-
101 S MILTON RD FLAGSTAFF, AZ 86001
- Commercial / Resale (MLS)
Property Details for 101 S MILTON RD, FLAGSTAFF, AZ 86001
Features
- Price/sqft: $480
- Lot Size: 6922 sq. ft.
- Stories: 100
- Heating: Forced Air Heating
- Construction Type: Concrete
- Exterior Walls: Masonry
Facts
- Year Built: 01/01/1966
- Property ID: 873309428
- MLS Number: 533425
- Parcel Number: R0029234
- Property Type: Commercial
- County: COCONINO
- Legal Description: SUBDIVISION: FLAGSTAFF TOWNSITE BLOCK: 1Y N 57 FT LOTS 17 TO 23 EXC THAT POR OF LOTS 21-23 DEEDED TO FLAGSTAFF IN BK 38 P 42 SIXTEENTH: SW QUARTER: SE SECTION: 16 TOWNSHIP: 21N RANGE: 07E
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Stand alone retail building on desirable Milton Corridor in Flagstaffdirectly across from Northern Arizona University and The Jack, a 591bed student housing apartment complex. This property has over 140feet of frontage on Milton Rd. An additional 7,000 square feet ofimprovements could be developed on the property (buyer to verify withthe City of Flagstaff). Building is 100% occupied by long-time tenants atbelow market rents. 7.5 % Cap Rate based upon projected market rentsof $36.00 per square foot NNN. Landlord has the right to ''Buy Out'' uponsale of the property per the leases which would allow for buyer to bringrents to market rates. Location, Location, Location!
Real Estate Professional In Your Area
Are you a Real Estate Agent?
Get Premium leads by becoming a RealtyStore.com preferred agent for listings in your area
Click here to view more details
Property Brokerage:
da Vinci Realty, LLC
111 E Aspen Ave #3
Flagstaff
AZ
86001
Copyright © 2024 Sedona Verde Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.