$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
Contract Info
List Price/SqFt: 217.58
Property Sub-Type: Office Building
Status: Closed
Listing Agreement Date: 2021-03-24
Sold Price: $1,050,000
Current Price: $1,050,000
Location, Tax & Legal
Region: 10 - North West City
APN: 10117002
Cross Street: Verde
Legal Description: Provided in escrow
Zoned: CB
Taxes: 14313
Tax Year: 2020
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
Location
Downtown: 1
Freestanding: 1
General Property Description
Year Built: 1978
Dimensions: 100 x 134
Acres: 0.31
Approx SqFt: 7813
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
Remarks & Misc
Directions: N. Verde to E. Birch Ave, property is on the right side one building in from the corner.
Status Change Info
Sold Price/SqFt: 134.39
Financing: Cash
Sold Date: 2021-11-30
Sold Price: $1,050,000
Exis Fee/Docs
Free & Clear: 1
To Show
CLO/KILO: 1
Terms of Sale
Cash: 1
CTM/Assump: 1
Lease Option: 1
Lease Pur.: 1
Leases
Net: 1
Util Pd by Tenant
CAM's: 1
Electricity: 1
Janitorial: 1
Nat. Gas: 1
RE Insurance: 1
RE Tax: 1
Snow Removal: 1
Trash Collect: 1
Water/Sewer: 1
Interior Amenities
Basement: 1
Duo-Pane Win.: 1
Fire Alarm Sys.: 1
Security System: 1
Docs on File
Aerial Photo: 1
Easements: 1
Flood Zone Info.: 1
Leases: 1
Legal Descrip.: 1
Exterior Amenities
Handic. Access: 1
Landscaped: 1
Lot Street Imprvmnts
Alley: 1
Curbs: 1
Paved Parking: 1
Sidewalks: 1
St-Blacktop: 1
Utilities
City Water: 1
Electric: 1
Natural Gas: 1
Primary Meter: 1
Sewer: 1
Telephone: 1
Occupancy
Totally Leased: 1
Heating
Central: 1
Natural Gas: 1
Cooling
Central Air: 1
Gas: 1
Management
Mgmt. Co.: 1
Construction
Masonry: 1
One Story: 1
Frame: 1
Roof
Asphalt Shingle: 1
Pitched: 1
Freeway Turn Time
10-19 Min: 1
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
IDX
Listing Office: Coldwell Banker Northland
Last Updated: September - 06 - 2024
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