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249 Old Hwy 188
Tonto Basin, AZ 85553

$795,000 USD

Restaurant For Sale  •  6,300 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,300 SF
  • Lot Size 0.75 AC
  • Building Class C
  • Year Built 1975
10 Walk Score

Description

This historic commercial property has served as a local landmark and gathering place for generations, offering a well-maintained facility with numerous recent capital improvements. The building features multiple newer HVAC systems, upgraded commercial cooler and refrigeration units, a dedicated propane-powered backup generator, and updated kitchen equipment that supports day-to-day operations. The property blends historic character with modern operational enhancements, reflecting ongoing investment in the facility's functionality and upkeep.
Located in Punkin Center, Arizona, the property occupies a recognizable position within a popular recreation corridor that attracts residents, outdoor enthusiasts, and visitors traveling to nearby Roosevelt Lake and surrounding public lands. Its longstanding presence within the community, combined with durable infrastructure improvements and established visibility, creates a unique commercial property with a distinctive identity and enduring local recognition.

Highlights

Includes a rare 100-year active liquor license conveyed with the property.
Turn-key offering includes inventory, operational infrastructure, and business goodwill.
Recent capital improvements include a new propane-powered backup generator.
Multiple new HVAC systems, upgraded cooler, and commercial refrigeration units support daily operations.
New kitchen appliances have been added to improve efficiency and service capabilities.
Popular destination for locals, Roosevelt Lake visitors, ATV enthusiasts, and horseback riders.

Amenities

  • Restaurant
  • Monument Signage
  • Air Conditioning
Geoffrey Adams 602-740-8428 Realty One Group Commercial
Geoffrey Adams 602-740-8428 Realty One Group Commercial