604 N Beaver Street
Flagstaff, AZ 86001
MLS# 175114
1344 sqft

604 N Beaver Street, Flagstaff, AZ 86001
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604 N Beaver Street, Flagstaff, AZ 86001 604 N Beaver Street, Flagstaff, AZ 86001 604 N Beaver Street, Flagstaff, AZ 86001 604 N Beaver Street, Flagstaff, AZ 86001 604 N Beaver Street, Flagstaff, AZ 86001

Property Description
Great Location on the corner of Beaver Street and Fine Ave. FREE STANDING 1344 sq.ft. building with PARKING LOT. Lot is 7100 sq.ft. Property is Located between downtown Flagstaff and the Flagstaff Medical Center Currently Lease to October 1st, 2020 Remodel-updated 2009, handicap restroom, HVAC for heat and a/c. Very nice cared for building, possible future use as retail, office, service, medical and more. Excellent visibility...... Current Tenant (Susan's Pedi Spa) started her lease 10/01/14 and it ends in 09/30/2020. When the lease ends her final year of rent will be $2250 per month plus City of Flagstaff Commercial Rental Tax.

Contract Info
List Price: $497,000
Current Price: $497,000
List Price/SqFt: 369.79
Property Sub-Type: Commercial Mix Use
Location, Tax & Legal
County: Coconino
Region: 10 - North West City
Area: 145 - Flagstaff Townsite
APN: 101-08=023
Street #: 604
Direction: N
Street Name: Beaver
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Zip + 4: 86001
Cross Street: Fine Street
Legal Description: Northeast add, Blk74, Lot 13 & 14, sixteenth: SW Qtr. NW Section, 15T21N Range 7E
Zoned: C-2E
Taxes: 3565
Tax Year: 2017
Geo Lat: 35.203487
Geo Lon: -111.647296
Key Words
Sale/Rent: Sale
Net Op Inc: CLO
Cap Rate: CLO
Down Payment: Submit
Imprv Sz (Gross SF): 0 - 1,999
#Tenants/Units: 1 - 4
Land Size: 0 - .4 AC
Trade/Exchange: Not Applicable
General Property Description
Dimensions: 50 x 140 approx.
Acres: 0.16
Year Built: 1960
Approx SqFt: 1344
Remarks & Misc
Directions: North-East corner of Beaver Street and Fine Ave.
Status Change Info
Status: Active
Inc/Exp (Annual)
Grs Op Inc $: 25800
- Op Exp $: 5603
= Net Op Inc $: 20197
Cash on Cash %: 4.2
Rents NLSF $: 8.48
General Land Info
Other: City Zoning: C-2E
Lot Street Imprvmnts
Other: Zoning City: C-2E
Property Features
To Show: CLO/KILO; Drive By/Don't Enter; No Sign on Prop.; Special/CLO
Terms of Sale: Cash; Refinance; Submit
Exis Fee/Docs: Free & Clear
Leases: 1 Yr. +; Net
Util Pd by Tenant: Electricity; Janitorial; Nat. Gas; Trash Collect; Water/Sewer
Docs on File: Leases; Legal Descrip.; Survey
Flood Zone: D-Undetermined
Interior Amenities: Display Window; Security System; Showroom
Occupancy: Totally Leased
Management: Owner
Construction: One Story; Concrete; Frame; Masonry
Roof: Pitched
Heating/Cooling: Central A/C; Central Htg
Utilities: City Water; Electric; Natural Gas; Sewer; Telephone
Lot Street Imprvmnts: Curbs; Paved Parking; Sidewalks; St-Blacktop
Location: Corner Lot; Downtown; Freestanding
Freeway Turn Time: 5-9 Min
Possession: COE +

Listing Office: First Commercial R E of N A

Last Updated: April - 29 - 2019

604 N Beaver Street, Flagstaff, AZ 86001 - MLS# 175114

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Friday 24th of May 2019 07:17 AM