$750,000
501 SCHOOL Street
Jerome, AZ 86331
MLS# 6950296
Status: Closed



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Property Description
In the heart of historic Jerome, one of AZ's top tourist destinations with nearly 1 million visitors each year, is a prime commercial property offering outstanding visibility and potential. Home for over 20 yrs to the awarded Pura Vida Gallery, the space has been a favorite stop for locals & tourists alike. The gallery represents 120+ American artists of ceramics, jewelry, blown glass, wearable art, fiber, garden art, & home décor. These pieces are highlighted for their organic form, vibrant color, and true artistic spirit. The property itself was originally three separate units and can be easily converted back for flexible income or multi-use potential. The thriving gallery business is also available for purchase, a turnkey opportunity in one of the states most visited towns

Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $750,000
Sold Price: $750,000
Status: Closed
List Date: 2025-11-21
Location, Tax & Legal
Assessor's Map #: 6
Legal Description (Abbrev): JEROME LOTS: LOT 14 HULLS PLAT OF JEROME A PTN OF THE MAIN CLAIM
Assessor's Parcel #: 26
Assessor Parcel Ltr: H
Add'l Parcels: Yes
Tax Municipality: Jerome
Census Tract: 1900
Taxes: 1798
Legal: JEROME LOTS: LOT 14 HULLS PLAT OF JEROME A PTN OF THE MAIN CLAIM
House Number: 501
Street Name: SCHOOL
St Suffix: Street
City/Town Code: Jerome
State/Province: AZ
Zip Code: 86331
County Code: Yavapai
Subdivision: JEROME
Assessor Number: 401-06-026-H
Tax Year: 2025
General Property Description
Ttl Apx SqFt Bldg: 1625
# of Buildings: 1
Uncvrd Parking Spcs: 0
Year Built: 1989
Zoning: C-1
Currently Not Used
Sold Price Per SqFt: 538.46
Construction
Tilt-Up: 1
Stucco: 1
Roofing
Rolled: 1
Floors
Wood: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1798
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Business Type
Other: 1
See Remarks: 1
Pmt & Rate Info
Equity: 875000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Phone Call: 1
Lockbox Type
See Private Remarks: 1
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Forced Air: 1
Natural Gas: 1
Cooling
Warehouse Evap: 1
Ceiling Fan(s): 1
Interior Features
Smoke Detector(s): 1
Private Restrooms: 1
Loading Facilities
None: 1
Road Access Type
City Street: 1
Exterior
Landscaping: 1
Building Sign: 1
Sidewalk(s): 1
Source of Fincl Data
Owner: 1
Fencing
None: 1
Water Source
City Franchise: 1
Freeway/Highway
Frontage: 1
Building Features
Patio/Deck: 1
Showroom: 1
Display Window(s): 1
Sewer
Sewer - Public: 1
Parking Features
Off Street: 1
Other: 1
Electric
APS: 1
Individual Meter: 1
Gas
Natural Gas: 1
Unisource: 1
New Financing
Cash Only: 1
Cash to Loan: 1
1031 Exchange: 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
None: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Directions: 89A to Jerome, left on Jerome Ave, left on Main St, property is on the right
Geo Lat: 34.749707
Geo Lon: -112.115055
Status Change Info
Off Market Date: 2026-02-20
Under Contract Date: 2026-02-16
Close of Escrow Date: 2026-02-19
Sold Price: $750,000
Legal Info
Lot Number: 13&14
Property Features
Building Type: Commercial
Business Type: Other; See Remarks
Construction: Tilt-Up; Stucco
Roofing: Rolled
Floors: Wood
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Forced Air; Natural Gas
Cooling: Warehouse Evap; Ceiling Fan(s)
Loading Facilities: None
Interior Features: Smoke Detector(s); Private Restrooms
Exterior: Landscaping; Building Sign; Sidewalk(s)
Fencing: None
Building Features: Patio/Deck; Showroom; Display Window(s)
Parking Features: Off Street; Other
Road Access Type: City Street
Electric: APS; Individual Meter
Gas: Natural Gas; Unisource
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; Cash to Loan; 1031 Exchange
Showing Notification Methods: Phone Call
Lockbox Type: See Private Remarks; None
Source of Fincl Data: Owner
Environmental: None

IDX
Listing Office: Sunhaven Real Estate

Last Updated: February - 21 - 2026

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