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Home > 963 W ROUTE 66, Flagstaff, AZ 86001 (MLS# 6318474)

963 W ROUTE 66, Flagstaff, AZ 86001

$3,550,000
Property Type: Comm/Industry Sale Square Footage: 18,185 Lot Size (sq. ft.): 71,074 Status: Closed
Current Price: $3,550,000 List Date: 11/08/2021 Last Modified: 5/06/2022

Description

Location does not get much better than this! Two excellent commercial buildings located in the heart of Flagstaff, adjacent to the famous Milton transportation corridor. The property is less than a half mile to Northern Arizona University, close to well known shopping, restaurants, car dealerships, and is directly across from one of the largest state of the art NAU student housing facilities in Flagstaff. This 1.63 acre parcel is primed and ready for its next investor opportunity. The property is zoned Highway Commercial. Bldg #1 is 11,500SF. Bldg #2 is 6,685 SF, of which a veterinarian occupies 2,593 SF. Leases are NNN. Goodwill Industries leases through 4/30/23, but willing to vacate sooner. Veterinary clinic lease expires 3/8/22 with the option to renew. Offering Memorandum available.

More Information MLS# 6318474

Contract Info

Current Price: $3,550,000 Sold Price: $3,550,000 Status: Closed List Date: 2021-11-08 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: C79 House Number: 963 Compass: W Street Name: ROUTE 66 St Suffix: -- City/Town Code: Flagstaff State/Province: AZ Zip Code: 86001 Zip4: 6297 Country: USA County Code: Coconino Assessor Number: 103-03-013-N Tax Year: 2021

General Property Description

Type of Property: Highway Commercial Ttl Apx SqFt Bldg: 18185 # of Buildings: 2 Year Built: 2000 Uncvrd Parking Spcs: 60 Zoning: HC Flood Zone: TBD

Remarks Misc

Cross Street: Route 66 Directions: This property is on the corner of Route 66 and W Riordan road directly across from the Standard and next to Galaxy Diner. Geo Lat: 35.191619 Geo Lon: -111.662252

Status Change Info

Status Change Date: 2022-05-06 Off Market Date: 2022-04-18 Under Contract Date: 2022-04-14 Close of Escrow Date: 2022-05-05 Sold Price: $3,550,000

Legal Info

Township: 21N Range: 07E Section: 21 Lot Number: -

Bay Info

# of Bays: 1 # of Bay Doors: 1 Bay Door Height: 10

Income Expenses

Gross Annual Sch Inc: 215400 Net Operating Income: 190160

Sold Info

Loan Type: Other Payment Type: Other Clsing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Building Type: Commercial Current Use: Mixed Use; Service Business; Office; Retail Stories: 1 Story Construction: Block Roofing: Rolled; Metal Floors: Concrete; Carpet Ceiling Height: 8 Feet or Less; 28.1 Feet or Over Heating: Natural Gas Cooling: Central A/C Loading Facilities: Other (See Remarks) Interior: Finished; Smoke Detector(s); Security System; Security Light(s); Phone System; Private Restrooms Exterior: Corner Lot; Dual Street Ftg; Landscaping; Building Sign; Monument Sign; Security Light(s) Fencing: None Amenities: Conference Room; Computer Room; Display Window(s) Parking: Free; Public Parking Electric: APS; City Electric; 3 Phase Power Gas: City Gas; Underground Water: City Franchise Sewer: Sewer - Public; Sewer - Available New Financing: Other (See Remarks) Showing Notification Methods: Phone Call Source of Fincl Data: Provided by Owner Existing 1st Loan: Private Existing 1st Ln Type: Fixed Traffic Count: Unknown Environmental: None
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: May - 06 - 2022
963 W ROUTE 66, Flagstaff, AZ 86001- MLS# 6318474
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