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1515 N Lake Havasu Ave 9,511 SF 100% Leased Retail Building Lake Havasu City, AZ 86404 $1,920,000 ($201.87/SF)



INVESTMENT HIGHLIGHTS
- Easy Access to the HWY 95, 4 Units with Separate Meters, Could be Converted to 1 large Location, 3000 SQFT Garage + Parking Lot
EXECUTIVE SUMMARY
Investment Opportunity! Buy or Lease 4 Units + 3000 SQFT Garage, Flat Private Parking Lot, Garage is 60' Wide x 50' Deep, 7'x16' Door, So Much Potential With This Building, Multiple Office Spaces,5 Bathrooms, 2 Kitchenettes, Reception Area, Each Unit Has Small & Large Offices, Rent Out Each Unit Or Convert to 1 Large Commercial Space, Each Unit Has its Own Meter, 1 Block off of HWY 95 @ Palo Verde North, Previously set up as a Daycare, could easily be converted into a Salon, Medical Spa, Pre-School, After School Rec Center, 5 Independent Retail Shops, Remodel into a Great Bar Restaurant! Bring Your Imagination! Owner carry optional. This Building Can be Leased instead of Buying at $9k Per Month, Triple Net Lease Terms
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Building Size
9,511 SF
Building Class
B
Year Built
2005
Price
$1,920,000
Price Per SF
$201.87
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.43 AC
Zoning
C-1, Lake Havasu City - Limited Commercial
Parking
28 Spaces (2.94 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 104-35-007 | Improvements Assessment | $2,360,375 |
| Land Assessment | $256,437 | Total Assessment | $2,616,812 |
PROPERTY TAXES
Parcel Number
104-35-007
Land Assessment
$256,437
Improvements Assessment
$2,360,375
Total Assessment
$2,616,812
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1515 N Lake Havasu Ave
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