309 N Humphreys St - Office/Residential FOR SALE


Flagstaff, AZ 86001
$1,699,000 USD
309 N Humphreys St, Flagstaff, AZ for Sale
$1,699,000 USD
Office/Residential - FOR SALE
1/40
null | 6.43% Cap Rate

309 N Humphreys St
Flagstaff, AZ 86001


HIGHLIGHTS

  • Historic Downtown Flagstaff Location
  • Large paved parking lot
  • Large corner lot with Community commercial zoning.

OVERVIEW

Discover this updated income property located on a high-profile corner lot in the heart of Historic Downtown Flagstaff. Wonderful Historic Downton property circa 1906 Lindemann House. Zoned Community Commercial with a variety of prior commercial uses. This property features five fine residences: 3 fully furnished and highly successful short term rentals (STR's) and 2 long term rentals - a 2 bedroom 1 bath penthouse apartment and a 1 bedroom 1 bath apartment. The STR's include a large studio apartment, a 2-bedroom, 1-bath apartment and a 1-bedroom, 1-bath apartment. Solid income with lots of additional possibilities. SELLER FINANCING is available to a qualified Buyer. Avoid expensive conventional lender fees. Seller prefers a Seller financed sale. A huge paved parking lot provides ample parking in the center of town. Prior commercial uses have included a retail running store, hair salon and attorney and engineering offices. Owner/Agent.

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$466 USD /SF

CAP RATE

6.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1943

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

CC

APN/PARCEL ID

100-09-001E

ASK ABOUT THIS PROPERTY

Susan WeitzmanLinton Real Estate, LLCMore Info

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Susan WeitzmanLinton Real Estate, LLCMore Info

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