$795,000
$55,000
24 S Mikes Pike Street
Flagstaff, AZ 86001
MLS# 173533
3200 sqft


24 S Mikes Pike Street, Flagstaff, AZ 86001
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Property Description
High-demand Southside commercial property, located directly across the street from the HUB student housing structure (now open with over 600 beds). Hard corner, .25 acre lot consisting of two separate buildings with parking and yard space in a mixed use neighborhood experiencing tremendous growth and development; Northern Arizona University has purchased property down the street for expansion and a new hotel is under construction one block down on Milton and Mike's Pike. PRIME commercial land for infill redevelopment, in what is has become a high traffic and pedestrian friendly thoroughfare. Existing tenants in both buildings on short term NNN leases. Contact listing office for lease information and showings. Property to be sold as-is.

Details
Contract Info
List Price: $795,000
Current Price: $795,000
List Price/SqFt: 248.43
Property Sub-Type: Retail Building
List Date: 2018-05-07
Location, Tax & Legal
County: Coconino
Region: 10 - North West City
Area: 160 - Southside/ Brannen
APN: 10040007D
Street #: 24
Direction: S
Street Name: Mikes Pike
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Cross Street: Cottage
Legal Description: To be provided
Zoned: CS
Taxes: 2635
Tax Year: 2018
Geo Lat: 35.196283
Geo Lon: -111.652791
Key Words
Sale/Rent: Sale
Net Op Inc: CLO
Cap Rate: CLO
Down Payment: Submit
Imprv Sz (Gross SF): 2,000 - 4,999
#Tenants/Units: 1 - 4
Land Size: 0 - .4 AC
Trade/Exchange: Submit
General Property Description
Acres: 0.25
Approx SqFt: 3200
# Docks: 1
# OH Doors: 3
Door Height: 10
Remarks & Misc
Directions: L-shaped parcel located on the corner of S. Mike's Pike and W. Cottage Ave.
Status Change Info
Status: Active
Leases
Other: Less than a year
Roof
Other: asphalt membrane
Property Features
To Show: CLO/KILO
Terms of Sale: Cash; CTM/Assump; Submit
Leases: Net
Util Pd by Tenant: CAM's; Electricity; Janitorial; Nat. Gas; RE Insurance; RE Tax; Snow Removal; Trash Collect
General Land Info: Deposits
Docs on File: Easements; Flood Zone Info.; Leases; Legal Descrip.; Security Deposits
Interior Amenities: Shop
Exterior Amenities: Auto Bays; Fenced; Loading Docks
Occupancy: Totally Leased
Management: Owner
Construction: One Story; Frame; Masonry; Metal/Steel
Roof: Asphalt Shingle; Pitched
Heating/Cooling: Central Htg; Gas
Utilities: City Water; Electric; Indiv Metered; Natural Gas; Sewer; Telephone
Lot Street Imprvmnts: Curbs; Sidewalks; St-Blacktop; Unpaved Parking
Location: Corner Lot; Downtown; Freestanding
Freeway Turn Time: 5-9 Min
Possession: COE +

Listing Office: da Vinci Realty

Last Updated: September - 05 - 2019

24 S Mikes Pike Street, Flagstaff, AZ 86001 - MLS# 173533

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Saturday 21st of September 2019 12:42 AM