102 4Th StBenson, AZ 85602

  • Turn key restaurants
  • 680 SF
For Sale
$595,000 View listing

Property Details for 102 4Th St

Year built
1955
Construction
CONCRETE
Property size (Sq ft)
680 SF
Property type
Turn key restaurants
APN
123-23-413
APU
12323413

Description

This exceptional turn-key opportunity presents a chance to acquire a well-established ice cream shop in the heart of Benson, Arizona. Located on a main thoroughfare leading to popular tourist destinations like St. David, Tombstone, and Bisbee, this 600-square-foot retail space sits on a 0.32-acre lot and benefits from consistent foot traffic and a loyal customer base. The business has a long-standing history in the community, having operated successfully for decades under the same ownership. Meticulously maintained, the property is ready for immediate operation, eliminating the significant time and expense associated with starting a business from the ground up. The sale includes both the business and the real estate, offering a complete and seamless transition for the new owner. Financial records reflecting the profitability of this established enterprise are available upon request. This is an ideal acquisition for an entrepreneur seeking a proven business model in a desirable location with significant growth potential. The property's prime location ensures continued success for years to come, making this a truly unique and attractive investment opportunity. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $76,799.10
    6.5%
    $70,891.40
    7%
    $65,827.80
  • Comparable approach

    Method
    Valuation
    Relative Method
    $117,678
    Geo Method
    $117,678
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $137,920
    Mixed-Use / Specialty
    $70,770.30
    Hospitality / Lodging
    $52,093.10
    Office
    $70,486.80
    Institutional / Educational
    $73,619.60
    Residential Income
    $86,134.90
    Multifamily
    $102,576
    Automotive / Energy
    $63,102.50
    Parking / Income-Based Land
    $21,645.90
    Restaurant / Food Service
    $37,088.90
    Healthcare / Senior Housing
    $72,438.70

Location Insight

City
Benson
County
Cochise
State
Arizona
Latitude
31.9687
Longitude
-110.298
CBSA code
43420
CBSA name
SIERRA VISTA-DOUGLAS, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,242
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-
-
-
-
-
-

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