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    4940 Tennesse Ave Chloride, AZ 86431

    For Sale
    $419,400

    Turnkey General Store & Tourist Center

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional opportunity presents a thriving, established general store and Arizona Tourist Information Center in Chloride, Arizona's oldest continuously inhabited mining town. Located on a 0.73-acre lot with two parcels, the property includes a 2,690-square-foot building, ample parking, and modern amenities. The Mine Shaft Market enjoys excellent visibility and foot traffic due to its location just off Highway 93, a major route between Phoenix and Las Vegas. The business offers groceries, alcohol, tobacco, souvenirs, and collectibles, serving both the local community and tourists drawn to Chloride's rich history, murals, petroglyphs, and Old West charm. As the area's only grocery store, it provides essential goods and boasts a solid reputation and positive cash flow. This sale includes the business, building, land, and inventory, allowing for immediate operation. A commercial kitchen buildout is underway, presenting the potential to add a deli or coffee shop for increased revenue. The property features ample storage space, city water and electric utilities, and a 15-port video surveillance system. The current staff may be willing to continue employment. This is a rare chance to own a piece of history and a profitable business with significant growth potential, combining historic charm with modern conveniences. The Mine Shaft Market offers a valuable investment opportunity for those seeking to capitalize on tourism and community support in a unique Old West setting.

    Property Features for 4940 Tennesse Ave

    General Information

    Property type
    Mixed-use properties
    Lot Size
    31,799 SF

    Building Details

    Year Built
    1984
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Chloride
    County
    Mohave
    State
    Arizona
    Longitude
    -114.1987
    Latitude
    35.41421

    FAQs

    What type of property is this?
    Mixed-use property - Turnkey General Store & Tourist Center
    Where is this mixed-use property located?
    The property is located at 4940 Tennesse Ave Chloride, AZ.
    What is the asking price?
    The asking price for this property is $419,400.
    (928) 753-0430
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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
    4940 Tennesse Ave Chloride, AZ 86431
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