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Executive Summary
The Spurr Lounge presents a rare opportunity to acquire both a successful bar/lounge business and the underlying real estate in one of Laveen’s most accessible corridors at 5535 W Baseline Road.
The business has demonstrated strong and consistent performance, with annual gross sales historically ranging from approximately $1,140,000 to $1,240,000. The sale includes the liquor license, all fixtures, furniture, equipment (FF&E), and existing inventory, and the business is fully staffed and owner-managed, offering a turnkey business with no interruption to operations. The lounge also features a full kitchen and serves food, providing an additional revenue stream.
It is currently the only neighborhood bar in Laveen, providing meaningful competitive insulation and strong growth potential. Strategically located a couple minutes from Loop 202, the property benefits from excellent accessibility and visibility, serving both residents and commuter traffic.
Additionally, the easterly adjacent parcel is also available for purchase, offering potential expansion or redevelopment opportunities. Ask for details if you are interested in developing or adding to this prime location.
This offering is well-suited for an owner-user, investor, or hospitality group seeking a stabilized business with proven revenue, a full kitchen, and minimal operational burden.
The business has demonstrated strong and consistent performance, with annual gross sales historically ranging from approximately $1,140,000 to $1,240,000. The sale includes the liquor license, all fixtures, furniture, equipment (FF&E), and existing inventory, and the business is fully staffed and owner-managed, offering a turnkey business with no interruption to operations. The lounge also features a full kitchen and serves food, providing an additional revenue stream.
It is currently the only neighborhood bar in Laveen, providing meaningful competitive insulation and strong growth potential. Strategically located a couple minutes from Loop 202, the property benefits from excellent accessibility and visibility, serving both residents and commuter traffic.
Additionally, the easterly adjacent parcel is also available for purchase, offering potential expansion or redevelopment opportunities. Ask for details if you are interested in developing or adding to this prime location.
This offering is well-suited for an owner-user, investor, or hospitality group seeking a stabilized business with proven revenue, a full kitchen, and minimal operational burden.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
2,430 SF
Building Class
C
Year Built/Renovated
1982/1992
Price
$3,300,000
Price Per SF
$1,358.02
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.66 AC
Zoning
C-C
Frontage
130’ on Baseline
Nearby Major Retailers
Property Taxes
| Parcel Number | 300-02-095D | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $33,522 |
Property Taxes
Parcel Number
300-02-095D
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$33,522
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Spurr Lounge | 5535 W Baseline Rd
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