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Property profile & analytics
OFF-MARKET
Retail space

416 Sullivan St Miami, AZ 85539-1212

3,770 SF 0.1 ac lot Built 1915
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US07-0334666
Property summary
AI-generated overview

This exceptional property in Historic Miami, AZ, presents a unique investment opportunity. The main attraction is a fully operational saloon, ready to open its doors and serve the community. Equipped with a fully stocked bar, refrigeration, bar back, tables, chairs, bathrooms, and a designated kitchen area (with equipment available for separate purchase), the saloon is immediately operational. A new ceiling adds to its modern appeal. The saloon also boasts a small rear patio and a large side patio accessible from Sullivan Street, perfect for outdoor seating and events. Adjacent to the saloon is a separate space, previously an antique store, offering versatile possibilities for expansion or a second business venture. Both spaces have independent Sullivan Street entrances. The property also includes a substantial upstairs area, ideal for conversion into rental apartments or overnight accommodations, generating additional income streams. Several storage spaces and a dedicated office provide ample room for inventory and business management. Adding to the property's value is an on-site studio apartment with a full kitchen and bathroom, suitable for owner occupancy, management, or rental. The 0.15-acre lot provides ample space for the existing buildings and outdoor areas. This turnkey operation in a growing town offers a rare chance to own and operate a thriving business with significant upside potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1915
Construction CONCRETE
Total area 3,770 SF
Lot 0.1 ac (4,356 SF)
APN 206-19-045C
UPID US07-0334666
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
Current use
Occupant on record · Public records
  • COWGIRL ANTIQUES, ETC Home Decor Store (Bike/Boat/Book/etc) Store
  • Wild Horses Saloon Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
NA · 1 yrs held
NA
since 2025
7 recorded transactions
2025
$11,977
2021
$180,000
2010
$150,000
2008
$150,000
2008
$145,593
2005
$180,000
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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