Retail Storefront with 60-Foot
2047 E Northern Ave Kingman, AZ 86409
New
For Sale
$253,000
Well-maintained retail building with 60 feet of frontage, updated exterior, and newer A/C, currently occupied by a tenant.
Property Size1,268 SF
Price / SF$199.53
Days on Market2
Property Features for 2047 E Northern Ave
General Information
Standard status
Active
Size
1,268 SF
Building Details
Year Built
1995
Listing Agency:
KG Keller Williams Arizona Living Realty
(702) 250-0750
Listed By:
Steve Petrauschke · License #SA658139000
Source:
Sellinghavasu
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 29 at 4:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KG Keller Williams Arizona Living Realty
Investment Insights
Based on property information with market context.
This well-maintained commercial storefront building totals 1,268 sq. ft. and was originally built in 1985. Updates include fresh exterior paint and repaired stucco, and the property also has a newer air conditioning unit for year-round comfort. The building is served by both gas and electric service and utilizes a septic system.
The property is located on Northern Avenue with approximately 60 feet of frontage, providing street-facing presence for retail uses. It is currently occupied by a tenant who is eager to remain and sign a long-term lease.
For sale as an income-producing retail asset, this property combines visible frontage with recent exterior improvements and updated mechanical comfort.
The property is located on Northern Avenue with approximately 60 feet of frontage, providing street-facing presence for retail uses. It is currently occupied by a tenant who is eager to remain and sign a long-term lease.
For sale as an income-producing retail asset, this property combines visible frontage with recent exterior improvements and updated mechanical comfort.
Key Highlights
- 1,268 sq. ft. commercial building built in 1995 with 60 ft of frontage on Northern Avenue
- Updated exterior including fresh exterior paint and repaired stucco
- Newer air conditioning unit installed for year‑round comfort
Financial Insights For 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 | $19.0k | $15.00 |
| − Vacancy | −$1.4k | −$1.13 |
| EGI | $17.6k | $13.88 |
| − OpEx | −$5.3k | −$4.16 |
| NOI | $12.3k | $9.71 |
1,268 SF · lease $15.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$175.9K
$153.9K – $205.3K
NOI $12,315 @ 7.0% cap · market cap 4.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$283.1K
$247.7K – $330.3K
NOI $19,817 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Well-maintained retail building with 60 feet of frontage, updated exterior, and newer A/C, currently occupied by a tenant.
Where is this storefront property located?
The property is located at 2047 E Northern Ave Kingman, AZ.
What is the asking price?
The asking price for this property is $253,000.
What are key features of this property?
This property features: 1,268 sq. ft. commercial building built in 1995 with 60 ft of frontage on Northern Avenue; Updated exterior including fresh exterior paint and repaired stucco; Newer air conditioning unit installed for year‑round comfort
