249 S Old Highway 188 --, Tonto Basin, AZ 85553

$795,000
2,000
SqFt

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List Price
$795,000
Price Per Sqft
$397
Construction
Block, Wood Frame, Stucco
Year Built
1986
Days on Market
368
Status
ACTIVE

Property Description

Own one of Tonto Basin's most recognized landmarks on SR-188 in the Roosevelt Lake corridor. The Punkin Center Bar & Restaurant has 100-plus years of history at this location, serving as a former grocery store and post office. Approximately 4,500 SF interior plus a 1,500 SF covered patio, seating for 160-plus, on about 1.17 acres. A transferable Series 6 liquor license conveys, a hard-to-replicate asset. Turnkey: business, equipment, and fixtures convey. Loyal base of locals, lake visitors, anglers, hunters, and off-road riders, with upside through extended hours, events, and marketing. Roughly two decades under current ownership, retirement-driven sale. Detailed financials available to qualified buyers under a confidentiality agreement. and modernized commercial refrigeration units. This bar has been the soul of the local community for more than a century, welcoming generations of families, travelers, and outdoor adventurers. Positioned at the hub of Arizona's outdoor playground, this is more than a business. It is a lifestyle. Expect to see ATVs and saddled horses in the parking lot, as it is a favored gathering place for those with a spirit for the wild west. Whether serving locals, anglers from Roosevelt Lake, or visitors escaping the city for a weekend, this establishment stands as a true community cornerstone. The sellers have poured their hearts into this venue and will only pass it on to someone who can respect its history and continue to grow the community around it. Opportunities like this, where business success and cultural heritage align, are rare. This is your chance to step into a legendary community hub and carry its story forward for decades to come.

Additional Information

Acres
0.75
Cooling
Office Evap
Heating
Propane
Living Area
2,000
Tax Year
2024
Taxes
$4,486

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Listing courtesy of Realty ONE Group.

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