$850,000
Tonto Basin, AZ 85553
MLS# 92854

1 / 50
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 Arizona's 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.
Details
Maps
Contract Information
Property Sub-Type: Business Only-No Real Estate
List Price: $850,000
Current Price: $850,000
List Date: 2025-09-08
List Type: Exclusive ARS
Foreclosure: No
Sale/Lease: Sale
Location Tax Legal
Street #: 249
Direction: S
Street Name: Old Highway 188
State: AZ
Zip Code: 85553
Area: Tonto Basin
Sub Code: Tonto Basin
County: Gila
General Property Description
Acres: 0.75
Lot Dimensions: irregular
# Parking Spaces: 70
Year Built: 1986
Land Size: 2.44
Building Size: 8166
# of Tenants: 1 - 4
Vacancy %: 50
Status Change Info
Status: Active
Currently Not Used
Total Rooms: 1
Loan Info
1st Assumable: No
Accelerate: No
Must Qualify: No
To Show
Showing Service Name: None
Roof
N/A - Other: Composition
Property Features
Location: Downtown; Highway Front
Construction: Wood Frame; Block
Exterior Features: View of Mountains
Cooling: Central; Evaporative
Heating: Propane
Utilities Available: Electricity; Propane Tank Leased; Private Well; Septic Tank Installed
Possession: At Close of Escrow
Documents on File: Balance Sheet
Management: Owner/Family
Form of Ownership: Partnership
Sale Price Includes: Business; Building; Land; Fixtures; Equipment; Inventory; Training; Personal Property; Business Trade Name
Motel Includes: Bar; Restaurant; Land
Training: Two Weeks
General Land Info: Land Fee
Occupancy: Owner Occupied
Listing Office: Realty ONE Group
Last Updated: November - 07 - 2025
All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of Central Arizona BOR and may not be the listings of the site owner.
