135 W Rte 66, Williams, AZ 86046 (MLS# 206433)

135 W Rte 66, Williams, AZ 86046

$1,500,000

Building in the middle, in red. Right on Rt 66

prep area for employees on the east side of dining room

back deck, stairs coming from apartments, leading down to alley way behind building.

Property Type: Comm/Industry Square Footage: 4,791 Lot Size (sq. ft.): 3,485 Status: Active

Current Price: $1,500,000 List Date: 10/27/2026 Last Modified: 10/27/2026

Overview

Description

Route 66 mixed-use building with income in place. Ground floor restaurant tenant on a lease through 2032, with tenant contributing toward property taxes and liability insurance. Upstairs is gutted with plans for four apartments or hotel rooms, and framing for three units is already in place. Grandfathered by the City of Williams, so the upstairs can be remodeled now and is not affected by the current moratorium. Owner has maintained separate water and electric for the upstairs. Separate upstairs entrances in front on Route 66 and in back by the parking. New sewer line in 2025, furnace less than 10 years old, foam spray roof (2013) recoated about five years ago. Plenty of storage and three parking spaces in back. A strong opportunity in Williams, the Gateway to the Grand Canyon.

Listing Details MLS# 206433

Location, Tax & Legal

County: Coconino
Area: 910 - Williams City
Street #: 135
Direction: W
Street Name: Rte 66
City/Town Code: Williams
State/Province: AZ
Zip Code: 86046

Contract Info

Public Marketing Date: 2026-10-27
List Price/SqFt: 313.09
For Lease YN: No
Owner/Agent: No
Property Sub-Type: Commercial Mix Use

Key Words

Sale/Rent Description: Sale
Net Op Inc: $5,000 - 9,999
Cap Rate: 1 - 7.9%
Down Payment: Submit
Imprv Sz (Gross SF): 2,000 - 4,999
#Tenants/Units: 5 - 9
Land Size: .5 - .9 AC
Trade/Exchange: Not Applicable

General Property Description

Acres: 0.08
Ground Lease YN: No
Approx SqFt: 4791

Exterior Amenities

Other: Rt 66

Roof

Other: Rolled

More Information

Property Features

Terms of Sale: Cash; OMC; Submit Leases: Month To Month; 12+ Months Util Pd by Tenant: Electricity; Nat. Gas; RE Insurance; RE Tax; Trash Collect; Water/Sewer Docs on File: Leases Interior Amenities: Living Qtrs. Occupancy: Partially Leased Management: Owner Construction: Two Story; Stone Heating: Natural Gas Cooling: Central Air Utilities: Cable Available; City Water; Electricity Available; Natural Gas; Phone Available; Sewer Lot Street Imprvmnts: Alley Location: Downtown Freeway Turn Time: 1-4 Min Possession: COE +

IDX

Listing Office: Compass

Last Updated: October - 27 - 2026