8421 RAINBOW Drive, Show Low, AZ 85901

$275,000
Property Type: Business Opportunity Square Footage: 1,404 Lot Size (sq. ft.): 19,826 Status: Closed
Current Price: $275,000 Last Modified: 4/06/2026

Description

PRICE REDUCED - ANXIOUS TO SELL! Great opportunity to own and operate the only restaurant in the area. Sandi's has a superb reputation for amazing pizza, burgers and more. White Mtn Lake is home to many golfers, fishermen, summer residents, and year round residents. Huge outdoor patio, bar and stage for seasonal concerts and special events. They've put their heart and soul into building this little paradise hideaway and have an amazing following from all over the mountain. Turn key - ready for you to just step in and make your own! Owners will train to make ownership a smooth transition. Currently operating a #12 liquor license at location. Building, land, business, inventory, training, all included.

More Information MLS# 6463719

General Property Description

Ttl Apx SqFt Bldg: 1404 Uncvrd Parking Spcs: 35 Flood Zone: No

Construction

Wood Frame: 1

Income & Expenses

Annual Gross Sales: 0 Owners Draw Included: No Annual Owners Salary: 0 Annual Mngr Salary: 0 Anl Int (Non-RelEst): 0 Annual Depreciation: 0 Annual Fringes: 0 Adjusted Net Income: 0 Apx Value of Cash: 0

Business Type

Food & Beverage: 1

Pmt & Rate Info

Equity: 280000 Down Payment %: 325000 Total Owed: 0

Showing Notification Methods

Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Type of Lease

None: 1

Form of Ownership

Limited Liability Co: 1

Sale Price Includes

Goodwill: 1 Equipment: 1 Inventory: 1 Real Estate: 1 Cvnt not to Compete: 1

Lease Information

None: 1

Hours of Operation

6 Days/Week: 1

Business Age

10+ Years: 1

Heating

Propane: 1 Electric: 1 2 or More Units: 1 Other: 1

Current Ownership

3 - 5 Years: 1

Cooling

Ceiling Fan(s): 1 Evaporative Cooling: 1

Business Location

Corner Lot: 1 Fixed Location: 1 Free Standing Bldg: 1

Training

2 Weeks: 1 Other - See Remarks: 1

Expenses Include

See Remarks: 1

Business/Tenant Pays

Gas: 1 Electricity: 1 Exterior Repair: 1 Water: 1 Trash: 1 Capital Improvements: 1 Common Area Maint: 1 Fire Ins - Building: 1 Janitorial: 1 Liability Insurance: 1 Parking Area Maint: 1 Property Taxes: 1

Road Surface Type

Asphalt: 1 Gravel: 1

Exterior

Corner Lot: 1 Landscaping: 1 Building Sign: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1 Individual Meter: 1

Sewer

Septic Tank: 1 Septic-In & Connected: 1

NC-Covenant Dist

10 - 25 Miles: 1

Parking Features

Free: 1 Private: 1

Electric

APS: 1

NC-Covenant Time Per

3 - 5 Years: 1

Gas

Propane Bottled: 1

New Financing

Cash: 1 Conventional: 1 Seller Approve Terms: 1 Owner May Carry: 1

Current Financing 1

Treat as Free & Clr: 1

Current Financing 2

Treat as Free & Clr: 1

Current Financing 3

Treat as Free & Clr: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Sold Info

Loan Type: SBA Closing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Contract Info

Current Price: $275,000 Sold Price: $275,000 Status: Closed List Date: 2022-09-10

Location

Map Code/Grid: C72 House Number: 8421 Street Name: RAINBOW St Suffix: Drive City/Town Code: Show Low State/Province: AZ Zip Code: 85901 Zip4: 7021 County Code: Navajo Subdivision: WHITE MOUNTAIN LAKE ESTATES Assessor Number: 304-19-288

Remarks Misc

Cross Street: Silver Lake Blvd & Rainbow Dr Directions: Hwy 77 to White Mountain Lake Rd, R on Silver Creek Dr, L on Silver Lake Blvd, on left or Left on Rainbow Dr, 2 entrances Geo Lat: 34.352329 Geo Lon: -109.987996

Status Change Info

Off Market Date: 2024-08-15 Under Contract Date: 2024-03-09 Close of Escrow Date: 2024-09-17 Sold Price: $275,000

Property Features

Business Type: Food & Beverage Form of Ownership: Limited Liability Co Sale Price Includes: Goodwill; Equipment; Inventory; Real Estate; Cvnt not to Compete Lease Information: None Hours of Operation: 6 Days/Week Type of Lease: None Business Age: 10+ Years Current Ownership: 3 - 5 Years Business Location: Corner Lot; Fixed Location; Free Standing Bldg Training: 2 Weeks; Other - See Remarks Expenses Include: See Remarks Source of Fincl Data: Owner NC-Covenant Dist: 10 - 25 Miles NC-Covenant Time Per: 3 - 5 Years Construction: Wood Frame Exterior: Corner Lot; Landscaping; Building Sign Parking Features: Free; Private Electric: APS Gas: Propane Bottled Water Source: City Franchise; Individual Meter Sewer: Septic Tank; Septic-In & Connected Heating: Propane; 2 or More Units; Other Cooling: Ceiling Fan(s); Evaporative Cooling Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Road Surface Type: Gravel; Asphalt Current Financing 1: Treat as Free & Clr Current Financing 2: Treat as Free & Clr Current Financing 3: Treat as Free & Clr New Financing: Cash; Conventional; Seller Approve Terms; Owner May Carry Environmental: None
Listing Office: Advantage Realty Professionals
IDX
Last Updated: April - 06 - 2026
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