$1,700,000
Tonopah, AZ 85354
MLS# 6703858
1 / 20
Property Description
An exceptional opportunity to own a thriving local market in the growing community of Tonopah, Arizona. Rio Valley Market has been a staple in the community, providing a variety of groceries, fresh produce, and essential goods to local residents and travelers alike. The current owner is committed to a seamless transition and will provide training and support to ensure continued success.
Details
Maps
Contract Info
Current Price: $1,700,000
List Price: $1,700,000
Status: Active
List Date: 2024-05-10
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 315
Compass: S
Street Name: 515TH
St Suffix: Avenue
City/Town Code: Tonopah
State/Province: AZ
Zip Code: 85354
Zip4: 7105
Country: USA
County Code: Maricopa
Legal Description (Abbrev): BEG W4 COR SEC TH N 312.32F TO POB TH E 204.50F N 228F W 204.50F S 228F TO POB
Assessor's Map #: 29
Assessor's Parcel #: 21
Assessor Parcel Ltr: C
Add'l Parcels: No
Assessor Number: 506-29-021-C
Census Tract: 50603
Legal: BEG W4 COR SEC TH N 312.32F TO POB TH E 204.50F N 228F W 204.50F S 228F TO POB
Tax Municipality: Maricopa - COUNTY
Taxes: 2959
Tax Year: 2023
General Property Description
Ttl Apx SqFt Bldg: 10840
# of Buildings: 1
Year Built: 1961
Uncvrd Parking Spcs: 20
Zoning: 1040 MISC COMML
Remarks & Misc
Cross Street: Harquahala Valley Rd & S 515th Ave
Directions: West on I-10 At Exit 81, head on the ramp right and follow signs for Salome Rd, Turn left onto Buckeye-Salome Rd toward Harquahala Valley Rd, 6.3 miles South on Harquahala Valley Rd to Store
Geo Lat: 33.444101
Geo Lon: -113.161514
Status Change Info
Status Change Date: 2024-05-10
Legal Info
Township: 1N
Range: 9W
Section: 11
Lot Number: -
Income & Expenses
Owner Association: No
Gross Annual Sch Inc: 1007678
Other Income: 45082.5
Adjusted Gross Inc: 1052760.5
Net Operating Income: 405679
Pmt & Rate Info
Cap Rate: 23.86
Equity: 1700000
Showing Notification Methods
Showing Service: Non-MLS Showing Service - See Private Remarks
Contact Info
List Agent Home Phn: 602-544-7799
Property Features
Building Type: Commercial
Current Use: Restaurant; Retail; Bar
Stories: 1 Story
Construction: Block
Roofing: Foam
Floors: Vinyl
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central A/C
Loading Facilities: None
Interior: Security Camera(s); Private Restrooms; Public Restrooms
Fencing: None
Parking: Public Parking
Electric: APS
Gas: SW Gas
Water: City Franchise
Sewer: Septic Tank
Freeway/Highway: Over 5.1 Miles
New Financing: Owner May Carry
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Provided by Owner
Reports/Disclosures: None
Environmental: None
Listing Office: HomeSmart
Last Updated: May - 11 - 2024
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