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1647 S PLAZA Way, Flagstaff, AZ 86001

$5,200,000
Property Type: Comm/Industry Sale Square Footage: 32,017 Lot Size (sq. ft.): 113,725 Status: Closed
Current Price: $5,200,000 List Date: 6/04/2021 Last Modified: 1/17/2022

Description

Excellent investment opportunity. This 32,017 SF building is on 2.6 acres located on the west side of town across the street from Home Depot and near newly expanding residential areas. The building is 93% leased. Light industrial zoning allows for many quiet and clean uses. See Flagstaff Zoning Code here: https://www.codepublishing.com/AZ/Flagstaff/html/Flagstaff10/Flagstaff1040030.html#10.40.30.050

More Information MLS# 6245822

Contract Info

Current Price: $5,200,000 Sold Price: $5,200,000 Status: Closed List Date: 2021-05-26 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: C79 House Number: 1647 Compass: S Street Name: PLAZA St Suffix: Way City/Town Code: Flagstaff State/Province: AZ Zip Code: 86001 Zip4: 7102 Country: USA County Code: Coconino Subdivision: WOODLANDS VILLAGE UNIT 1 Assessor Number: 112-24-007 Tax Year: 2020

General Property Description

Ttl Apx SqFt Bldg: 32017 # of Buildings: 1 Year Built: 1986 Uncvrd Parking Spcs: 10 Zoning: Lt industrial

Remarks Misc

Directions: On S Plaza Way between S Woodlands Village Blvd and S Yale St Geo Lat: 35.186373 Geo Lon: -111.66759

Status Change Info

Status Change Date: 2022-01-17 Off Market Date: 2022-01-17 Under Contract Date: 2021-12-01 Close of Escrow Date: 2021-12-29 Sold Price: $5,200,000

Legal Info

Township: 21N Range: 07E Section: 20 Lot Number: 7

Income Expenses

Gross Annual Sch Inc: 526578 Net Operating Income: 351558

Sold Info

Loan Type: Exchange Payment Type: Other Clsing Cost Split: Buyer - B Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Building Type: Commercial; Industrial Current Use: Mixed Use Stories: 1 Story Construction: Metal Roofing: Other (See Remarks) Floors: Other Ceiling Height: 10.1 Feet to 12 Feet Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Other (See Remarks) Interior: Other (See Remarks) Fencing: None Parking: Free; Paved Parking Electric: City Electric Gas: City Gas Water: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan; 1031 Exchange Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Provided by Owner Environmental: None
Listing Office: Da Vinci Realty, LLC
Last Updated: January - 17 - 2022
1647 S PLAZA Way, Flagstaff, AZ 86001- MLS# 6245822
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