7000 RIVERSIDE Drive, Parker, AZ 85344

$6,679,900
Property Type: Comm/Industry Sale Square Footage: 2,374 Lot Size (sq. ft.): 10,432 Status: Closed
Current Price: $6,679,900 List Date: 6/15/2022 Last Modified: 4/14/2025

Description

A once-in-a-lifetime opportunity to own a legendary, deeded, fee-simple commercial property on the Parker Strip! A local and tourist favorite! This riverfront, RV/Manufactured home park, & famous floating dock bar & grill can be yours! This 37-space park is on nearly 3 acres and has 217' of water frontage! There are 5 riverfront spaces, over 100' of beach, palapas, docks, & plenty of boat parking. Roadrunner floating dock bar & restaurant have always been a favorite stop on the Parker Strip! It does a tremendous volume, has a class 6 liquor license. The kitchen was recently moved off the dock in a $130,000 remodel. The bar/restaurant is leased & there is a possible opportunity to keep that in place. Continue on without changing anything & the current business pay for itself.

More Information MLS# 6417549

Contract Info

Ownership: Fee Simple Current Price: $6,679,900 Sold Price: $6,679,900 Status: Closed List Date: 2022-06-10

Location, Tax & Legal

Assessor's Map #: 36 Legal Description (Abbrev): SECTION: 1 TOWNSHIP: 10N RANGE: 19W ***SEE RECORDED DOCUMENTS FOR COMPLETE LEGAL DESCRIPTION*** PTN Assessor's Parcel #: 5 Assessor Parcel Ltr: A Add'l Parcels: Yes Tax Municipality: La Paz - COUNTY Census Tract: 2021 Taxes: 4047 Legal: SECTION: 1 TOWNSHIP: 10N RANGE: 19W ***SEE RECORDED DOCUMENTS FOR COMPLETE LEGAL DESCRIPTION*** PTN Marketing Name: Road Runner Map Code/Grid: C80 House Number: 7000 Street Name: RIVERSIDE St Suffix: Drive City/Town Code: Parker State/Province: AZ Zip Code: 85344 Zip4: 8653 County Code: La Paz Subdivision: Parker Strip Assessor Number: 311-36-005-A Tax Year: 2021

General Property Description

Type of Property: Restaurant Bar / Mobile Park Ttl Apx SqFt Bldg: 2374 # of Buildings: 1 Uncvrd Parking Spcs: 3150 Lot Size Dimensions: 124,561 Year Built: 1991 Zoning: K-C-2Comm

Legal Info

Range: 19W Section: 01 Township: 10N Lot Number: 2

Construction

Block: 1

Roofing

Composition: 1 Rolled: 1

Floors

Concrete: 1

Income & Expenses

Annual Elec Exp: 2200 Annual Ins Exp: 22000 Annual Trash Exp: 2900 Annual Wtr/Swr Exp: 30000 Owner Association: No Annual Ownr Asoc Fee: 0 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 398000

Building Type

Other (See Remarks): 1

Business Type

Food Service: 1 Bar/Tavern/Lounge: 1

Stories

1 Story: 1

Pmt & Rate Info

Equity: 6679900 Total Owed: 0

Showing Notification Methods

Text: 1 Email: 1 Phone Call: 1

Ceiling Height

8.1 Feet to 10 Feet: 1

Heating

Electric: 1

Cooling

See Remarks: 1

Loading Facilities

None: 1

Exterior

Pole Sign: 1

Source of Fincl Data

Books Shown: 1

Fencing

Chain Link: 1

Water Source

City Franchise: 1 See Remarks: 1

Sewer

Sewer - Public: 1

Parking Features

Private: 1

Electric

APS: 1

Gas

Other (See Remarks): 1

New Financing

Cash Only: 1 Owner May Carry: 1 1031 Exchange: 1 Lease Option: 1

Reports/Disclosures

Other (See Remarks): 1

Environmental

None: 1

Sold Info

Loan Type: Cash Payment Type: Other Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: HWY95 & Riverside Dr. Directions: Hwy 95, turn right down Emerald Canyon Golf Course to Riverside Dr. turn right, Road Runner on the left. Geo Lat: 34.231286 Geo Lon: -114.187794

Status Change Info

Off Market Date: 2022-10-24 Under Contract Date: 2022-08-11 Close of Escrow Date: 2022-11-30 Sold Price: $6,679,900

Income Expenses

Gross Annual Sch Inc: 398000

Property Features

Building Type: Other (See Remarks) Business Type: Food Service; Bar/Tavern/Lounge Stories: 1 Story Construction: Block Roofing: Composition; Rolled Floors: Concrete Ceiling Height: 8.1 Feet to 10 Feet Cooling: See Remarks Loading Facilities: None Exterior: Pole Sign Fencing: Chain Link Parking Features: Private Electric: APS Gas: Other (See Remarks) Water Source: City Franchise; See Remarks Sewer: Sewer - Public New Financing: Cash Only; Owner May Carry; 1031 Exchange; Lease Option Showing Notification Methods: Text; Email; Phone Call Source of Fincl Data: Books Shown Environmental: None
Listing Office: Selman & Associates
IDX
Last Updated: April - 14 - 2025
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