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Investment Highlights

  • Ease of ownership with a long-term NNN lease in place and annual bumps
  • Approximately 2,500 SF under roof, plus exclusive exterior patio
  • Historic Value: Owning a piece of downtown Flagstaff’s architectural legacy brings intrinsic value and community prestige.
  • Multi-year original term to extend stability, while renewal options offer future flexibility for both parties.
  • Detailed rent roll, expense statements, and tenant history available upon request to qualified buyers.
  • Business may be available for acquisition in addition to the property. Inquire.

Executive Summary

Introducing a prime investment opportunity along the bustling southside district of Flagstaff, AZ. This fully occupied, modernized yet historically preserved commercial building is an ideal choice for retail or restaurant investors looking for solid returns and true ease of ownership. With its architecture steeped in the rich tapestry of Flagstaff’s storied past, this property offers an unparalleled combination of character, charm, and commercial stability. Originally built in 1956 and meticulously and extensively updated over the years to accommodate its current use (bar and restaurant), this property showcases modern amenities within a historic framework. Property features a full kitchen, custom bar, front dining area, rear "game" room, two bathrooms, rear "pop-up" bar, and spacious updated exterior patio space. The building stands as a testament to enduring craftsmanship, presenting an opportunity for investors to own a piece of local history while enjoying the benefits of a fully leased, income-generating asset.
Business may be available for acquisition in addition to the property. Inquire.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,660 SF
Building Class
C
Year Built
1956
Price
$925,000
Price Per SF
$347.74
Cap Rate
6.68%
NOI
$61,750
Tenancy
Single
Building Height
1 Story
Building FAR
0.76
Lot Size
0.08 AC
Zoning
CC - Mixed-Use zone in the historic Southside district of Flagstaff, AZ
Parking
2 Spaces (0.75 Spaces per 1,000 SF Leased)
Frontage
55’ on S San Francisco

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Southside Tavern
  • Retailer
  • 2,660 SF
  • $23.23
  • Triple Net
  • Nov 2029
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Southside Tavern Retailer 2,660 SF $23.23 Triple Net Nov 2029
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100

Nearby Major Retailers

Natural Grocers
PNC Bank
Pita Pit
Chase
National Bank Of Arizona
Jazzercise
Rent-A-Center
Pita Jungle
Ahipoki Bowl
Dutch Bros

Property Taxes

Property Taxes

Parcel Number
103-08-024C
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$42,922
  • Listing ID: 37428179

  • Date on Market: 8/26/2025

  • Last Updated:

  • Address: 117 S San Francisco St, Flagstaff, AZ 86001

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