Realty Executives of Flagstaff

Serving Flagstaff, Arizona since 1977

Realty Executives of Flagstaff

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116 S 1st Street
Williams AZ 86046

$1,707,000

Active Listing ID 193489

$1,707,000

Active Listing ID 193489
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116 S 1st Street Located in the heart of downtown Williams, AZ. This strong income producing investment property has 2 OFFICE BUILDINGS and 5 RESIDENTIAL APARTMENT UNITS. Two of the 5 residential units are new construction. Fenced parking and courtyard for residents. One of the residential units has an EV car charger. The two commercial office spaces have on street parking. Zero vacancy in the 5 residential units, in fact there is a waiting list of applicants asking to live here as there is a limited supply of rental housing in Williams. Bearizona, Canyon Coaster Park and the Grand Canyon Railway are just down the road. One of the members of the owning LLC is a licensed real estate agent in the state of Arizona.

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Property Features

  • Facts
  • Property Type: Comm/Industry

School Information

  • School
  • $100,000 - 499,999(HighSchool)

Property

  • Class Description: Comm/Industry
  • Class Org: E
  • MLS Identifier: 20121009131105753819000000
  • List Number Main: 193489
  • MLS Approved: Y
  • Property Type: E
  • Timestamp: 2023-06-29T14:36:07.823
  • Display on Public Websites: Y
  • Listing ID: 193489
  • Entry Timestamp: 2023-06-06T23:40:36.172
  • Picture Count: 83
  • Picture Timestamp: 2023-06-06T23:40:38.678
  • Absolute Longitude: 112.187285
  • Property Sub-Type: Commercial Mix Use
  • Status: Active
  • Status Change Date: 2023-06-06
  • List Price: 1707000.00
  • Area: 910 - Williams City
  • Street #: 116
  • Direction: S
  • Street Name: 1st
  • Suffix: Street
  • City/Town Code: Williams
  • State/Province: AZ
  • County: Coconino
  • Zip Code: 86046
  • Geo Lat: 35.2501
  • Geo Lon: -112.187285
  • Gross SqFt: 13324.00
  • Dimensions: 3 parcels
  • Acres: 0.24
  • Co-Variable: No
  • Taxes: 7351.04
  • Tax Year: 2023
  • Public Remarks: Located in the heart of downtown Williams, AZ. This strong income producing investment property has 2 OFFICE BUILDINGS and 5 RESIDENTIAL APARTMENT UNITS. Two of the 5 residential units are new construction. Fenced parking and courtyard for residents. One of the residential units has an EV car charger. The two commercial office spaces have on street parking. Zero vacancy in the 5 residential units, in fact there is a waiting list of applicants asking to live here as there is a limited supply of rental housing in Williams. Bearizona, Canyon Coaster Park and the Grand Canyon Railway are just down the road. One of the members of the owning LLC is a licensed real estate agent in the state of Arizona.
  • APN: 20108017b
  • Legal Description: Three parcels included 20108017B, 20108017C and 201108028
  • Directions: Take Historic Route 66 to South on 1st streetlook for Allstate Plaza on the right hand side next to the Post Office.
  • Region: 90 - Williams Area
  • Lease Frequency: Annual
  • Sale/Rent: sale
  • Land Size: 0 - .4 AC
  • Imprv Sz (Gross SF): 12, 000 - 19, 999
  • Trade/Exchange: Not Applicable
  • Cap Rate: 1 - 7.9%
  • #Tenants/Units: 5 - 9
  • List Price/SqFt: 128.11
  • Cross Street: Historic Route 66
  • Cumulative DOM: 23
  • Construction: Frame, Masonry, New Constr., One Story, Two Story, Wired to Code
  • Exterior Amenities: Fenced, Landscaped, Storage
  • Freeway Turn Time: 1-4 Min
  • Heating/Cooling: Central, Electric, Heat Pump, Natural Gas, Wall Furnace
  • Interior Amenities: Laundry
  • Leases: 1 Yr. +, Mo. to Mo.
  • Location: Downtown, Freestanding
  • Lot Street Imprvmnts: Alley, Curbs, Paved Parking, Sidewalks, St-Blacktop
  • Management: Owner
  • Occupancy: Totally Leased
  • Roof: Asphalt Shingle, Pitched
  • Util Pd by Tenant: Electricity, Nat. Gas
  • Utilities: City Water, Electric, Indiv Metered, Natural Gas, Primary Meter, Sewer, Telephone, TV Cable
  • ListingMemberName: Tammara Prager
  • ListingOfficeName: Realty Executives of Flagstaff
Listing Changed: 6/29/2023 2:36:07 PM GMT
Source Updated Date: 9/24/2023 2:06:44 AM GMT

Courtesy of: Tammara Prager, Realty Executives of Flagstaff

Copyright 2021 Northern Arizona Association of Realtors. All Rights Reserved.

nformation is deemed to be reliable but not guaranteed
The accuracy of all information, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but not guaranteed or warranted. All information should be independently verified through personal inspection by and/or with the appropriate professionals.

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