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

Overview

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.

Listing Details MLS# 6417549

Location, Tax & Legal

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
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

Contract Info

Ownership
Fee Simple

General Property Description

Type of Property
Restaurant Bar / Mobile Park
Ttl Apx SqFt Bldg
2374
# of Buildings
Yes
Lot Size Dimensions
124,561
Year Built
1991
Uncvrd Parking Spcs
3150
Zoning
K-C-2Comm

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.

Status Change Info

Off Market Date
2022-10-24
Under Contract Date
2022-08-11
Close of Escrow Date
2022-11-30

Legal Info

Township
10N
Range
19W
Section
01
Lot Number
2

More Information

Income Expenses

Gross Annual Sch Inc
398000

Sold Info

Loan Type
Cash
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Block
Yes

Roofing

Composition
Yes
Rolled
Yes

Floors

Concrete
Yes

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)
Yes

Business Type

Food Service
Yes
Bar/Tavern/Lounge
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Equity
6679900
Total Owed
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

Electric
Yes

Cooling

See Remarks
Yes

Interior Features

Private Restrooms
Yes
Public Restrooms
Yes
Other (See Remarks)
Yes

Loading Facilities

None
Yes

Exterior

Pole Sign
Yes

Source of Fincl Data

Books Shown
Yes

Fencing

Chain Link
Yes

Water Source

City Franchise
Yes
See Remarks
Yes

Building Features

Other (See Remarks)
Yes

Sewer

Sewer - Public
Yes

Parking Features

Private
Yes

Electric

APS
Yes

Gas

Other (See Remarks)
Yes

New Financing

Cash Only
Yes
Owner May Carry
Yes
1031 Exchange
Yes
Lease Option
Yes

Reports/Disclosures

Other (See Remarks)
Yes

Environmental

None
Yes

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
IDX
Last Updated: April - 14 - 2025
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