206 Main St Jerome, AZ 86331
This exceptional business opportunity presents the chance to acquire the oldest family-owned and operated saloon in Arizona. Located at 206 Main St, Jerome, AZ, this 2,330 square foot establishment sits on a 0.06-acre lot and is available for sale for $260,000. The property boasts a rich history, having operated continuously for 85 years, creating a strong foundation for continued success. The saloon features a stunning, hand-crafted bar and backdrop, complemented by vintage dГ©cor and a charming tin ceiling. Its nostalgic atmosphere and welcoming ambiance have cultivated a loyal local clientele, creating a thriving business with significant potential for growth. The property's prime location in the heart of Jerome ensures high visibility and foot traffic. A separate liquor license is available for an additional $135,000, providing a complete and turnkey operation. This is a rare opportunity to own a piece of Arizona history and a well-established, profitable business. The sale includes all existing fixtures and equipment, allowing for immediate operation. Don't miss this chance to own a piece of the Old West.
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Paul & Jerrys Saloon Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.