1265 W Main Street, Quartzsite, AZ 85346 (MLS# 6697876)

1265 W Main Street, Quartzsite, AZ 85346

$850,000
Property Type: Comm/Industry Sale Square Footage: 3,776 Lot Size (sq. ft.): 108,203 Status: Pending
Current Price: $850,000 List Date: 5/20/2025 Last Modified: 5/20/2025

Description

THIS IS AN INCREDIBLE OPPORTUNITY to own a fabulous commercial property and a well-established family restaurant with a hard-to-beat location and easy access on/off the Interstate 10 at Exit 17. It's 2 hours west of Phoenix or east of Palm Springs on I-10, and 1-1/2 hours south of Lake Havasu or north of Yuma on Highway 95. The sale will include the adjoining parcel #306-29-024 for a TOTAL OF 2.48 ACRES! The property is situated with 300' of frontage on I-10 on the south side & 297' of frontage on Main Street to the north(per ADOT Exit 17 has 24,161 traffic count for 2022). Billboard signage on I-10 side. Ideal location near Pilot, Terrible Herbst and Luvs truck stops and has a large lot for semi parking. Together the properties are supported with an abundance of electrical power, city

Supplements: water and sewer, and plenty of parking for patrons. The restaurant building is just shy of 3800 sq ft and is fully-equipped with a kitchen that includes everything necessary to start/continue your culinary journey immediately. Except for a few personal items, all FFE is included. What can be better than owning a restaurant with a loyal following, great reviews, and a stellar staff? Or is your Entreprenurial Spirit calling you to convert it into a specialty restaurant, small hotel, pet store, desert-centric business, or?? SEIZE THIS OPPORTUNITY to own an EXCEPTIONAL COMMERCIAL PROPERTY in Arizona's ATV and RV capital where every year millions come to visit, and many decide to stay!

More Information MLS# 6697876

Contract Info

Ownership: Fee Simple Current Price: $850,000 List Price: $850,000 Status: Pending List Date: 2024-04-27

Location, Tax & Legal

Assessor's Map #: 29 Legal Description (Abbrev): SECTION: 29 TOWNSHIP: 4N RANGE: 19W W 250' OF SW4 SE4 NE4 LYNG BTWN OLD HWY 60-70 & NEW INTERSTATE 1 Assessor's Parcel #: 15 Assessor Parcel Ltr: B Add'l Parcels: Yes Tax Municipality: Quartzsite Census Tract: 940300 Taxes: 6329 Legal: MULTIPLE PARCELS---SECTION: 29 TOWNSHIP: 4N RANGE: 19W W 250' OF SW4 SE4 NE4 LYNG BTWN OLD HWY 60-70 & NEW INTERSTATE 1 Marketing Name: Times 3 House Number: 1265 Compass: W Street Name: Main St Suffix: Street City/Town Code: Quartzsite State/Province: AZ Zip Code: 85346 County Code: La Paz Assessor Number: 306-29-015-B Tax Year: 2023

General Property Description

Type of Property: Retail/Restaurant Ttl Apx SqFt Bldg: 3776 # of Buildings: 1 Uncvrd Parking Spcs: 50 Lot Size Dimensions: 297 X 324 X 300 X 391 Flood Zone: Yes Year Built: 2009 Zoning: C-2

Legal Info

Range: 19W Section: 29 Cnty Rcrd Bk & Pg #: 306-29 Township: 04N Lot Number: 015b

Construction

Block: 1

Roofing

Metal: 1

Floors

Concrete: 1 Carpet: 1

Income & Expenses

Annual Elec Exp: 13005 Annual Gas Exp: 19451 Annual Ins Exp: 20869 Annual Legal & Acctg: 13692 Annual Maint Exp: 10010 Annual Trash Exp: 3600 Annual Wtr/Swr Exp: 6465 Owner Association: No Annual Ownr Asoc Fee: 0 Annual Other Expense: 222072 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 421028

Building Type

Commercial: 1

Business Type

Restaurant: 1 Food Service: 1

Stories

1 Story: 1

Pmt & Rate Info

Cap Rate: 1.17 Equity: 571000 1st Encumbrance: 279000 Total Owed: 279000

Showing Notification Methods

Showing Service: No Showing Service Used Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

10.1 Feet to 12 Feet: 1

Heating

Electric: 1 2 or More Units: 1

Cooling

Central Air: 1 Chiller System: 1

Loading Facilities

None: 1

Exterior

Pole Sign: 1 Building Sign: 1 Security Light(s): 1

Source of Fincl Data

Accountant: 1 Tax Return: 1

Traffic Count

15,001 to 25,000: 1

Fencing

Chain Link: 1 Partial: 1

Water Source

City Franchise: 1 Domestic Well: 1 See Remarks: 1

Freeway/Highway

Frontage: 1 Up to 1 Mile: 1

Sewer

Sewer - Public: 1 Sewer-In & Connected: 1

Parking Features

Free: 1 Parking Lot: 1 Paved: 1

Electric

APS: 1 Master Meter: 1 220 Volts: 1 Over 220 Amp: 1

Gas

Propane Bottled: 1

New Financing

Cash Only: 1

Existing 1st Loan

Other (See Rmks): 1

Use Restrictions

Designated Flood Pln: 1

Reports/Disclosures

Seller Prop Disc Stm: 1 Appraisal: 1

Environmental

None: 1

Remarks Misc

Cross Street: Kofa Directions: Interstate 10 West, Exit 17, north to Main St to East on Main to Property Geo Lat: 33.661218 Geo Lon: -114.238495

Status Change Info

Off Market Date: 2025-05-20 Under Contract Date: 2024-10-03

Income Expenses

Gross Annual Sch Inc: 421028 Net Operating Income: 9909

Property Features

Building Type: Commercial Business Type: Restaurant; Food Service Stories: 1 Story Construction: Block Roofing: Metal Floors: Concrete; Carpet Ceiling Height: 10.1 Feet to 12 Feet Heating: 2 or More Units Cooling: Central Air; Chiller System Loading Facilities: None Exterior: Pole Sign; Building Sign; Security Light(s) Fencing: Chain Link; Partial Parking Features: Free; Parking Lot; Paved Electric: APS; Master Meter; 220 Volts; Over 220 Amp Gas: Propane Bottled Water Source: City Franchise; Domestic Well; See Remarks Sewer: Sewer - Public; Sewer-In & Connected New Financing: Cash Only Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Accountant; Tax Return Existing 1st Loan: Other (See Rmks) Traffic Count: 15,001 to 25,000 Use Restrictions: Designated Flood Pln Environmental: None
Listing Office: LONG RIVER REALTY
IDX
Last Updated: May - 20 - 2025
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.