36033 S Mt Lemmon Rd - Hospitality FOR SALE


Oracle, AZ 85623
$6,500,000 USD
520-400-2801
36033 S Mt Lemmon Rd, Oracle, AZ for Sale
$6,500,000 USD
Hospitality - FOR SALE
1/16
null | Request Cap Rate

36033 S Mt Lemmon Rd
Oracle, AZ 85623


HIGHLIGHTS

  • Class 6 Liquor License
  • Approval for future expansion
  • 459 acres of high country land
  • Bar & Restaurant

OVERVIEW

3C Ranch. 459 acres total with 36 acres of commercial and the remainder is zoned GR 1. Certified Public water system is dedicated to serving 25,000 sqft of living space spread out over 6 buildings. Ranch also features a spring fed stream and water feature that drains into a 15 ft deep pond on the east end of the commercial lot. So much room for improvements. 13 key, turn-key guest ranch with full commercial kitchen, double level bar and restaurant with existing Arizona Class 6 liquor license. Ranch was purchase by local ranching family and completely restored and revitalized from 2018-2019. Was run as guest ranch hosting weddings and events from 2019 to March of 2020 (pandemic). Ranch has currently been running on a limited schedule and has continued to be improved and upgraded. Fully approved developments plan for additional 20 casitas and 18 high end RV sites are already approved by Pinal County development. No expense was spared and Larry Cobb, the respected historic preservation contractor, captained the ship. Ranch also features a 3000 ft airstrip on the south of the total 459 acres.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$260 USD /SF

# OF ROOMS

13

PRICE/ROOM

$500,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3C Ranch Headquarters & Guest Ranch

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1874

PARKING SPACES

96

LAND DETAILS

LAND ACRES

459 AC

LAND SF

19,994,040 SF

ZONING

CB-3, GR-1

APN/PARCEL ID

307-12-030D,307-12-048C,307-12-048E,307-12-049B,307-12-052C

ASK ABOUT THIS PROPERTY

Zach NicholsRealty Executives Arizona TerritoryMore Info
520-400-2801

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Zach NicholsRealty Executives Arizona TerritoryMore Info
520-400-2801

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.