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

Last Updated: April - 14 - 2025