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101 S MILTON Road Flagstaff, AZ $ 3,300,000
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$ 3,300,000 Get more info
101 S MILTON Road
$ 3,300,000
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Share Save

101 S MILTON Road

Flagstaff, AZ, 86001
$ 3,300,000
Baths0.0 Sq 5,343

Monthly Estimate*

$ 23,051

101 S MILTON Road, Flagstaff, AZ 86001 - Image 1
101 S MILTON Road, Flagstaff, AZ 86001 - Image 2
101 S MILTON Road, Flagstaff, AZ 86001 - Image 3
101 S MILTON Road, Flagstaff, AZ 86001 - Image 4
101 S MILTON Road, Flagstaff, AZ 86001 - Image 5
Studio

Commercial Property for sale in Flagstaff, AZ

for $3,300,000. This 5,343 square foot building was built in 1964 on a lot size of 0.37.

Stand alone retail building on desirable Milton Corridor in Flagstaff directly across from Northern Arizona University and The Jack, a 591 bed student housing apartment complex. This property has over 140 feet of frontage on Milton Rd. An additional 7,000 square feet of improvements could be developed on the property (buyer to verify with the City of Flagstaff). Building is 100% occupied by long-time tenants. 4.86 % Cap Rate based upon projected market rents of $2.50 per square foot NNN. Landlord has the right to ''Buy Out'' upon sale of the property per the leases. Location, Location, Location! 3 parcels-100-37-003B, 100-37-004A, & 100-37-005

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Commercial Active

Price

$ 3,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,072

Style

Comm/Industry Sale

Lot Size

0.37

Year Built

1964

Town/City

Flagstaff

County/Region

Coconino

MLS | Web ID

6572079
Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Office Evap Central A/C
Roof Rolled/Hot Mop
Zoning HC
Construction Materials Block
Year Built 1964
Electric APS
Township 21N
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 160290.0
Business Type Retail PAD
County Coconino
Net Operating Income 160271.0
Property Type Comm/Industry Sale
Attached Garage N
Subdivision Name FLAGSTAFF TOWNSITE
Building Features Showroom Display Window(s)
Status Active
Directions Property is located on the desirable Milton Road Corridor across from Northern Arizona University in Flagstaff AZ. Walking distance to multiple retailers restaurants bus and train stations.
City Flagstaff
Buyer Agent Compensation 3.00
Disclosures Other (See Remarks)
View Y/N N
Open Parking Spaces 10.0
Lot Size Square Feet 16117.0
Carport Y/N N
Street Name MILTON
Tax Annual Amount 4072.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 310
Structure Type Commercial
Standard Status Active
Occupancy Description Tenant
Tax Lot 17-23
Cap Rate 4.86
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community N
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Interior
Flooring Carpet Vinyl
Street Suffix Road
Electric On Property Y/N N
Total Baths 0
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Exterior
Fencing Chain Link
Parking Features Paved Parking Free
Water Source City Franchise
Total Parking 10.0
Lot Size Area 16117.0
Number of Buildings 1
Spa N
Lot Size Acres 0.37
Road Surface Type Asphalt Curb(s) & Gutter(s) Sidewalk(s) Alley
Lot Size Units Square Feet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 101
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* Excluded Features
List By
Da Vinci Realty, Llc

Broker

leslie@davincirealty.com

Email

Affordability Calculator

$23,391
Per Month
99%
1%
0%
Monthly Principal & Interest
$23,051
Monthly Property Taxes
$339
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
260072 Elementary School
263420 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/23/2023$3,300,000 Listed Price

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101 S MILTON Road, Flagstaff, AZ, 86001 is a Commercial Property for sale at $3,300,000 with 5,343 sqft and a lot size of 0.37. 101 S MILTON Road is a studio with 0.0 baths and was built in 1964. The property's zip code is 86001 which is in Flagstaff, AZ

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