249 S OLD HIGHWAY 188, Tonto Basin, AZ 85553

New Listing
$550,000
Property Type: Comm/Industry Sale Square Footage: 5,668 Lot Size (sq. ft.): 44,218 Status: Active
Current Price: $550,000 List Date: 3/20/2026 Last Modified: 3/24/2026

Overview

Description

Pumpkin Center Lodge - Tonto Basin's only lodging property. Exceptional investment opportunity with 10.96% cap rate on $60,256.64 NOI. Property sits on over 1 acre directly adjacent to the historic Pumpkin Center Bar (100+ year community landmark, also for sale by same owners). 13 total units in 2 buildings: single-story building with 5 units at approximately 335 sq ft each, and larger building with 8 efficiency suites at approximately 505 sq ft each featuring kitchenettes and refrigerators. All units have brand new air conditioning. On-site property manager included. Strong upside potential - property has never been marketed on Airbnb or VRBO. Opportunity to significantly increase short-term rental income or convert units to long-term leases. Beloved by local anglers and outdoor

Supplements: enthusiasts. Ample parking for cars, boats, and RVs. Back patio with barbecues. Turnkey operation in prime Tonto Basin location near Roosevelt Lake with year-round demand and no competing lodging nearby.

Listing Details MLS# 7001845

Location, Tax & Legal

House Number
249
Compass
S
Street Name
OLD HIGHWAY 188
St Suffix
--
City/Town Code
Tonto Basin
State/Province
AZ
Zip Code
85553
Zip4
1725
County Code
Gila
Assessor Number
201-07-004-D
Tax Year
2025
Assessor's Map #
7
Legal Description (Abbrev)
SECTION: 10 TOWNSHIP: 06N RANGE: 10E COM AT SE COR SEC 10, TH N ALG E LINE 1070.85'; TH S89D40'W 83.
Assessor's Parcel #
4
Assessor Parcel Ltr
D
Add'l Parcels
Yes
Tax Municipality
Gila - COUNTY
Census Tract
700
Taxes
4470
Legal
SECTION: 10 TOWNSHIP: 06N RANGE: 10E COM AT SE COR SEC 10, TH N ALG E LINE 1070.85'; TH S89D40'W 83.

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
5668
# of Buildings
3
Year Built
1986
Uncvrd Parking Spcs
70
Zoning
Mixed Use Com

Legal Info

Township
06N
Range
10E
Section
10
Lot Number
5

Income Expenses

Gross Annual Sch Inc
677000
Net Operating Income
200000

More Information

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Phone Call
Yes

Contact Info

List Agent Home Phn
602-633-5599

Currently Not Used

Sold Price Per SqFt
97.04

Construction

Block
Yes
Stucco
Yes
Wood Frame
Yes

Roofing

Composition
Yes

Floors

Other
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
4470
Other Income
0
Vacancy Allowance
0.3
Adjusted Gross Inc
473900

Building Type

Commercial
Yes

Business Type

Restaurant
Yes
Bar/Tavern/Lounge
Yes
Other
Yes

Pmt & Rate Info

Cap Rate
36.36
Equity
550000
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

10.1 Feet to 12 Feet
Yes
14.1 Feet to 16 Feet
Yes

Heating

Propane
Yes

Cooling

Central Air
Yes
Office Evap
Yes

Interior Features

Finished
Yes

Loading Facilities

None
Yes

Exterior

Monument Sign
Yes

Source of Fincl Data

Owner
Yes

Traffic Count

Unknown
Yes

Fencing

None
Yes

Water Source

Private
Yes
Community Franchise
Yes

Freeway/Highway

Frontage
Yes

Sewer

Septic Tank
Yes

Parking Features

Private
Yes

Electric

APS
Yes

Gas

Propane Bottled
Yes

New Financing

Cash Only
Yes
1031 Exchange
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Use Restrictions

Other (See Remarks)
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Building Type: Commercial Business Type: Restaurant; Bar/Tavern/Lounge; Other Construction: Block; Stucco; Wood Frame Roofing: Composition Floors: Other Ceiling Height: 10.1 Feet to 12 Feet; 14.1 Feet to 16 Feet Heating: Propane Cooling: Central Air; Office Evap Loading Facilities: None Interior Features: Finished Exterior: Monument Sign Fencing: None Parking Features: Private Electric: APS Gas: Propane Bottled Water Source: Private; Community Franchise Sewer: Septic Tank New Financing: Cash Only; 1031 Exchange Showing Notification Methods: Text; Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 2nd Loan: Treat as Free&Clear Existing 3rd Loan: Treat as Free&Clear Traffic Count: Unknown Use Restrictions: Other (See Remarks) Environmental: None
Listing Office: Realty ONE Group
IDX
Last Updated: March - 24 - 2026
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