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116 S 1st Street, Williams, AZ 86046

$1,909,000

Property Type: Comm/Industry Square Footage: 6,448 Lot Size (sq. ft.): 10,454 Status: Active

Current Price: $1,909,000 List Date: 4/06/2026 Last Modified: 10/10/2026

Overview

Description

In the heart of downtown Williams, AZ, this high performing investment property offers a rare blend of stability and growth. The asset includes two commercial office buildings and five residential apartment units, with two of the residential units being newly constructed. Residents enjoy a fenced parking area and private courtyard, with one unit equipped with a modern EV charging station. The commercial spaces benefit from convenient on-street parking, adding to their tenant appeal. The residential units are fully occupied with zero vacancy and a strong waiting list, highlighting the high demand and limited rental supply in the area. Located just minutes from major attractions like Bearizona, Canyon Coaster Park, and the Grand Canyon Railway. https://112-116-n-1st-st-williams-az.huzi.site

Listing Details MLS# 203953

Location, Tax & Legal

County: Coconino
Area: 910 - Williams City
Street #: 116
Direction: S
Street Name: 1st
Suffix: Street
City/Town Code: Williams
State/Province: AZ
Zip Code: 86046

Contract Info

Public Marketing Date: 2026-04-03
List Price/SqFt: 296.06
For Lease YN: No
Owner/Agent: No
Property Sub-Type: Commercial Mix Use

Key Words

Sale/Rent Description: Sale
Net Op Inc: $100,000 - 499,999
Cap Rate: 1 - 7.9%
Down Payment: Submit
Imprv Sz (Gross SF): 5,000 - 11,999
#Tenants/Units: 5 - 9
Land Size: 0 - .4 AC
Trade/Exchange: Submit

General Property Description

Acres: 0.24
Ground Lease YN: No
Approx SqFt: 6448

More Information

Property Features

To Show: CLO/KILO Terms of Sale: 1031 Exchange; Cash; Submit Leases: 12+ Months; Net Util Pd by Tenant: Cable TV; CAM's; Electricity; RE Insurance; RE Tax; Water/Sewer Docs on File: Aerial Photo Flood Zone: None Interior Amenities: Laundry; Shop Exterior Amenities: Fenced; Landscaped Occupancy: Totally Leased Management: Owner Construction: Two Story; Concrete; Frame; New Constr. Roof: Asphalt Shingle Heating: Central; Electric Utilities: (2 Phase); Cable Available; City Water; Electricity Available; Natural Gas; Sewer Lot Street Imprvmnts: Alley; Curbs; Paved Parking; Sidewalks Location: Downtown; Freestanding Freeway Turn Time: 1-4 Min Possession: COE +