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1200 N Jefferson Dr
Oracle, AZ 85623

$989,000 USD

Bar For Sale  •  1,890 SF

Property Details

  • Property Type Bar
  • Total Building Size 1,890 SF
  • Lot Size 0.4 AC
  • Building Class C
  • Year Built 1940
  • Tenancy Single
  • Zoning CR-4
0 Transit Score
22 Walk Score

Description

Turn-Key Tavern + Separate Income Parcel | Two Parcels | $989,000

The Ore House Hilltop Tavern offering includes two contiguous parcels forming a complete, income-producing business and real estate portfolio:

The front parcel along Old Highway 77 contains the fully built-out, operating Ore House Hilltop Tavern.

The rear parcel along N. Jefferson Drive includes a stand-alone manufactured home generating approximately $2,000/month in rental income.

The tavern is a true destination asset, featuring an authentic interior, dual brick bars, fireplace seating, multiple TVs, gaming, and expansive outdoor patios with panoramic desert and mountain views. The business is operating with an established manager and a full staff that intends to remain, providing immediate continuity and a hands-off ownership path for an investor.

This dual-parcel structure delivers diversified income, operational flexibility, and long-term optionality—whether held for yield, operated, or repositioned.

At the $989,000 offering price, the combined asset delivers true double-digit yield on hard real estate, with in-place operations and meaningful depreciation potential.

Highlights

Two-parcel offering: Tavern + separate residential parcel

Operating business with in-place operator and staff

Iconic hilltop location with indoor and outdoor service areas
Stand-alone rental home (~$24,000/year)

Strong tax-advantaged depreciation profile

Ideal for investors, 1031 buyers, or owner-operators
A rare opportunity to acquire a fully functioning hospitality business and a separate income property in one acquisition—at a basis that still produces real yield.

Property Flyers

Public Transportation

AirportDriveWalkDistance
Tucson International 75 min - 45.0 mi
Zach Nichols 520-400-2801 Realty Executives Arizona Territory
Zach Nichols 520-400-2801 Realty Executives Arizona Territory