116 S 1st St - Office FOR SALE


Williams, AZ 86046
$1,950,000 USD
928-853-3810
116 S 1st St, Williams, AZ for Sale
$1,950,000 USD
Office - FOR SALE
1/70
null | 6.77% Cap Rate

116 S 1st St
Williams, AZ 86046


HIGHLIGHTS

  • Three parcels, totaling 6,448 SF of building area
  • Seven income-producing units: two office spaces and five high-demand residential apartments
  • Zoned General Mixed Use with gated parking and private courtyards
  • Fully renovated in 2025 for modern appeal and operational ease

OVERVIEW

This mixed-use investment property is located in the center of downtown Williams, Arizona, combining two commercial office suites with five residential apartment units for a strong income-producing asset. Fully occupied at 100%, the residential units include two newly constructed apartments and demonstrate significant demand with zero vacancy and a waitlist for future tenants. Commercial units, situated along a visible corridor, feature easy on-street parking, enhancing tenant appeal. The site is gated and offers private outdoor courtyards, including a fenced parking area and modern EV charging station for added convenience. Renovations in 2025 ensure updated finishes and contemporary functionality, making this property turnkey for investors. Just steps from historic Route 66 attractions, art galleries, retail shops, and dining, residents and businesses alike benefit from an active tourism market and proximity to major destinations such as Bearizona, Grand Canyon Railway, and Kaibab National Forest. This property presents a rare opportunity for stable cash flow and long-term growth in one of Northern Arizona’s most historic downtowns.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$302 USD /SF

CAP RATE

6.77%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Apartment & Office Buildings

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

CR

APN/PARCEL ID

201-08-017B,201-08-017C

ASK ABOUT THIS PROPERTY

Mike KonefalColdwell Banker NorthlandMore Info
928-853-3810

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Mike KonefalColdwell Banker NorthlandMore Info
928-853-3810

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