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    403 Clark St Jerome, AZ 86331

    For Sale
    $194,000

    Turnkey Pub, High Tourist Traffic, Established Clientele

    Property size:
    1,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This thriving Jerome, Arizona, retail business, located at 403 Clark St, A3, presents a unique investment opportunity. Priced at $194,000, this 1,300 square foot establishment boasts a prime location in a high-traffic area, attracting approximately one million visitors annually. Built in 1918, the property is zoned C and features a built-in stage perfect for live music, a key element of its current success as a popular pub. The sale includes a Series 7 Beer and Wine Liquor License, ensuring a seamless transition for the new owner. The business is offered turnkey, with the current owner providing support during the transition period. Included in the sale are all existing assets (excluding three couches, a piano, a pool table, and a small metal table), website, social media presence, and existing branding. A point-of-sale system using Square is in place to track all sales. This established business offers a strong foundation for continued success in a vibrant tourist destination. The price per square foot is $149.23. The opportunity to own a well-established and profitable business in a desirable location is rare

    Property Features for 403 Clark St

    General Information

    Property type
    Investment properties
    Square Feet
    1,300 SF

    Building Details

    Year Built
    1918

    HighLights

    • Turnkey retail business in Jerome, AZ for $194,000.
    • 1,300 SF space in high‑traffic area with approx. 1 million annual visitors.
    • Located at 403 Clark St, A3, Jerome, AZ; zoned C.
    • Includes Series 7 Beer and Wine Liquor License.
    • Features a built‑in stage and existing assets (excluding select furniture).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jerome
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.116684
    Latitude
    34.7506836

    Nearby Comparable

    • $154,000
      1,300 SF

      Prime Jerome Pub - Turnkey Operation

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

      Historic Jerome Saloon - AZ

      Prime location, established business, huge potential.
      206 Main St, Jerome, AZ 86331
      View Details
    • $150,000
      950 SF

      Historic Jerome Restaurant - Turnkey Operation

      Busy Restaurant, Established Clientele, Financing Available
      115 Jerome Ave, Jerome, AZ 86331
      View Details

    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
      View Details
    • $260,000
      2,330 SF

      Historic Jerome Saloon - AZ

      Prime location, established business, huge potential.
      206 Main St, Jerome, AZ 86331
      View Details
    • $150,000
      950 SF

      Historic Jerome Restaurant - Turnkey Operation

      Busy Restaurant, Established Clientele, Financing Available
      115 Jerome Ave, Jerome, AZ 86331
      View Details

    FAQs

    What type of property is this?
    Investment property - Turnkey Pub, High Tourist Traffic, Established Clientele
    Where is this investment property located?
    The property is located at 403 Clark St Jerome, AZ.
    What is the asking price?
    The asking price for this property is $194,000.
    What are key features of this property?
    This property features: Turnkey retail business in Jerome, AZ for $194,000.; 1,300 SF space in high-traffic area with approx. 1 million annual visitors.; Located at 403 Clark St, A3, Jerome, AZ; zoned C.
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    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
    403 Clark St Jerome, AZ 86331
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