Property Listings - Residential & Land
18808 State Route 188 - $1,200,000
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Property Description/Comments
  • Beautiful building on approximately 3.28 acres is currently set up for a restaurant, though modifications for other venues, office, etc are possible. Windows in bar area open out to a 2,000 sq. ft. patio wired for 3 large screen TVs. Views of Roosevelt Lake are now visible! Current lake level is at 105%. Interior includes large bar area with booth seating, 2 restrooms with stalls, large kitchen with walk-in refrigerator, walk-in freezer, and separate dry storage room. Hood has also been installed in kitchen. Banquet room will easily accommodate large gatherings (i.e. weddings, etc.) An adjacent dining room is located next to the bar for overflow seating. Price change reflects adjusted acreage. By appointment only. Call Karon at 928-231-0162. Available with an additional 41 (approximate) acres for $2.3 million.:  
Property Features
  • Building offers 6400 sq. ft. with a 2,000 sq. ft. patio. Included in sale is a generator and water holding tank. An alternative septic system is installed. JUST REDUCED!! Beautiful building on approximately 3.28 acres is currently set up for a restaurant, though modifications for other venues, retail, storefront, light industrial, etc are possible. Windows in bar area open out to a 2,000 sq. ft. patio wired for 3 large screen TVs. Views of Roosevelt Lake are visible when lake levels are up. Lake is 100% full as of April 12, 2023. Interior includes large bar area with booth seating, 2 restrooms with stalls, large kitchen with walk-in refrigerator, walk-in freezer, and separate dry storage room. Hood has also been installed in kitchen. Banquet room will easily accommodate large gatherings (i.e. weddings, boat shows, fishing tournaments etc.) An adjacent dining room is located next to the bar for overflow seating. Seller is willing to increase amount of acreage with sale. Survey has been recently completed. By appointment only. Call Karon at 928-231-0162. Photos can be found on the Arizona Realty Ventures website. Demographics fail to take into account volume of second home ownership within the Roosevelt Lake recreation area. Ninety-eight percent of buyers pay cash for residential purchases. Globe, which is the county seat, and approximately 25 miles south, is currently seeing a surge in hiring, including Globe Regional Hospital, various departments within Gila County, and Freeport-McMoRan, an international mining, oil and gas company. Building offers 6400 sq. ft. with a 2,000 sq. ft. patio. Included in sale is a generator and water holding tank. An alternative septic system is installed. The current listing at $1.1 million includes the building and approximately 3.28 acres (see survey map). Commercial acreage includes the 3.28 acres An alternative septic system is included on this parcel. Those parcels marked TR & TD are zoned residential. A portion of these sections include a cart barn and a well house (pump was initially purchased at 80k, though condition would have to be verified) on the old golf course section of the property (to the north of the current building).  Pricing is currently at $2.30 million, which would include the currently listed property (building and 3.28 acres), and an additional 42+ acres.     Please keep in mind that all offers are open to discussion and negotiation. Seller is motivated!: