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$795,000
Est. payment /mo
0.75 Acres Lot
Price Dropped by $5K
249 S OLD HIGHWAY 188 -- Tonto Basin, AZ 85553
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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.
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
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listed by Realty ONE Group • Geoffrey Adams
NEARBY SCHOOL & BUSINESS
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