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Property profile & analytics
OFF-MARKET
Mixed-use properties

4940 Tennesse Ave Chloride, AZ 86431

0.73 ac lot Built 1984
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents a thriving, established general store and Arizona Tourist Information Center in Chloride, Arizona's oldest continuously inhabited mining town. Located on a 0.73-acre lot with two parcels, the property includes a 2,690-square-foot building, ample parking, and modern amenities. The Mine Shaft Market enjoys excellent visibility and foot traffic due to its location just off Highway 93, a major route between Phoenix and Las Vegas. The business offers groceries, alcohol, tobacco, souvenirs, and collectibles, serving both the local community and tourists drawn to Chloride's rich history, murals, petroglyphs, and Old West charm. As the area's only grocery store, it provides essential goods and boasts a solid reputation and positive cash flow. This sale includes the business, building, land, and inventory, allowing for immediate operation. A commercial kitchen buildout is underway, presenting the potential to add a deli or coffee shop for increased revenue. The property features ample storage space, city water and electric utilities, and a 15-port video surveillance system. The current staff may be willing to continue employment. This is a rare chance to own a piece of history and a profitable business with significant growth potential, combining historic charm with modern conveniences. The Mine Shaft Market offers a valuable investment opportunity for those seeking to capitalize on tourism and community support in a unique Old West setting.

Property profile
Verified
Property type Mixed-use properties
Year built 1984
Lot 0.73 ac (31,799 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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