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    115 Jerome Ave Jerome, AZ 86331

    For Sale
    $150,000

    Busy Restaurant, Established Clientele, Financing Available

    Property size:
    950 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This thriving restaurant, located in the heart of Jerome, Arizona's historic ghost town, presents a unique business opportunity. Boasting approximately 950 square feet on a 0.11-acre lot, the Miner's Cafe enjoys a prime location within a bustling tourist destination attracting nearly one million visitors annually. This turnkey operation includes all existing equipment, inventory, and even the established brand name, merchandise, website, and social media presence. The sale also encompasses the transferable liquor license, ensuring a seamless transition for the new owner. To facilitate a smooth handover, the current staff will provide two weeks of support, with the possibility of extended assistance based on mutual agreement. A comprehensive point-of-sale system, Toast, provides detailed sales and payroll tracking, offering valuable insights into inventory management and profitability. The seller is offering attractive financing options with a reasonable down payment, making this exceptional opportunity even more accessible. High-quality professional photographs will be added to the listing shortly. This is a rare chance to acquire a well-established, profitable business in a vibrant and unique location.

    Property Features for 115 Jerome Ave

    General Information

    Property type
    Investment properties
    Square Feet
    950 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1929
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Jerome
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.1159
    Latitude
    34.75113

    Nearby Comparable

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    • $194,000
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      Jerome, AZ Retail Business for Sale

      Turnkey Pub, High Tourist Traffic, Established Clientele
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    • $154,000
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      Prime Jerome Pub - Turnkey Operation

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    Nearby Similar for Sale

    • $154,000
      1,300 SF

      Prime Jerome Pub - Turnkey Operation

      Established Bar, Live Music Venue, AZ
      403 Clark, Jerome, AZ 86331
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    • $260,000
      2,330 SF

      Historic Jerome Saloon - AZ

      Prime location, established business, huge potential.
      206 Main St, Jerome, AZ 86331
      View Details
    • $194,000
      1,300 SF

      Jerome, AZ Retail Business for Sale

      Turnkey Pub, High Tourist Traffic, Established Clientele
      403 Clark St, Jerome, AZ 86331
      View Details

    FAQs

    What type of property is this?
    Investment property - Busy Restaurant, Established Clientele, Financing Available
    Where is this investment property located?
    The property is located at 115 Jerome Ave Jerome, AZ.
    What is the asking price?
    The asking price for this property is $150,000.
    (928) 707-0692
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    115 Jerome Ave Jerome, AZ 86331
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    115 Jerome Ave Jerome, AZ 86331
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