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Ore House Hilltop Tavern 1200 N Jefferson Dr 1,890 SF Retail Building Oracle, AZ 85623 $989,000 ($523.28/SF) 15.17% Cap Rate
EXECUTIVE SUMMARY
The Ore House Hilltop Tavern offering includes two contiguous parcels forming a complete, income-producing business and real estate portfolio:
The front parcel along Old Highway 77 contains the fully built-out, operating Ore House Hilltop Tavern.
The rear parcel along N. Jefferson Drive includes a stand-alone manufactured home generating approximately $2,000/month in rental income.
The tavern is a true destination asset, featuring an authentic interior, dual brick bars, fireplace seating, multiple TVs, gaming, and expansive outdoor patios with panoramic desert and mountain views. The business is operating with an established manager and a full staff that intends to remain, providing immediate continuity and a hands-off ownership path for an investor.
This dual-parcel structure delivers diversified income, operational flexibility, and long-term optionality—whether held for yield, operated, or repositioned.
At the $989,000 offering price, the combined asset delivers true double-digit yield on hard real estate, with in-place operations and meaningful depreciation potential.
Highlights
Two-parcel offering: Tavern + separate residential parcel
Operating business with in-place operator and staff
Iconic hilltop location with indoor and outdoor service areas
Stand-alone rental home (~$24,000/year)
Strong tax-advantaged depreciation profile
Ideal for investors, 1031 buyers, or owner-operators
A rare opportunity to acquire a fully functioning hospitality business and a separate income property in one acquisition—at a basis that still produces real yield.
PROPERTY FACTS
ABOUT 1200 N JEFFERSON DR , ORACLE, AZ 85623
Turn-Key Tavern + Separate Income Parcel | Two Parcels | $989,000 The Ore House Hilltop Tavern offering includes two contiguous parcels forming a complete, income-producing business and real estate portfolio: The front parcel along Old Highway 77 contains the fully built-out, operating Ore House Hilltop Tavern. The rear parcel along N. Jefferson Drive includes a stand-alone manufactured home generating approximately $2,000/month in rental income. The tavern is a true destination asset, featuring an authentic interior, dual brick bars, fireplace seating, multiple TVs, gaming, and expansive outdoor patios with panoramic desert and mountain views. The business is operating with an established manager and a full staff that intends to remain, providing immediate continuity and a hands-off ownership path for an investor. This dual-parcel structure delivers diversified income, operational flexibility, and long-term optionality—whether held for yield, operated, or repositioned. At the $989,000 offering price, the combined asset delivers true double-digit yield on hard real estate, with in-place operations and meaningful depreciation potential. Highlights Two-parcel offering: Tavern + separate residential parcel Operating business with in-place operator and staff Iconic hilltop location with indoor and outdoor service areas Stand-alone rental home (~$24,000/year) Strong tax-advantaged depreciation profile Ideal for investors, 1031 buyers, or owner-operators A rare opportunity to acquire a fully functioning hospitality business and a separate income property in one acquisition—at a basis that still produces real yield.
PROPERTY TAXES
| Parcel Number | 308-03-132 | Improvements Assessment | $147,688 |
| Land Assessment | $20,520 | Total Assessment | $168,208 |
PROPERTY TAXES
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Ore House Hilltop Tavern | 1200 N Jefferson Dr
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