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    Mixed-Use Corner Retail Investment Title is generated by Realmo AI

    54130 N Main Street, Seligman, AZ 86337

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    Claim this Listing
    For Sale
    $920,000

    SINGLE_FAMILY - Seligman, AZ

    Type:Retail
    Property size:
    5,849 SF
    Lot size:
    0.60 Acres
    Price / SF:
    $157/SF
    Added:
    Dec 19, 2025
    Days on Market:
    166
    Last Refresh:
    Jun 3 at 7:06 am

    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
    Heat Pump, Central Air
    Water source
    Public

    Building Details

    Year built
    1937
    Flooring type
    Wood, Concrete
    Building materials
    Block/Brick, Frame, Stucco
    Roof type
    Asphalt, Rolled Hot Mop

    We can help!

    Listing Contact
    Elizabeth Jones
    Elizabeth Jones

    Listing agent Elizabeth Jones License #SA691425000

    Listing office United Country Real Estate/ AZ Country Real Estate 1965 Commerce Center Circle Suite C, Phoenix, AZ

    Listing date Dec 19, 2025

    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.

    HighLights

    • 0.63‑acre commercial corner property in historic Seligman, AZ with four separate buildings
    • 3,358 sq ft commercial building includes a grocery store, deli, and laundromat
    • 1,331 sq ft 3‑bedroom, 1‑bath residential home is currently leased
    • Additional leased buildings include a 776 sq ft historic Sheriff's House and a 384 sq ft coffee shop
    • Handicap access with accessible ramp and accessible approach
    • Utilities include public water and natural gas available; heat pump HVAC with central air

    Overview

    This corner property features four separate buildings totaling a diversified income mix in a compact, well-configured commercial setup. The largest building is a 3,358-square-foot commercial structure operating as the town grocery store, deli, and laundromat. A 1,331-square-foot 3-bedroom, 1-bath residential home is currently leased, providing an additional non-retail revenue stream. Two smaller leased commercial buildings complete the portfolio: a 776-square-foot historic Sheriff’s House and a 384-square-foot coffee shop.

    Situated in the heart of historic Seligman, Arizona, the site is positioned to benefit from strong visibility and day-to-day local necessity-based business demand. Year-round tourism supports consistent pedestrian activity, and a major Route 66 tour bus stop is located nearby.

    For investors seeking stabilized cash flow, the property’s current mix of leased residential and operating retail uses offers a practical approach to mixed-use ownership in a tourism corridor. Grocery and laundry equipment, along with inventory, are available separately, which may appeal to buyers looking to retain existing operations while planning for long-term performance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Seligman
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.875576
    Latitude
    35.327518

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    FAQs

    What type of property is this?
    Grocery and convenience store - Four income-producing buildings on a high-visibility Route 66 corner combine retail necessities with leased hospitality and residential 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 sq ft commercial building includes a grocery store, deli, and laundromat; 1,331 sq ft 3‑bedroom, 1‑bath residential home is currently leased
    (623) 853-6228
    We can help!
    Listing Contact
    Elizabeth Jones
    Elizabeth Jones
    Real Estate License ID: SA691425000
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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