249 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 (MLS# 7001845)

249 S OLD HIGHWAY 188, Tonto Basin, AZ 85553

$460,000

Property Type: Comm/Industry Sale Square Footage: 5,668 Lot Size (sq. ft.): 44,218 Status: Closed

Current Price: $460,000 List Date: 3/20/2026 Last Modified: 10/06/2026

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
Country: US
County Code: Gila
Assessor Number: 201-07-004-D
Tax Year: 2025

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

Status Change Info

Off Market Date: 2026-07-27
Under Contract Date: 2026-07-25
Close of Escrow Date: 2026-09-17

Legal Info

Township: 06N
Range: 10E
Section: 10
Lot Number: 5

More Information

Income Expenses

Gross Annual Sch Inc: 677000
Net Operating Income: 200000

Showing Notification Methods

Showing Service: No Showing Service Used

Contact Info

List Agent Home Phn: 602-633-5599

Sold Info

Loan Type: Other
Loan Years: 30
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $

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

Office Phone: 480-321-8100

Office Email: ron.copus@realtyonegroup.com

Last Updated: October - 06 - 2026