15 N San Francisco Street, Flagstaff, AZ 86001 (MLS# 186934)

$3,750,000
15 N San Francisco Street
Flagstaff, AZ 86001
MLS# 186934
Status: Closed
19168 sqft
15 N San Francisco Street, Flagstaff, AZ 86001
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Property Description
Own a vibrant part of Historic Downtown Flagstaff. The historic Nackard Building circa 1922 is a mix use building located in the heart of the downtown area 1/2 a block north of the Mother Road - Route 66. The anchor tenant is a locally owned premier outdoor outfitter. The building currently consists of 25 fully leased spaces of varying sizes. Here you will find an eclectic mix of retail, office space and artist's lofts along with 5 short and long term residential penthouse suites. There is also a separate owner's office space. This three-story retail, office and apartment building plus basement space is a landmark in this Historic District. A unique combination located in a building with a grand history and plenty more potential nestled in the heart of downtown Flagstaff.

Details
Maps
Contract Info
Status: Closed
Listing Agreement Date: 2021-08-06
Sold Price: $3,814,600
Current Price: $3,814,600
List Price/SqFt: 195.63
Property Sub-Type: Commercial Mix Use
Location Tax Legal
County: Coconino
Area: 145 - Flagstaff Townsite
Street #: 15
Direction: N
Street Name: San Francisco
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.197837
Geo Lon: -111.64811
Key Words
Sale/Rent: Sale
Net Op Inc: $100,000 - 499,999
Cap Rate: CLO
Down Payment: $150,000+
Imprv Sz (Gross SF): 12,000 - 19,999
#Tenants/Units: 20 - 49
Land Size: 0 - .4 AC
Trade/Exchange: Not Applicable
General Property Description
Dimensions: 141.9x50.14x141.99
Acres: 0.16
Year Built: 1922
Approx SqFt: 19168
Status Change Info
Sold Date: 2022-02-10
Sold Price: $3,814,600
Sold Price/SqFt: 199
Financing: Owner Carry 1st
To Show
Other: Contact Bruce Bourne
Util Pd by Tenant
Other: Elec - Asp Sports
Management
Other: STR Mgt
Roof
Other: New roof 2017
Heating
Other: Boiler/hydronic heat
Possession
Other: Tenants
Property Features
To Show: No Sign on Prop.
Terms of Sale: Cash; CTM/Assump; OMC; OMC w/Balloon
Leases: Mo. to Mo.; 1 Yr. +; Option/Renew
Docs on File: Aerial Photo; Current P & L; Leases; Legal Descrip.; Security Deposits
Flood Zone: B-500Yr
Interior Amenities: Basement; Display Window; Fire Alarm Sys.; Laundry; Living Qtrs.; Security System; Shop; Skylight; Sprinklers
Occupancy: Totally Leased
Management: Owner
Construction: Three Stories +; Frame; Masonry
Roof: Flat
Cooling: Evaporative Cooling; Individual A/C Units
Utilities: (2 Phase); City Water; Electric; Natural Gas; Sewer; Telephone
Lot Street Imprvmnts: Alley; Curbs; Sidewalks; St-Blacktop
Location: Downtown; Freestanding
Freeway Turn Time: 5-9 Min

Listing Office: Linton Real Estate

Last Updated: September - 06 - 2024

15 N San Francisco Street, Flagstaff, AZ 86001 - MLS# 186934

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