$1,292,400

541 Main St Jerome, AZ 86331

Estimated payment $6,988/month

-- Bed
-- Bath
2,400 Sq Ft
$538 Price per Sq Ft

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Multiple Heating Units
  • Community Kitchen

About This Home

The world famous Ghost City Inn in Jerome is available for sale! Perfectly turn-key profitable business, housed in one of the most spectacular buildings in The Wickedest City in the West - Jerome! The Ghost City Inn is one of the oldest surviving structures in Jerome, built in 1885, on the Historic Register. You'll own 6 hotel suites, plus an upstairs and a downstairs lobby, open or private decks and sitting spaces, the kitchen and laundry room and office and shed and best of all, EVERYTHING NEEDED TO RUN THE BUSINESS! Yes, everything that you see when you view this wonderful opportunity is included in the sale - you won't even need to bring a fork. Includes Ghost City Inn trade name and website. Seller is a licensed real estate agent in Arizona, inactive. Click ''More,'' please. Google "Ghost City Inn Jerome AZ" for more pictures. Parking is always the question in Jerome, right? The Ghost City Inn parking is grandfathered "no restrictions." She's also exempt from ADA physical mobility issue requirements due to her historical status.

Listing Agent

Carol Anne Teague

Realty ONE Group Mountain Desert Brokerage Phone: 928-300-9031 License #BR036329000 Listed on: 11/05/2025

Realty ONE Group Mountain Desert

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,692

Year Built

  • Built in 1885

Lot Details

  • 2,493 Sq Ft Lot
  • Property is zoned C-1

Parking

  • Free Parking

Home Design

  • 2,400 Sq Ft Home
  • Wood Frame Construction
  • Metal Roof

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Fiber Optics Available

Listing and Financial Details

  • Tax Lot 9,10
  • Assessor Parcel Number 401-06-093

Community Details

Overview

  • Town Of Jerome Subdivision

Amenities

  • Community Kitchen
  • Reception Area

Building Details

  • Operating Expense $2,692
  • Gross Income $224,400
  • Net Operating Income $124,000

Property Details

Property Type

Other

Est. Annual Taxes

$2,692

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Legal Info Range: 03E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Stories: 2
  • Year Built: 1885
  • Tax Year: 2024
  • Lot Size Acres: 0.06
  • Subdivision Name: TOWN OF JEROME
  • Structure Type: Other (See Remarks), Commercial
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Living Area: 2400.0
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Fencing: Other
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame
  • Roof: Metal
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: See Remarks, Free
  • Attached Garage: No
  • Parking Features Free: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, Window/Wall Unit, Heat Pump
  • Heating: Heat Pump, 2 or More Units, Electric, Natural Gas
  • Green Building Features: Other (See Remarks), Reception Room, Kitchen, Fiber Optic Availble
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 2493.0
  • Parcel #: 401-06-093

Multi Family

  • Annual Gross Income: 224400.0
  • Property Net Operating Income: 124000.0
  • Annual Operating Expense: 2692.0

Tax Info

  • Tax Annual Amount: 2692.0
  • Tax Book Number: 401.00
  • Tax Lot: 9,10
  • Tax Map Number: 6.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $2,692 -- -- --
2024 $2,771 -- -- --
2023 $2,771 $64,580 $10,854 $53,726
2022 $2,835 $56,499 $12,986 $43,513
2021 $3,025 $51,180 $12,986 $38,194
2020 $2,986 $0 $0 $0
2019 $2,951 $0 $0 $0
2018 $2,828 $0 $0 $0
2017 $2,744 $0 $0 $0
2016 $2,855 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 For Sale $1,292,400 -- $539 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 Stewart Title & Trust Sedona
Joint Tenancy Deed $329,000 Yavapai Title Agency
Warranty Deed $300,000 Capital Title Agency
Warranty Deed $300,000 Capital Title Agency
Warranty Deed -- --
Quit Claim Deed $60,000 --
Joint Tenancy Deed $120,000 Yavapai Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,000 Seller Take Back
Previous Owner $304,000 Seller Take Back
Previous Owner $150,000 New Conventional
Previous Owner $80,000 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6942995

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-06-093