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844-846 N G Ave 12,341 SF 100% Leased Retail Building Douglas, AZ 85607 $175,000 ($14.18/SF)
Investment Highlights
- Value Add Opportunity,Flexible Use, Corner property,Historic Adaptive reuse
Executive Summary
Historic adaptive reuse opportunity located in the Douglas Historic District. Known locally as the “Old Post Office Building,” this approximately 12,341 sq ft two-story commercial property offers significant redevelopment potential with an exceptionally low acquisition basis at approximately $14/sq ft. The building retains substantial architectural integrity including original stacked brick walls, hardwood flooring, oversized wood-trimmed windows, original interior doors and frames, wide interior staircase, 10-foot ceilings, expansive hallways, and approximately 20 upstairs rooms with historic fireplace venting still present.
Historically utilized as a hotel, saloon, bordello, retail storefronts, and salon, the property is well suited for boutique hospitality, mixed-use redevelopment, artist lofts, creative commercial use, event space, restaurant/bar concepts, co-working environments, or live/work conversion. Roof replaced in 2019. Natural gas, electric, and Douglas water connections available. Zoned GC (General Commercial). Vacant and cleaned out, offering immediate access for redevelopment planning and restoration.
Positioned within downtown Douglas near ongoing revitalization efforts and cross-border commerce activity. Historic downtown district, parks, recreation facilities, golf course, aquatic center, and community amenities nearby. Buyer to verify zoning, redevelopment incentives, historic designation, tax credit eligibility, and all permitted uses.
Historically utilized as a hotel, saloon, bordello, retail storefronts, and salon, the property is well suited for boutique hospitality, mixed-use redevelopment, artist lofts, creative commercial use, event space, restaurant/bar concepts, co-working environments, or live/work conversion. Roof replaced in 2019. Natural gas, electric, and Douglas water connections available. Zoned GC (General Commercial). Vacant and cleaned out, offering immediate access for redevelopment planning and restoration.
Positioned within downtown Douglas near ongoing revitalization efforts and cross-border commerce activity. Historic downtown district, parks, recreation facilities, golf course, aquatic center, and community amenities nearby. Buyer to verify zoning, redevelopment incentives, historic designation, tax credit eligibility, and all permitted uses.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
12,341 SF
Building Class
C
Year Built
1905
Price
$175,000
Price Per SF
$14.18
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.89
Lot Size
0.15 AC
Zoning
GC- General Commercial - Retail & Commerce: Department stores, specialty retail shops, supermarkets, pharmacies.Hospitality & Food: Restaurants, cafes,hotels,motels,Prof. Svcs
Parking
10 Spaces (0.81 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Atrium
- Corner Lot
- Skylights
- Storage Space
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 409-07-022 | Improvements Assessment | $18,587 |
| Land Assessment | $3,216 | Total Assessment | $21,803 |
Property Taxes
Parcel Number
409-07-022
Land Assessment
$3,216
Improvements Assessment
$18,587
Total Assessment
$21,803
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844-846 N G Ave