Current Use by Public Records
- Retail properties & Spaces
Property Details for 419 Hull Ave
- Year built
- 1910
- Lot size
- 0.15 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Mixed-use properties
Description
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
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jerome
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.115
- Latitude
- 34.7498
