- $1.4M Price
- 3,666 Sqft
- 1.02 Acres
249 S Old Highway 188
Rare opportunity to own a profitable hospitality portfolio in Tonto Basin, AZ—just minutes from Roosevelt Lake. This 2.44-acre offering includes: Punkin Center Lodge with 11 guest rooms (70% occupancy), a full-service restaurant and bar with a Series 6 liquor license generating $540K/year, and a 2-bed, 2-bath manufactured home with rental potential. Recent upgrades total $191K+. With $677K annual revenue and $200K NOI, this turnkey property offers an 13.3% cap rate and long-term upside from nearby infrastructure growth. Strong demand, limited competition.
Essential Information
- MLS® #6841457
- Price$1,400,000
- Bathrooms0.00
- Square Footage3,666
- Acres1.02
- Year Built1986
- TypeComm/Industry Sale
- Sub-TypeCommercial
- StatusActive
Community Information
- Address249 S Old Highway 188
- CityTonto Basin
- CountyGila
- StateAZ
- Zip Code85553
Amenities
- Parking Spaces70
- ParkingPrivate
Interior
- HeatingPropane
- CoolingCentral Air, Office Evap
Exterior
- RoofComposition
- ConstructionFrame - Wood, Stucco, Block
Additional Information
- ZoningMixed Use Com
Listing Details
- OfficeRealty ONE Group
Price Change History for 249 S Old Highway 188, Tonto Basin, AZ (MLS® #6841457)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,500,000 to $1,400,000 | ||
| Price Increased from $150,000 to $1,500,000 |
Realty ONE Group.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on April 29th, 2025 at 7:31pm MST.