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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

419 Hull Ave Jerome, AZ 86331

2,400 SF 0.15 ac lot Built 1910
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, situated on a 0.15-acre lot in the heart of historic Jerome, Arizona (APN 401-06-019), presents a unique investment opportunity. Built in 1910, this charming three-story building (two buildings total) boasts 2,400 square feet of space, with 2,233 square feet net rentable. Currently operating under a Net Net (NN) lease structure, the property features three tenants and is 80% occupied, generating approximately $57,000 in annual income. The tenant mix includes two established eateries—The Bordello Restaurant and The Flatiron Cafe—and Cabal Cellars Winery. An additional Airbnb unit, managed by the Flatiron Cafe owner, is located above the cafe. The lower-level retail space is currently vacant, offering potential for increased revenue. The property is zoned C-1 and offers stunning views of the Verde Valley. This stabilized investment presents a rare chance to acquire a piece of Arizona history with significant income potential. The property consists of five separate units, four of which are currently occupied. Serious inquiries only

Property profile
Verified
Property type Retail properties & Spaces
Year built 1910
Total area 2,400 SF
Lot 0.15 ac (6,534 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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