AZ > Tonto Basin
Tonto Basin, AZ 85553,249 S OLD HIGHWAY 188 --
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Tonto Basin, AZ 85553,249 S OLD HIGHWAY 188 --
Tonto Basin, AZ 85553,249 S OLD HIGHWAY 188 --
Tonto Basin, AZ 85553,249 S OLD HIGHWAY 188 --
Tonto Basin, AZ 85553,249 S OLD HIGHWAY 188 --
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Russell Harris

Russell Harris

+1(602) 904-1172
$ 1,350,000
Est. payment /mo
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Price Dropped by $50K

249 S OLD HIGHWAY 188 -- Tonto Basin, AZ 85553

1.02 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6841457

Year Built 1986

Annual Tax Amount $4,486

Tax Year 2024

Lot Size 1.015 Acres

Acres 1.02

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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.

Location

State AZ

County Gila

Zoning Mixed Use Com

Interior

Heating Propane

Cooling Central Air, Office Evap

Flooring Other

Exterior

Parking Features Private

Fence None

Roof Type Composition

Building

Dwelling Type Commercial

Sewer Septic Tank

Water Private, Community Franchise

New Construction No

Others

Senior Community No

Tax ID 201-07-004-D

Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Realty ONE Group
agent

Russell Harris

Agent | License ID: SA639092000

+1(602) 904-1172

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249 S OLD HIGHWAY 188 --

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