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- LoopNet Team
109 E Phoenix Ave
Flagstaff, AZ 86001
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 1031 Exchange opportunity
- 2 blocks from Northern Arizona University
- 1800 SF Building available for redevelopment
- High walkability
- Long Term Tenants
PROPERTY FACTS
AMENITIES
- Restaurant
ABOUT 109 E PHOENIX AVE , FLAGSTAFF, AZ 86001
Ideal 1031 Exchange Property with long term tenants. This property welcomes many different usages with the zoning and UNTAPPED POTENTIAL. Parcel includes 26 S San Francisco ST, 30 S San Francisco ST and 109 E Phoenix Avenue. Located Blocks from NAU in the Heart of Downtown Flagstaff with Four Commercial Spaces, excellent exposure and tremendous street and foot traffic. Irreplaceable commercial real estate in Downtown Flagstaff Consisting of 3 Restaurants,all spaces have been fully redeveloped within the last four years including the installation of three new kitchens, bar, restrooms, electrical and HVAC. Occupied by 3 long term tenants with a high return. https://property.creop.com/4322 For further information The fourth building is currently an 1800 square foot open space that has potential to be redeveloped for Owner User or a fourth tenant that would increase the cap rate to approximately 6.75%. This is a very rare opportunity to own a multi tenant building with the potential for growth in the heart of Downtown.
PROPERTY TAXES
| Parcel Number | 104-01-091 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $239,294 |
PROPERTY TAXES
