Retail Storefront with 60-Foot
For Sale
$253,000
2047 E Northern Ave, Kingman, AZ 86409
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 Market93
Property Features for 2047 E Northern Ave
General Information
Standard status
Active
Size
1,268 SF
Site & Location
Frontage
60 ft
Utilities to Site
Yes
Building Details
Year Built
1995
Buildings
1
Tenancy
Single
Listing Agency:
KG Keller Williams Arizona Living Realty
Listed By:
Steve Petrauschke · License #SA658139000
(702) 250-0750
Source:
Sellinghavasu
Added: Jul 28
Changed: Oct 25
Last Checked: Oct 7 at 1:15PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$12,315
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,300
$246.3K
Cap Rate 7%
$175,929
$175.9K
Cap Rate 9%
$136,833
$136.8K
Market Conditions
NOI Build-Up for 1,268 SF
Gross rent
$19.0K $15.00/SF
− Vacancy
−$1.4K −$1.13/SF
EGI
$17.6K $13.88/SF
− OpEx
−$5.3K −$4.16/SF
NOI
$12.3K $9.71/SF
Area
Mohave County, AZ
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,300
Cap Rate 7%
$175,929
Cap Rate 9%
$136,833
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 86409, AZ
28,860
Population
14,616
Households
2
Avg Household Size
49
Median Age
13%
College-Educated
88%
High-School Grad
365.7 sq mi
ZIP Area
79
Density / Sq Mi
$48,499
Median Household Income
$32,912
Median Earnings
$884
Median Rent
$171,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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
