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Two-Unit Retail Condo with Highway Frontage

2379 State Route 260 Overgaard, AZ 85933

New
2379 State Route 260, Overgaard, AZ, 85933
$587,000
For Sale
$587,000

COMMERCIAL - Overgaard, AZ

Property Size2,614 SF
Lot Size0.06 Acres
Price / SF$224.56
Days on Market2

Property Features for 2379 State Route 260

General Information

Property type
Commercial Sale
Property subtype
Other
Security features
Security System
Window features
Blinds, Window Coverings, Double Pane Windows, Aluminum Frames
Patio and Porch features
Patio, Porch, Deck
Interior features
Wet Bar, Wine Storage
Exterior features
Smart Lock(s)
Standard status
Active
APN
206-52-121A
Size
2,614 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Description
SECTION 34, T12N, R17E: BISONTOWN 1, A CONDOMINIUM: COMMERCIAL UNIT 121 & 122, BUILDING B, FIRST FLOOR, PER PLAT 21-16 26. OUT OF206-49-996B FOR2004R OLL.COMB 206-52-121 & 122 FOR 2018 ROLL
Tax Annual Amount
2767

Utilities

Heating system
Electric (Heating)
Cooling system
Central Air

Building Details

Year built
2000
Additional Structures
Storage
Listing agency RE/MAX Mountain Valley
Listed by Jay Eckhardt · License #BR581926000
Added: Jul 20 Checked: Jul 21 at 12:06PM
MLS# 262328

Copyright © 2026 White Mountain 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.


Investment Insights

Based on property information with market context.

This fully furnished two-unit retail condo is built for flexible concepts and is currently operated as an upscale salon during the day and a private, member-only speakeasy on weekend evenings. The finished interior supports different branding and use styles under one roof, and the property is being offered with its furnishings, fixtures, and equipment. The seller’s personal effects and a short list of excepted items are excluded, and the sale is for the real property and furnishings only; the operating business, systems, data, brand, and goodwill are not included.

The property is located within Bison Ranch, a Western-themed plaza off Highway 260 in the White Mountains area of Overgaard, Arizona. It features Highway 260 frontage along with easy access and parking for a storefront-style setup.

The property is described as having both commercial and residential zoning, and buyers are directed to verify zoning, permitted uses, measurements, and any required licensing for their intended concept.

Key Highlights

  • Two‑unit retail condo in Bison Ranch’s Western‑themed plaza, located off Highway 260 in Overgaard
  • Commercial and residential zoning indicated, allowing a live‑work setup where an owner can live and work
  • Interior includes wet bar and wine storage, plus central air and electric heating

Local Financial Insights For Specialty 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 $68.1k $26.04
− Vacancy −$1.8k −$0.68
EGI $66.3k $25.36
− OpEx −$16.6k −$6.34
NOI $49.7k $19.02
2,614 SF · lease $26.04/SF/yr · vacancy 2.60% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$710.3K
$621.6K – $828.7K (±1% cap)
NOI $49,724 @ 7.0% cap · market cap 8.47%
Second Best
Retail
$647.3K
$566.4K – $755.2K (±1% cap)
NOI $45,313 @ 7.0% cap · market cap 7.72%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

FAQs

What type of property is this?
Storefront property - Fully furnished two-unit retail condo in a western-themed plaza with Highway 260 frontage; sale includes furnishings and equipment.
Where is this storefront property located?
The property is located at 2379 State Route 260 Overgaard, AZ.
What is the asking price?
The asking price for this property is $587,000.
What are key features of this property?
This property features: Two‑unit retail condo in Bison Ranch’s Western‑themed plaza, located off Highway 260 in Overgaard; Commercial and residential zoning indicated, allowing a live‑work setup where an owner can live and work; Interior includes wet bar and wine storage, plus central air and electric heating
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