Year Built/Renovated
1985/2019
Price
£1,095,430
Price Per SF
£202
Net Initial Yield
9.64%
NOI
£105,631
Business Value
£586,838
Percent Leased
100%
Number of Floors
1
Building FAR
0.30
Land Acres
0.42 AC
Opportunity Zone
Yes
Zoning
C2

Amenities

  • Restaurant
  • Signage
  • Storage Space
  • Air Conditioning

About 832 Gemstone Ave , Bullhead City, AZ 86442

Full-Service Pizza Restaurant for Sale - Established, Profitable, and Turnkey Opportunity This family-run pizza restaurant has been serving up delicious pizzas, wings, and salads since 1985, with this current location in operation since 2017. Known for its welcoming atmosphere and excellent food, this establishment is a staple in the community. The sale includes both the building and the business, offering a unique opportunity for new owners to step into a highly profitable operation. Key Features: • Menu: Full-service menu featuring pizza, wings, and salads. • Full Liquor License: Sit-up bar serving a variety of drinks. • Dining Area: Spacious eat-in area with a large dining room perfect for hosting group events. • Turnkey Sale: Includes all machinery, equipment, furniture, and operating systems. • Additional Income Potential: Second suite currently used as an arcade with potential for rental income or business expansion. • Profitability: Impressive 40% profit margin, currently operated by only 4 people. Ownership Flexibility: • Owner is open to carrying financing with a substantial down payment. • Business can be sold with or without the building for flexible investment options. This is an outstanding opportunity to own a well-established, profitable restaurant with strong community ties and significant growth potential! Contact us today for more information.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
214-42-025A
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£87,633
  • Listing ID: 33502526

  • Date on Market: 12/10/2024

  • Last Updated:

  • Address: 832 Gemstone Ave, Bullhead City, AZ 86442

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