315 S 515TH Avenue Tonopah, AZ ^$ 1,700,000

315 S 515TH Avenue

^$ 1,700,000

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315 S 515TH Avenue

Tonopah, AZ, 85354

^$ 1,700,000

Studio Baths0.0 Sq 10,840

Monthly Estimate*

^$ 11,299

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315 S 515TH Avenue, Tonopah, AZ 85354 - Image 10

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Studio

Commercial Property for sale in Tonopah, AZ

for $1,700,000. This 10,840 square foot building was built in 1961 on a lot size of 0.73.

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.

Commercial Active

Price

^$ 1,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,959

Style

Comm/Industry Sale

Lot Size

0.73

Year Built

1961

Town/City

Tonopah

County/Region

Maricopa

MLS | Web ID

6703858

Features

General

Sewer Septic Tank

Heating Electric

Cooling Central A/C

Roof Foam

Zoning 1040 MISC COMML

Construction Materials Block

Year Built 1961

Electric APS

Township 1N

Tax Year 2023

Percent Ownership Fee Simple

Gross Income 1052760.5

Business Type Bar Retail Restaurant

County Maricopa

Net Operating Income 405679.0

Property Type Comm/Industry Sale

Attached Garage N

Status Active

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

City Tonopah

Buyer Agent Compensation 2.00

Disclosures None

View Y/N N

Open Parking Spaces 20.0

Lot Size Square Feet 31799.0

Carport Y/N N

Street Name 515TH

Tax Annual Amount 2959.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 15

Structure Type Commercial

Standard Status Active

Tax Lot -

Cap Rate 23.86

Buyer Agent Compensation Type %

Ownership Fee Simple

Senior Community N

Interior

Flooring Vinyl

Street Suffix Avenue

Electric On Property Y/N N

Total Baths 0

Exterior

Fencing None

Parking Features Public Parking

Water Source City Franchise

Total Parking 20.0

Lot Size Area 31799.0

Number of Buildings 1

Spa N

Lot Size Acres 0.73

Lot Size Units Square Feet

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 315

* Excluded Features

List By

Homesmart

Broker

carlos@enriquezteam.com

Affordability Calculator

$11,545

Per Month

Monthly Principal & Interest: $11,299
Monthly Property Taxes: $247
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Tonopah, AZ

Average List Price ^$1,700,000

Percent of Sale Price 0%

About Tonopah, AZ

53 Population

138% Since 2002

^$52,831 Median Income

40.05 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/10/2024	$1,700,000		Listed Price

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315 S 515TH Avenue, Tonopah, AZ, 85354 is a Commercial Property for sale at $1,700,000 with 10,840 sqft and a lot size of 0.73. 315 S 515TH Avenue is a studio with 0.0 baths and was built in 1961. The property's zip code is 85354 which is in Tonopah, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/28/2024.

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315 S 515TH Avenue

Commercial Property for sale in Tonopah, AZ

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