$125,000
Stanfield, AZ 85172
MLS# 5268764
Status: Closed

1 / 55
Property Description
Reduced to sell! LaVeigh's Lounge! Bar in Stanfield Arizona. Highway 84 frontage. Series 6 Liquor License and inventory comes with sale. There is another building/room that is next to the bar that can be used as office, etc. Buyer and Buyers agent to verify all facts and figures.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $125,000
Sold Price: $125,000
Status: Closed
List Date: 2015-04-21
Location, Tax & Legal
Assessor's Map #: 16
Legal Description (Abbrev): STANFIELD: LOT 137 X
Assessor's Parcel #: 120
Add'l Parcels: No
Tax Municipality: Pinal - COUNTY
Census Tract: 941400
Taxes: 2731.1
Legal: STANFIELD: LOT 137 X
Marketing Name: LaVeigh's Lounge
Map Code/Grid: X37
House Number: 36796
Compass: W
Street Name: HIGHWAY 84
St Suffix: Highway
City/Town Code: Stanfield
State/Province: AZ
Zip Code: 85172
County Code: Pinal
Assessor Number: 503-16-120
Tax Year: 2014
General Property Description
Type of Property: Bar
Ttl Apx SqFt Bldg: 3863
# of Buildings: 1
Uncvrd Parking Spcs: 20
Year Built: 1971
Zoning: CB-2
Legal Info
Range: 04E
Section: 20
Township: 06S
Lot Number: 137
Construction
Block: 1
Roofing
Built-Up: 1
Floors
Concrete: 1
Income & Expenses
Annual Elec Exp: 1
Annual Gas Exp: 1
Annual Ins Exp: 1
Annual Land Lse Exp: 1
Annual Landscape Exp: 1
Annual Legal & Acctg: 1
Annual Maint Exp: 1
Annual Mgmt Exp: 0
Annual Trash Exp: 1
Annual Wtr/Swr Exp: 1
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 7800
Operating Exp: 10540.1
Other Income: 144000
Vacancy Allowance: 0
Adjusted Gross Inc: 144000
Building Type
Commercial: 1
Other (See Remarks): 1
Business Type
Packge Store(Liquor): 1
Bar/Tavern/Lounge: 1
Other: 1
See Remarks: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 90.8
Down Payment: 100000
Equity: 150000
1st Encumbrance: 0
1st Interest Rate: 0
1st Payment: 0
1st Payment Freq: Monthly
2nd Encumbrance: 0
2nd Payment: 0
3rd Encumbrance: 0
3rd Payment: 0
Total Owed: 0
Avg Rent P/SqFt: 0
Assessment Balance: 0
Ceiling Height
10.1 Feet to 12 Feet: 1
Heating
Natural Gas: 1
Cooling
Central Air: 1
Other: 1
See Remarks: 1
Interior Features
Finished: 1
Phone System: 1
Public Restrooms: 1
Loading Facilities
None: 1
Road Surface Type
Asphalt: 1
Exterior
Building Sign: 1
Source of Fincl Data
Owner: 1
Fencing
None: 1
Water Source
City Franchise: 1
Freeway/Highway
Frontage: 1
Sewer
Septic Tank: 1
Septic-In & Connected: 1
Parking Features
Free: 1
Parking Lot: 1
Electric
Other (See Remarks): 1
Gas
SW Gas: 1
New Financing
Cash Only: 1
Owner May Carry: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Cash
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Stanfield Road & Highway 84
Directions: North side of Highway 84 just East of Stanfield Road.
Geo Lat: 32.8798
Geo Lon: -111.962854
Status Change Info
Off Market Date: 2016-04-19
Under Contract Date: 2016-04-19
Close of Escrow Date: 2016-05-09
Sold Price: $125,000
Income Expenses
Net Operating Income: 136200
Property Features
Building Type: Commercial; Other (See Remarks)
Business Type: Packge Store(Liquor); Bar/Tavern/Lounge; Other; See Remarks
Stories: 1 Story
Construction: Block
Roofing: Built-Up
Floors: Concrete
Ceiling Height: 10.1 Feet to 12 Feet
Heating: Natural Gas
Cooling: Central Air; Other; See Remarks
Loading Facilities: None
Interior Features: Finished; Phone System; Public Restrooms
Exterior: Building Sign
Fencing: None
Parking Features: Free; Parking Lot
Electric: Other (See Remarks)
Gas: SW Gas
Water Source: City Franchise
Sewer: Septic Tank; Septic-In & Connected
New Financing: Cash Only; Owner May Carry
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Road Surface Type: Asphalt
Environmental: None
Listing Office: Keller Williams Realty Sonoran Living
Last Updated: April - 22 - 2026
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