416 Sullivan St Miami, AZ 85539-1212
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.
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COWGIRL ANTIQUES, ETC Home Decor Store (Bike/Boat/Book/etc) Store
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Wild Horses Saloon Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.