Beale Celebrations Event Center 201 N 4th St 10,295 SF Retail Building Kingman, AZ 86401 $1,200,000 ($116.56/SF) 5.44% Cap Rate
INVESTMENT HIGHLIGHTS
- Embark on a prime investment opportunity at Beale Celebrations, a two-story event venue with a long-term lease and a dedicated parking lot.
- Host gatherings at the main hall, a turnkey, spacious, and versatile event venue for weddings, corporate functions, conferences, and performances.
- Journey to the back of house, an essential support space, ensuring seamless logistics for catering, equipment setup, and event management.
- Seek a private office overlooking the Main Hall, ideal for event management, administrative use, or leasing as a standalone office.
- Claim a prominent location off Main Street, receiving exceptional exposure to the 34,956 vehicles passing through Kingman's historic district.
- Adjacent parking lot, spanning 0.19 acres, provides a spot for guests to park on a busy corridor and has development potential.
EXECUTIVE SUMMARY
Beale Celebrations at 201 N 4th Street is a fully restored event venue in the heart of Kingman’s historic downtown. This turnkey investment is perfect for conferences, weddings, and large events. The structure features over 10,000 square feet of space, a dedicated parking lot, and a long-term lease with the Chamber of Commerce. The vibrant building also includes a second-floor office area and a private back section for event coordination.
The 9,188-square-foot event hall features an open floor plan, a 20-foot by 20-foot stage, and an ample dance floor, making it ideal for large-scale gatherings. The space is designed for maximum flexibility, accommodating anything from corporate functions to live performances.
The private back section offers logistical support for event operations, including storage, staff facilities, and additional restrooms. Plus, this section has dedicated vendor access. All this and more ensures a smooth workflow for vendors, catering teams, and event staff.
The 824-square-foot second-floor office area provides an exclusive workspace for event management. This private suite is ideal for business operations, vendor coordination, or a leasing opportunity.
Parking Lot 319, a neighbor to Beale Celebrations, includes a 0.19-acre dedicated parking lot, providing convenience for event guests and potential for future development. With a feasibility study for adding apartments and retail space, this site has great investment potential.
Beale Celebrations boasts a high-visibility location on Main Street, offering easy access and prime exposure in Kingman’s historic district.
The 9,188-square-foot event hall features an open floor plan, a 20-foot by 20-foot stage, and an ample dance floor, making it ideal for large-scale gatherings. The space is designed for maximum flexibility, accommodating anything from corporate functions to live performances.
The private back section offers logistical support for event operations, including storage, staff facilities, and additional restrooms. Plus, this section has dedicated vendor access. All this and more ensures a smooth workflow for vendors, catering teams, and event staff.
The 824-square-foot second-floor office area provides an exclusive workspace for event management. This private suite is ideal for business operations, vendor coordination, or a leasing opportunity.
Parking Lot 319, a neighbor to Beale Celebrations, includes a 0.19-acre dedicated parking lot, providing convenience for event guests and potential for future development. With a feasibility study for adding apartments and retail space, this site has great investment potential.
Beale Celebrations boasts a high-visibility location on Main Street, offering easy access and prime exposure in Kingman’s historic district.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$103,000
|
$10.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$103,000
|
$10.00
|
| Taxes |
$6,798
|
$0.66
|
| Operating Expenses |
$30,922
|
$3.00
|
| Total Expenses |
$37,720
|
$3.66
|
| Net Operating Income |
$65,280
|
$6.34
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,295 SF
Building Class
B
Year Built/Renovated
1949/2017
Price
$1,200,000
Price Per SF
$116.56
Cap Rate
5.44%
NOI
$65,280
Tenancy
Single
Building Height
2 Stories
Building FAR
0.98
Lot Size
0.24 AC
Zoning
C-2 - Community Business
AMENITIES
- Corner Lot
- Signage
- Wheelchair Accessible
- Storage Space
- Monument Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Arts, Entertainment, and Recreation
- -
- -
- Negotiable
- -
Modern décor, cutting-edge service facilities, and advanced media and presentation capabilities make this the premier destination for conferences, weddings, parties, fundraisers, exhibits, and more, accommodating up to 350 guests. Beale Celebrations isn’t just a spacious and stunning events center; it’s your all-in-one events solution.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Arts, Entertainment, and Recreation | - | - | Negotiable | - |
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
2,251
16,933
33,510
54,421
2029 Population
2,409
18,169
36,145
58,485
2024-2029 Projected Population Growth
7.0%
7.3%
7.9%
7.5%
Median Age
43.2
42.6
44.2
46.2
College Degree + Higher
14%
16%
20%
9%
Daytime Employees
2,882
13,041
18,001
29,243
Total Businesses
304
1,607
2,245
2,489
Average Household Income
$53,972
$59,465
$68,351
$62,718
Median Household Income
$35,983
$44,545
$50,134
$45,470
Total Consumer Spending
$21.4M
$179.4M
$388.7M
$619.4M
2024 Households
912
6,914
13,539
22,187
Average Home Value
$140,226
$231,235
$275,840
$237,498
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Mattina's Ristorante Italiano | Italian | $$ | 2 min walk |
| Calico's | American | $$ | 11 min walk |
| Carl's Jr. | - | - | 16 min walk |
RETAIL |
||
|---|---|---|
| Kingman Crossfit | Fitness | 2 min walk |
| Circle K, Inc. | Convenience Market | 3 min walk |
| SVDP Thrift Store | Dollar/Variety/Thrift | 3 min walk |
| Dollar General | Dollar/Variety/Thrift | 13 min walk |
HOTELS |
|
|---|---|
| SpringHill Suites |
73 rooms
7 min drive
|
| Hawthorn Suites by Wyndham |
30 rooms
7 min drive
|
| Wingate by Wyndham |
64 rooms
7 min drive
|
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $130,138 | |
| Land Assessment | $0 | Annual Taxes | $6,798 ($0.66/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
SALE ADVISOR
SALE ADVISOR
Amanda Ayers, Chief Operating Officer
(307) 751-3570
Contact
Amanda Ayers serves as Chief Operating Officer of Fleischmann AZ Investment Corp. Based in Kingman, she is ready to assist with property inquiries and site visits. With deep knowledge of the local market, Amanda plays a key role in ensuring a smooth and efficient investment process for clients throughout the region.
