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57560 N AZ Highway 188
Payson, AZ 85541
JAKE'S CORNER BAR and Restaurant · Multifamily Property For Sale · 2,549 SF

Property Facts

No. Units 1
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Garden
Building Class C
Lot Size 0.72 AC
Building Size 2,549 SF
No. Stories 1
Year Built 2000
Parking Ratio 1.4/1,000 SF
Zoning Commercial

Amenities

Site Amenities

  • Courtyard
  • Fenced Lot
  • Cabana
  • Community-Wide WiFi
  • Lounge

About 57560 N AZ HIGHWAY 188 , PAYSON, AZ 85541

Jake's Corner Bar is a familiar and comfortable bar and restaurant in Gila County located between Payson and Globe Arizona along the Highway 188 corridor that runs through Tonto Basin alongside of Roosevelt Lake. Originally a stage stop "Jake's Corner" has evolved into a community with its own Gas station and convenience store, and RV park and a very popular Bar and Grill.. which is known as JAKE'S CORNER BAR-- this is what is being offered for sale. Founded in 1916 the bar was originally a stage stop between Payson and Globe. After decades of successful operation it burned to the ground in 2000. Completely rebuilt to modern code, this very popular bar and restaurant is the favorite for locals and visitors alike. The bar hosts numerous special events from the Payson Rodeo crowd to many motorcycle clubs and more recently bicycle clubs who choose to meet, eat and drink at Jake's. The offering includes the improvements of 2,549 square feet with numerous additional structures situated on 0.72 acres with all furniture, fixtures and equipment (FF&E) for the bar and restaurant. The fenced back yard area hosts numerous functions, events and parties since it is equipped to accommodate live music, dancing and numerous games including corn hole and more.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 304-37-006L
  • 304-37-006Q
Land Assessment
$20,439
Improvements Assessment
$37,682
Total Assessment
$58,121
  • Listing ID: 14536952

  • Date on Market: 12/3/2018

  • Last Updated:

  • Address: 57560 N AZ Highway 188, Payson, AZ 85541

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