4860 N Ken Morey Dr - Bldgs 1 & 2 2 Industrial Properties Offered at $3,400,000 in Flagstaff, AZ

This 1.48-acre commercial property in Bellemont offers an exceptional investment opportunity with two well-maintained warehouse buildings totaling 17,700 SF. Conveniently located just off Interstate 40, the site features a recently renovated 10,140 SF warehouse with office space. The second 7,560 SF warehouse is partially leased to long-term tenants, providing immediate income. This property is ideal for an owner/user seeking a strategic operational base with an income-generating asset.
This expansive 1.48-acre commercial parcel presents an outstanding investment opportunity with exceptional freeway access just off Interstate 40, the primary east-west travel corridor in Northern Arizona. The property features two substantial steel-framed buildings and generous paved parking areas.
Building 1 offers 10,140 square feet of newly renovated office and warehouse space on the north side of the property. This facility includes office spaces at both ends and a centrally located warehouse that is fully insulated and heated. The warehouse includes two 16-foot roll-up doors, impressive clear heights of 18 feet at the eaves and 26 feet at the center, and robust 3-phase, 1,600-amp electrical service. A recent $280,000 renovation significantly enhances its appeal, and with Industrial Light (M-1) zoning, this versatile space is suitable for a variety of operations including manufacturing, distribution, assembly, and fulfillment.
Building 2 encompasses 7,560 square feet and is currently divided into three separate units. The western two units are secured by long-term leases expiring in 2027 and 2028, providing immediate rental income. The third space is owner occupied. This setup is ideal for an owner/user looking to establish their operations while benefiting from existing income. An adjacent parcel is also available for lease, offering optional additional yard or parking space as needed. This combined offering provides a strategic and flexible asset in a prime commercial location.