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963 W Route 66 Flagstaff, AZ 86001
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Key Details
Sold Price $4,850,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 194716
Sold Date 12/02/24
Originating Board Northern Arizona Association of REALTORS®
Year Built 2000
Annual Tax Amount $47,114
Tax Year 2022
Lot Size 1.630 Acres
Acres 1.63
Property Description
Location does not get much better than this! Two excellent commercial buildings located in the heart of Flagstaff, adjacent to the famous Milton transportation corridor. The property is less than a half mile to Northern Arizona University, close to well known shopping, restaurants, car dealerships, and is directly across from one of the largest state of the art NAU student housing facilities in Flagstaff. This 1.63 acre parcel is primed and ready for its next investor opportunity. The property is zoned Highway Commercial. Bldg #1 is 11,500SF. Bldg #2 is 6,685 SF. Buyer can purchase now and do with the property what they want, otherwise the Seller will be getting the units leased to meet a 5+ cap rate. Separate lease listings to come in the following weeks.
Location
State AZ
County Coconino
Area 157 - Milton Commercial
Direction This property is on the corner of Route 66 and W Riordan road directly across from the Standard and next to Galaxy Diner.
Interior
Heating Central
Exterior
Exterior Feature Other
Utilities Available (3 Phase), City Water, Sewer Connected, Electricity Available, Natural Gas Available, Phone Available, Cable Available
Building
Lot Description Landscaped
Others
Tax ID 10303013n
Acceptable Financing OMC, Cash
Listing Terms OMC, Cash
Financing Owner Carry 1st
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Bought with zDefault NonMLS Member Office