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Corner Mixed-Use Property with Retail

54130 N Main Street Seligman, AZ 86337

54130 N Main Street, Seligman, AZ, 86337
$920,000
For Sale
$920,000

SINGLE_FAMILY - Seligman, AZ

Property Size5,849 SF
Lot Size0.60 Acres
Price / SF$157.29
Days on Market211

Property Features for 54130 N Main Street

General Information

Property type
Residential
Property subtype
Retail
Zoning
C2-1
Parking
5
Parking features
On Street
Exterior features
Handicap Access
Accessibility
Accessible Approach with Ramp
Standard status
Active
Lot size
0.60 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
J A LAMPORT ADDITION PER M&P 2/16 BLOCK 7 LOT 17 STR 36-23N-6W CO NT 0.60AC
Tax Annual Amount
3402

Utilities

Utilities
Natural Gas Available
Heating system
Heat Pump (Heating)
Cooling system
Central Air, Heat Pump
Water source
Public

Building Details

Year built
1937
Flooring type
Wood, Concrete
Building materials
Block/Brick, Frame, Stucco
Roof type
Rolled Hot Mop, Asphalt
Listing Agency United Country Real Estate/ AZ Country Real Estate
1965 Commerce Center Circle Suite C, Phoenix, AZ
Listed by Elizabeth Jones · License #SA691425000
Added: Dec 19, 2025 Checked: Jul 18 at 3:06 pm
MLS# 1078341

Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This corner commercial property on approximately 0.6 acres includes four separate buildings, creating a diversified, mixed-use setup. A 3,358-square-foot commercial building currently operates as a grocery store with deli and laundromat uses. The offering also includes a 1,331-square-foot 3-bedroom, 1-bath residential home that is currently leased, along with a 776-square-foot historic Sheriff’s House currently leased. A 384-square-foot coffee shop building is also included and currently leased.

The property is located in the heart of historic Seligman, Arizona, an established Route 66 tourism destination. The area includes a major Route 66 tour bus stop located nearby, supporting consistent pedestrian activity.

All four buildings are leased. Grocery store and laundry equipment, along with inventory, are available separately.

Key Highlights

  • 0.63‑acre commercial corner property in historic Seligman, AZ with four separate buildings
  • 3,358 SF commercial building leased as the town's grocery store, deli, and laundromat
  • Additional leased buildings: 1,331 SF 3‑bed/1‑bath home, 776 SF Sheriff's House, and 384 SF coffee shop

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $110.9k $18.96
− Vacancy −$7.2k −$1.23
EGI $103.7k $17.73
− OpEx −$25.9k −$4.43
NOI $77.8k $13.30
5,849 SF · lease $18.96/SF/yr · vacancy 6.50% · expense 25.00%

Alternative Uses

Best Use
Retail
$1.45M
$1.27M – $1.69M (±1% cap)
NOI $101,391 @ 7.0% cap · market cap 11.02%
Second Best
Specialty Retail
$1.11M
$972.1K – $1.30M (±1% cap)
NOI $77,767 @ 7.0% cap · market cap 8.45%
Theoretical Best
Warehouse
$1.96M
$1.71M – $2.29M (±1% cap)
NOI $137,158 @ 7.0% cap · market cap 14.91%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

FAQs

What type of property is this?
Grocery and convenience store - Corner property with four leased buildings, including a grocery/deli/laundromat and additional residential and food-use space.
Where is this grocery and convenience store located?
The property is located at 54130 N Main Street Seligman, AZ.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: 0.63‑acre commercial corner property in historic Seligman, AZ with four separate buildings; 3,358 SF commercial building leased as the town's grocery store, deli, and laundromat; Additional leased buildings: 1,331 SF 3‑bed/1‑bath home, 776 SF Sheriff's House, and 384 SF coffee shop
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More about this property
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