2217 E Cedar Avenue, Flagstaff, AZ 86004

$675,000
Property Type: Comm/Industry Square Footage: 2,074 Status: Closed
Current Price: $675,000 List Date: 7/25/2023 Last Modified: 9/06/2024

Overview

Description

SELLER MOTIVATED!! Offering seller carryback financing at 5.75% with $250k down. Very well maintained newer construction stand alone office building on a high traffic count street with great exposure. The building is nearby to five schools, shopping and restaurants. It is just a quick drive to anywhere in town as well as freeway access. Currently setup as a shared work space multi tenant property with month to month leases. Many of the tenants have been there for years. Great property for investment or owner occupied business.

Listing Details MLS# 194109

Location, Tax & Legal

County
Coconino
Area
400 - Sunnyside
Street #
2217
Direction
E
Street Name
Cedar
Suffix
Avenue
City/Town Code
Flagstaff
State/Province
AZ
Zip Code
86004

Contract Info

Public Marketing Date
2023-07-25
List Price/SqFt
376.08
Property Sub-Type
Office

Key Words

Sale/Rent Description
SALE
Net Op Inc
$40,000 - 59,999
Cap Rate
1 - 7.9%
Down Payment
$150,000+
Imprv Sz (Gross SF)
2,000 - 4,999
#Tenants/Units
5 - 9
Land Size
0 - .4 AC
Trade/Exchange
Not Applicable

General Property Description

Year Built
2007
Approx SqFt
2074

Status Change Info

Sold Date
2023-09-22
Sold Price/SqFt
325.45
Financing
Owner Carry 1st

To Show

Other
Call Listing Agent

More Information

Flood Zone

Other
Zone x-minimal flood

Utilities

Other
Hard Wired Generator

Property Features

Zoning - County: RC To Show: Drive By/Don't Enter; No Sign on Prop. Terms of Sale: Cash; OMC; OMC w/Balloon Leases: Month To Month; Gross General Land Info: Deposits Docs on File: Leases; Security Deposits Flood Zone: C-Minimal Interior Amenities: Duo-Pane Win.; Security System Exterior Amenities: Landscaped; Sprinkler System Occupancy: Owner Occupied; Partially Leased Management: Owner Construction: Two Story; Frame; Stone; Wired to Code Roof: Asphalt Shingle Heating: Central; Natural Gas Cooling: Central Air Utilities: Cable Available; City Water; Electricity Available; Natural Gas; Phone Available; Sewer Lot Street Imprvmnts: Curbs; Paved Parking; Sidewalks; St-Blacktop Location: Freestanding Freeway Turn Time: 5-9 Min Possession: By Agreement; COE +
IDX
Listing Office: West USA Realty Flagstaff
Source MLS Verified
Last Updated: September - 06 - 2024
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