$1,050,000
Flagstaff, AZ 86001
MLS# 185054
Status: Closed
7813 sqft
1 / 18
Property Description
Rare mid-sized office building located in the historic downtown district available for sale or lease. Property may be ideally suited for an owner-user or investor seeking the potential of mixed use reconversion or to re-let. New multi-level residential condos under construction across the street. Sizable footprint able to accommodate many types of office users, featuring separate reception/waiting area, 20+private offices, 5 bathrooms, basement space with conference room potential and breakroom, plus 17 ON-SITE PARKING spaces. Current long-term governmental tenant has now vacated and the space is move-in ready. Asking lease rate of $1.10/sf/mo NNN. Bring your vision and see it a reality in the heart of downtown.
Details
Maps
Contract Info
Status: Closed
Listing Agreement Date: 2021-03-24
Sold Price: $1,050,000
Current Price: $1,050,000
List Price/SqFt: 217.58
Property Sub-Type: Office Building
Location Tax Legal
County: Coconino
Area: 145 - Flagstaff Townsite
Street #: 222
Direction: E
Street Name: Birch
Suffix: Avenue
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.198748
Geo Lon: -111.64528
Key Words
Sale/Rent: Both
Net Op Inc: CLO
Cap Rate: CLO
Down Payment: Submit
Imprv Sz (Gross SF): 5,000 - 11,999
#Tenants/Units: 1 - 4
Land Size: 0 - .4 AC
Trade/Exchange: Not Applicable
General Property Description
Dimensions: 100 x 134
Acres: 0.31
Year Built: 1978
Approx SqFt: 7813
Status Change Info
Sold Date: 2021-11-30
Sold Price: $1,050,000
Sold Price/SqFt: 134.39
Financing: Cash
Property Features
To Show: CLO/KILO
Terms of Sale: Cash; CTM/Assump; Lease Option; Lease Pur.
Leases: Net
Util Pd by Tenant: CAM's; Electricity; Janitorial; Nat. Gas; RE Insurance; RE Tax; Snow Removal; Trash Collect; Water/Sewer
Docs on File: Aerial Photo; Easements; Flood Zone Info.; Leases; Legal Descrip.
Interior Amenities: Basement; Duo-Pane Win.; Fire Alarm Sys.; Security System
Exterior Amenities: Handic. Access; Landscaped
Occupancy: Totally Leased
Management: Mgmt. Co.
Construction: One Story; Frame; Masonry
Roof: Asphalt Shingle; Pitched
Heating: Central; Natural Gas
Cooling: Central Air; Gas
Utilities: City Water; Electric; Natural Gas; Primary Meter; Sewer; Telephone
Lot Street Imprvmnts: Alley; Curbs; Paved Parking; Sidewalks; St-Blacktop
Location: Downtown; Freestanding
Freeway Turn Time: 10-19 Min
Listing Office: Coldwell Banker Northland
Last Updated: September - 06 - 2024
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