455 E MAIN Street Quartzsite, AZ $ 1,995,000
455 E MAIN Street
$ 1,995,000
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455 E MAIN Street

Quartzsite, AZ, 85346
$ 1,995,000
Baths0.0

Monthly Estimate*

$ 13,936

455 E MAIN Street, Quartzsite, AZ 85346 - Image 1
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Studio

Multi-Family Home for sale in Quartzsite, AZ

for $1,995,000. This home was built in 1982.

RV/Mobil Home Park The National Companies are in the process of building-Starbucks, Black Bear Diner and Flag Motel. The park sits directly across from Dollar Store. Lovely community park. Pattie's RV and Propane is a multifaceted business and 2.05 acre property right on the main street of quirky Quartzsite Arizona: RV and ATV capitol, home to the Soronah desert and Arizona Peace trails. Over 1 million tourists visit every year, including a large population of snow birds coming from northern America. YES THE CAP RATE IS REAL Propane Business: Pumping anywhere from 130,000 to 200,000 gallons of propane, patties has two lanes, two pumps, 1 large tank and lots of propane bottles/inventory. (2021- 136k gallons, 2022- 185k gallons) Food Area: A newly vacant fully commercial commissary and restaurant (approx 250 sqft) and outside up front food court area vibes (50 amp hook up) Commercial Building: (approx 1507 sqft) Divided into three areas The Water Queue, vacant retail and a laundromat. The Water Queue(1): 750 sqft,beautiful brand new water store on a 5 year commercial lease with increases yearly and 5 year renewal option. Currently paying $1100 a month plus utilities. Vacant Retail(2): approx 500-650 sqft Currently vacant, formerly a smoothie and coffee store, was rented at $750 a month plus utilities. Laundromat(3): approx 200-250 sqft all commercial new speedqueens 4 washers, 3 dryers (vending machines included) Main House: approx 1200 sqft private 2 bedroom one bath home, now being used as managers house/office (has major live/work and air b&b potential) Apartment A&B: Two studio apartments, more like motel/hotel rooms, previously renting at $500 a month each they are attached the main home but very separate. (major motel income potential plus air b&b) RV park: 36 trailer units with 50 amps sites, 32 are owned and rented at $400-$550 a month, 4 not owned rented at $250 a month. **Area Overview of Quartzsite, AZ** Quartzsite is a small town located in La Paz County, Arizona, USA. Situated in the southwestern part of the state, it is nestled between the cities of Phoenix and Yuma. The town is known for its unique and desert-centric lifestyle, making it a popular destination for winter visitors, snowbirds, and outdoor enthusiasts. **Geography and Climate:** Quartzsite is characterized by its arid desert landscape, with the Sonoran Desert stretching across the region. The town's location near the Colorado River contributes to its desert climate, characterized by hot summers and mild winters. Summer temperatures can soar well above 100 degrees Fahrenheit, while winters are relatively mild, making it an attractive spot for those seeking warmer temperatures during the colder months. **Population:** As of my last knowledge update in September 2021, Quartzsite's population was around 3,000 residents. However, during the winter season, the population can dramatically increase due to the influx of snowbirds and visitors who come to escape colder climates. **Tourism and Attractions:** Quartzsite has gained popularity as a mecca for rock hounds, gem enthusiasts, and RVers. The town hosts one of the largest gem and mineral shows in the world, attracting thousands of visitors annually. The Quartzsite Gem and Mineral Shows take place during January and February and feature numerous vendors selling everything from gemstones and minerals to fossils and jewelry. Another major attraction in the area is the BLM (Bureau of Land Management) land surrounding Quartzsite. This vast expanse of public land offers ample opportunities for boondocking and camping, making it a favorite spot for RV travelers and desert campers. Outdoor activities such as hiking, off-roading, and stargazing are also popular in this region. **Community and Events:** Quartzsite is known for its tight-knit community of year-round residents and winter visitors. Throughout the year, the town hosts various events and festivals, including the Quartzsite Sports, Vacation & RV Show, the Annual QIA PowWow Gem & Mineral Show, and the Tyson Wells Rock & Gem Show. These events bring people from all over the country together to celebrate shared interests and enjoy the desert lifestyle. **Services and Amenities:** Despite its small size, Quartzsite offers essential services and amenities to accommodate residents and visitors. There are grocery stores, gas stations, restaurants, RV parks, and other necessary facilities. During the peak winter season, additional vendors and services pop up to cater to the influx of visitors. **Conclusion:** Quartzsite, AZ, is a unique and vibrant desert town that attracts visitors with its gem shows, desert camping opportunities, and welcoming community. Its remote location and desert surroundings offer a tranquil escape from city life and draw nature enthusiasts and RV travelers seeking a taste of the desert lifestyle. Whether you're interested in rocks and gems, outdoor activities, or simply want to experience life in the arid Southwest, Quartzsite has something to offer to everyone.

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Multi-Family Pending

Price

$ 1,995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,589

Style

Multiple Dwellings

Year Built

1982

Town/City

Quartzsite

County/Region

La Paz

MLS | Web ID

6600400

Features
General
Sewer Public Sewer
Heating Individual
Cooling Individual Wall/Window Unit(s) Ceiling Fan(s)
Roof See Remarks
Zoning UNKOWN
Construction Materials Stucco Block Frame - Wood
Year Built 1982
Electric Other (See Remarks) Master Meter
Tenant Pays Cable TV Landscaping
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 868438.09
Community Features Other See Remarks Barbecue General Store Manager Res/Office
County La Paz
Net Operating Income 374722.0
Operating Expense 514187.0
Insurance Expense 4046.0
Property Type Multiple Dwellings
Attached Garage N
Garage Y/N N
Status Pending
City Quartzsite
Buyer Agent Compensation 3.00
Disclosures Seller Prop Disc Stm APOD/Backup Avaible Sch of Personal Prop
View Y/N N
High School District Bicentennial Union High School District
Open Parking Spaces 47.0
Total Units 43
Lot Size Square Feet 0.0
Carport Y/N N
Street Name MAIN
Tax Annual Amount 3589.0
Electric Expense 35600.0
Water Sewer Expense 16653.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 184
Standard Status Pending
Elementary School District Quartzsite Elementary District
Tax Lot 01
Cap Rate 18.78
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Free RV/Boat Parking Assigned Add'l Parking Avail <1 Space Per Unit
Water Source City Franchise Master Meter
Total Parking 47.0
Lot Size Area 0.0
Number of Buildings 40
Spa N
Lot Dimensions irr
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 455
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* Excluded Features
List By
Gerchick Real Estate

Broker

Linda@justsoldit.com

Email

Affordability Calculator

$14,235
Per Month
98%
2%
0%
Monthly Principal & Interest
$13,936
Monthly Property Taxes
$299
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
4329329 Elementary School
4329320 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
2/1/2024 $1,995,000 -9.11% Price Down
1/23/2024 $2,195,000 -4.36% Price Down
10/18/2023 $2,295,000 -22.20% Price Down
9/2/2023 $2,950,000 Listed Price

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455 E MAIN Street, Quartzsite, AZ, 85346 is a Multi-Family Home for sale at $1,995,000. 455 E MAIN Street is a studio with 0.0 baths and was built in 1982. The property's zip code is 85346 which is in Quartzsite, AZ