Current Use by Public Records
- Retail properties & Spaces
Property Details for 115 Jerome Ave
- Year built
- 1929
- Lot size
- 0.11 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This turnkey restaurant opportunity in historic Jerome, Arizona, presents a unique chance to own a thriving business in a high-traffic location. Located at 115 Jerome Ave, this 950-square-foot establishment, built in 1929, boasts a prime spot in a town attracting approximately one million visitors annually. The Miner's Cafe, established in 2023, comes complete with existing staff support for a two-week transition period (with potential for longer-term arrangements). The sale includes the transferable liquor license, existing name, merchandise, website, and social media presence. All visible fixtures and equipment, plus additional extras, are included in the asking price of $160,000 ($168.42/sq ft). The seller is offering financing options with a reasonable down payment. A Toast POS system provides comprehensive sales and payroll tracking. The property sits on a 0.11-acre lot and is zoned C-1. The building is a two-story structure. A one-year lease with the Jerome Historical Society will be required upon the new owner's signing. The current lease amount is $1,347 per month. This is an exceptional opportunity to acquire a well-established restaurant with significant potential for growth in a vibrant tourist destination.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jerome
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.116
- Latitude
- 34.7511
