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7000 RIVERSIDE Drive, Parker, AZ 85344

$6,679,900
Property Type: Comm/Industry Sale Square Footage: 2,374 Lot Size (sq. ft.): 10,432 Status: Closed
Current Price: $6,679,900 List Date: 6/15/2022 Last Modified: 3/03/2023

Description

A once-in-a-lifetime opportunity to own a legendary, deeded, fee-simple commercial property on the Parker Strip! A local and tourist favorite! This riverfront, RV/Manufactured home park, & famous floating dock bar & grill can be yours! This 37-space park is on nearly 3 acres and has 217' of water frontage! There are 5 riverfront spaces, over 100' of beach, palapas, docks, & plenty of boat parking. Roadrunner floating dock bar & restaurant have always been a favorite stop on the Parker Strip! It does a tremendous volume, has a class 6 liquor license. The kitchen was recently moved off the dock in a $130,000 remodel. The bar/restaurant is leased & there is a possible opportunity to keep that in place. Continue on without changing anything & the current business pay for itself.

More Information MLS# 6417549

Contract Info

Current Price: $6,679,900 Sold Price: $6,679,900 Status: Closed List Date: 2022-06-10 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: C80 House Number: 7000 Street Name: RIVERSIDE St Suffix: Drive City/Town Code: Parker State/Province: AZ Zip Code: 85344 Zip4: 8653 Country: USA County Code: La Paz Subdivision: Parker Strip Assessor Number: 311-36-005-A Tax Year: 2021

General Property Description

Type of Property: Restaurant Bar / Mobile Park Ttl Apx SqFt Bldg: 2374 # of Buildings: 1 Lot Size Dimensions: 124,561 Year Built: 1991 Uncvrd Parking Spcs: 3150 Zoning: K-C-2Comm

Remarks Misc

Cross Street: HWY95 & Riverside Dr. Directions: Hwy 95, turn right down Emerald Canyon Golf Course to Riverside Dr. turn right, Road Runner on the left. Geo Lat: 34.231286 Geo Lon: -114.187794

Status Change Info

Status Change Date: 2022-12-01 Off Market Date: 2022-10-24 Under Contract Date: 2022-08-11 Close of Escrow Date: 2022-11-30 Sold Price: $6,679,900

Legal Info

Township: 10N Range: 19W Section: 01 Lot Number: 2

Income Expenses

Gross Annual Sch Inc: 398000

Sold Info

Loan Type: Cash Payment Type: Other Clsing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Building Type: Other (See Remarks) Current Use: Food Service; Bar Stories: 1 Story Construction: Block Roofing: Comp Shingle; Rolled Floors: Concrete Ceiling Height: 8.1 Feet to 10 Feet Cooling: See Remarks Loading Facilities: None Interior: Private Restrooms; Public Restrooms; Other (See Remarks) Exterior: Pole Sign Fencing: Chain Link Amenities: Other (See Remarks) Parking: Private Parking Electric: APS Gas: Other (See Remarks) Water: City Franchise; See Remarks Sewer: Sewer - Public New Financing: Cash Only; Owner May Carry; 1031 Exchange; Lease Option/Purchse Showing Notification Methods: Text; Email; Phone Call Source of Fincl Data: Books Shown Environmental: None
Listing Office: Selman & Associates
Last Updated: March - 03 - 2023
7000 RIVERSIDE Drive, Parker, AZ 85344- MLS# 6417549
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