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
Interior Features
Private Restrooms: 1
Public Restrooms: 1
Other (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
Building Features
Other (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
Interior Features: Private Restrooms; Public Restrooms; Other (See Remarks)
Exterior: Pole Sign
Fencing: Chain Link
Building Features: Other (See Remarks)
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
Last Updated: April - 14 - 2025
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