1 Main St - Hospitality FOR SALE


Greer, AZ 85927
$4,200,000 USD
928-940-5955
1 Main St, Greer, AZ for Sale
$4,200,000 USD
Hospitality - FOR SALE
1/28
null | 3.18% Cap Rate

1 Main St
Greer, AZ 85927


HIGHLIGHTS

  • The largest Hotel/Resort in Greer
  • Summer and Winter visitors

OVERVIEW

Offering Memorandum and full business Valuation available! Discover a rare, one-of-a-kind opportunity: the iconic Edelweiss Resort. This fully operational commercial resort features a restaurant, lodging, 2 cabins. 21 Bed 17 Bath. Nestled in the heart of Arizona's highest town and surrounded by pristine forests. With strong multi seasonal demand from winter ski to summer nature tourism, the property offers turnkey hospitality operations. Business financials will be made available to qualified buyers with NDA. Also MLS 258297 Prime Main St. location offering rare versatilityoperate as a resort, restaurant, or convert to multifamily housing or short-term rental investment. Features include a full-service commercial kitchen, dining hall, bar, gym, sauna and multiple guest cabins. Surrounded by pines at 8,400 ft elevation with ample parking, outdoor seating, and mountain views. Ideal for owner-operators, investors, or developers seeking a legacy property with income potential in one of Arizona's most desirable alpine destinations. Additional Parcels 102-14-012I 102-14-102N = 5.08 acres The two cabins each boast 2 bed, 1 bath, living room and dinette kitchen. Main lodge features 14 bedrooms consisting of 4 kings, 2 large suites with multiple rooms and 8 double queens. Additional 3bed apt w/ 3car garage

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$175 USD /SF

# OF ROOMS

16

PRICE/ROOM

$262,500 {currency}

CAP RATE

3.18%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Edelweiss Resort Greer

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.08 AC

LAND SF

221,285 SF

ZONING

GCR

APN/PARCEL ID

102-14-012B,102-14-012I,102-14-012N

ASK ABOUT THIS PROPERTY

Clair CrawfordReal Broker Az, LlcMore Info
928-940-5955

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Clair CrawfordReal Broker Az, LlcMore Info
928-940-5955

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.