2200 Mesquite Ave, Lake Havasu City, AZ 86403

Property Description

Fully renovated 3,373 SF restaurant on a signalized corner in the heart of Lake Havasu City, across from Smith's. Includes vacant lot valued at $250,000. Strong 10-year lease (8 years remaining) nets $108,000 annually -- 7% cap. Ample seating, added parking, and a forever lake view. MU-UMS zoning allows up to 60' -- one of the only districts in the city with that height entitlement for future development.