775 W Main Street

    Quartzsite, AZ 85359
    • $750,000
    • STATUS: Active
    • ON SITE: 78 days
    • MLS #: 5973051
    UPDATED: 44 min ago
    $750,000
    • 0
      BEDS
    • 0.74
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,000
      SQFT
    • $94
      $/SQFT
    Type:
    Commercial
    Built:
    1986
    County:
    Area:

    School Ratings & Info

    Description

    $800K in 2018 Gross Sales. $81,267 in REPORTED NOI after all Expenses Paid Includ Sales Taxes. 10.84 CAP. In Business at the Same Location Since 1986 or 33 Years! 50% of Revenue is from Liquor. 25% from Hardware and the Remaining 25% from Groceries. The Class 9 Liquor License for $130,000 does NOT Convey with the Sale or the $750,000.00. It Must be Applied & Paid For Separately. Inventory may be Purchased via a Separate Bill of Sale at the Close of Escrow. Seller may Carry with 50% Down. The Sale Includes the Vacant Mobile Home Located on the Southeast Side of the Property. Growth Revenue Areas Include Hardware/Building Supplies & a Butcher for Fresh Meat. The Fenced In Lumber Area is New & Cost in Excess of $50K for the Concrete Pad & Fencing

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Kenny Klaus Team | Keller Williams Integrity First. Data last updated 2019-11-20T12:11:24.13.
    www.klausteam.com/homes/98577043

    775 W Main Street Quartzsite, AZ 85359

    • Price: $750,000
    • Status: Active
    • Updated: 44 min ago
    • MLS #: 5973051
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.74
    Acres
    8,000
    SQFT
    $94
    $/SQFT
    1986
    Built
    County:
    La Paz
    Area:
    Quartzsite
    Property Description
    $800K in 2018 Gross Sales. $81,267 in REPORTED NOI after all Expenses Paid Includ Sales Taxes. 10.84 CAP. In Business at the Same Location Since 1986 or 33 Years! 50% of Revenue is from Liquor. 25% from Hardware and the Remaining 25% from Groceries. The Class 9 Liquor License for $130,000 does NOT Convey with the Sale or the $750,000.00. It Must be Applied & Paid For Separately. Inventory may be Purchased via a Separate Bill of Sale at the Close of Escrow. Seller may Carry with 50% Down. The Sale Includes the Vacant Mobile Home Located on the Southeast Side of the Property. Growth Revenue Areas Include Hardware/Building Supplies & a Butcher for Fresh Meat. The Fenced In Lumber Area is New & Cost in Excess of $50K for the Concrete Pad & Fencing
    Exterior Features

    Construction Wood/Frame Covered Parking Spaces 0.00 Exterior Features Building Sign Fencing Chain LinkPartial Freeway Highway Up To 1 Mile Parking FreePublic Parking Railroad Railroad 1 - 5 Miles Roads Dirt/Gravel Roofing Built-Up Stories 1 Story Total Parking Spaces 100.00 Uncovered Parking Spaces 100.00

    Interior Features

    Ceiling Height 12.1 Feet To 14 Feet Cooling Central A/CChiller System Flooring Concrete Heating Electric Interior Features Finished

    Property Features

    Adjusted Gross Inc 800466.00 Annual Elec Exp 18653.00 Annual Gas Exp 0.00 Annual Ins Exp 13452.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 800.00 Annual Maint Exp 7282.00 Annual Mgmt Exp 21840.00 Annual Other Expense 646261.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 1019.00 Annual Wtr Swr Exp 1000.00 Building Type Commercial Cross Street Interstate 10 & Exit 17 Current Use MixedPackge Store(Liquor)RetailOther (See Remarks) Electric Aps2203 Phase Power Gas None Gross Annual Sch Inc 800466.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Grade LevelDrive-In Door(S) Lot Number 0 Net Operating Income 81267.00 Operating Exp 716541.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 6234.00 Traffic Count Up To 5000 Vacancy Allowance 0.00 Water City FranchiseDomestic Well Zoning Commercial

    Listing courtesy of Valley Of The Sun Real Estate.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Kenny Klaus Team | Keller Williams Integrity First. Data last updated 2019-11-20T12:11:24.13.
     
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