249 S OLD HIGHWAY 188 --, Tonto Basin, AZ 85553
249 S OLD HIGHWAY 188 --, Tonto Basin, AZ 85553
249 S OLD HIGHWAY 188 --, Tonto Basin, AZ 85553
249 S OLD HIGHWAY 188 --, Tonto Basin, AZ 85553
249 S OLD HIGHWAY 188 --, Tonto Basin, AZ 85553
249 S OLD HIGHWAY 188 --, Tonto Basin, AZ 85553
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$ 795,000
Est. payment | /mo

0.75 Acres Lot


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$ 795,000
Est. payment | /mo
Save

0.75 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6916693

Year Built 1986

Annual Tax Amount $4,486

Tax Year 2024

Lot Size 0.750 Acres

Acres 0.75

Source Arizona Regional Multiple Listing Service (ARMLS)

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.

Location

State AZ

County Gila

Area Gila

Zoning Mixed Use Com

Interior

Heating Propane

Cooling Central Air, Office Evap

Flooring Other

Exterior

Parking Features Private

Fence None

Roof Type Composition

Private Pool No

Building

Dwelling Type Commercial

Sewer Septic Tank

Water Private, Community Franchise

New Construction No

Others

Senior Community No

Tax ID 201-07-004-D

Disclosures None

Arizona Regional MLS (ARMLS)
Listed by Realty ONE Group • Geoffrey Adams

Nearby Locations

GET MORE INFORMATION

Sanjog Gopal
Sanjog Gopal

Partner | Lic# BR574137000

+1(602) 770-6574

2077 E Warner Road # 110, Tempe, AZ, 85284

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249 S OLD HIGHWAY 188 --