45072 N Arizona Hwy 188 - Storefront Retail/Office FOR SALE


Tonto Basin, AZ 85553
$699,000 USD
602-740-8428
45072 N Arizona Hwy 188, Tonto Basin, AZ for Sale
$699,000 USD
Storefront Retail/Office - FOR SALE
1/62
null | Request Cap Rate

NEW


45072 N Arizona Hwy 188
Tonto Basin, AZ 85553


HIGHLIGHTS

  • Perfect for short-term rentals such as Airbnb or VRBO
  • build-to-suit single or multi-unit retail center or office building
  • Creating a Live-Work option with multiple buildings.
  • Ample Parking

OVERVIEW

EXCEPTIONAL 3.6-ACRE INVESTMENT OPPORTUNITY near booming Roosevelt Lake Recreation Area. Three adjacent parcels assembled for maximum versatility. Main structure: 2200 sq ft partially finished building with shade canopies on both sides, ready for office, retail, residential or mixed-use build-out. Multiple electric meters allow separate tenant billing. Pre-installed water filtration system. Premium quality construction throughout with longest-lasting materials from roof down. Additional improvements include 12x16 workshop with power, fenced rear section with 24x48 steel RV carport and installed septic system ready for additional structures. Southern end features full 1-acre open area perfect for RV/boat storage, equipment sales, or mobile home park development. Property positioned to capitalize on explosive growth as Phoenix metro residents discover Roosevelt Lake - Arizona's largest in-state lake with 450,000+ annual visitor days, just 80 miles from 5 million Phoenix metro residents. Multiple revenue stream possibilities. Quality infrastructure in place. 70% remodel, including new 30 new year GAF roofing, all new low E windows. New fencing with privacy slats. Awnings are 18'x20' providing 360 sqaure feet of enclosed entertainment area. Recently upgraded and inpected septic. Ideal for investors and small business owners seeking established property in high-growth recreational market. The location, timing, and potential are perfectly aligned. Note Parcel 1 is available for sale on it's own for $429,000 and parcel 2 is available individually for $119,000. Parcel 3 is only available through purchasing all the parcels together.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$320 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

45072 N Arizona Hwy 188, Tonto Basin, AZ 8555

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Auto Dealership, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Geoffrey AdamsRealty One Group CommercialMore Info
602-740-8428

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Geoffrey AdamsRealty One Group CommercialMore Info
602-740-8428

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