309 N Humphreys Street, Flagstaff, AZ 86001 (MLS# 205589)

309 N Humphreys Street, Flagstaff, AZ 86001

$1,490,000
Property Type: Comm/Industry Square Footage: 3,648 Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $1,490,000 List Date: 8/07/2026 Last Modified: 9/23/2026

Overview

Description

Discover a rare investment opportunity in the heart of Historic Downtown Flagstaff. The iconic circa 1906 Lindemann House occupies a high-profile corner lot and includes an expansive paved parking lot--an exceptional amenity in downtown Flagstaff. Rich in history, character, and income potential, this unique property offers flexibility for investors, business owners, or those seeking a mixed-use opportunity. The property features five residential units, including two 2-bedroom, 1-bath apartments, two 1-bedroom, 1-bath apartments, and one studio apartment. Currently operated with a combination of short- and long-term rentals, all units are transitioning to long-term rentals, providing stable income with additional upside potential.

Supplements: SELLER FINANCING is available to qualified Buyers, and the Seller prefers a Seller Financed sale. Flagstaff's desirable Community Commercial (CC) zoning allows for a wide variety of commercial and residential uses. Over the years, the property has successfully housed a retail running store, hair salon, attorney's office, engineering office, and re ...

Listing Details MLS# 205589

Location, Tax & Legal

County
Coconino
Area
145 - Flagstaff Townsite
Street #
309
Direction
N
Street Name
Humphreys
Suffix
Street
City/Town Code
Flagstaff
State/Province
AZ
Zip Code
86001

Contract Info

Public Marketing Date
2026-08-07
List Price/SqFt
408.44
For Lease YN
No
Owner/Agent
Yes
Property Sub-Type
Other/Misc

Key Words

Sale/Rent Description
For Sale
Net Op Inc
$100,000 - 499,999
Cap Rate
1 - 7.9%
Down Payment
Submit
Imprv Sz (Gross SF)
2,000 - 4,999
#Tenants/Units
5 - 9
Land Size
0 - .4 AC
Trade/Exchange
Not Applicable

General Property Description

Dimensions
Irreg approx 78' x 134'
Acres
0.25
Ground Lease YN
No
Year Built
1943
Approx SqFt
3648

To Show

Other
Call Owner/Agent

Leases

Other
STR

More Information

Util Pd by Tenant

Other
Internet

Flood Zone

Other
AE & X

Interior Amenities

Other
Portable A/C units

Property Features

To Show: No Sign on Prop. Terms of Sale: 1031 Exchange; Cash; OMC w/Balloon; Refinance Leases: Month To Month; 12+ Months Docs on File: Aerial Photo; Leases; Legal Descrip. Interior Amenities: Basement; Duo-Pane Win.; Fire Alarm Sys.; Laundry; Living Qtrs. Exterior Amenities: Landscaped Occupancy: Totally Leased Management: Owner Construction: Two Story; Frame; Stucco; Wired to Code Roof: Asphalt Shingle; Pitched Heating: Natural Gas; Other; Other Cooling: Other Utilities: Cable Available; City Water; Electricity Available; Natural Gas; Phone Available; Primary Meter; Sewer Lot Street Imprvmnts: Alley; Curbs; Paved Parking; Sidewalks; St-Blacktop Location: Corner Lot; Downtown; Freestanding Freeway Turn Time: 5-9 Min Possession: See Remarks
IDX
Listing Office: Linton Real Estate
Source MLS Verified
Last Updated: September - 23 - 2026
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