101 S Milton Rd is a $2,925,000, 5,343 square foot home on a 0.37 acre lot located in Flagstaff, AZ.
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. 5.48 % 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!All 3 parcels-100-37-003B, 100-37-004A, & 100-37-005
Appliances | Water Heater - Electric |
Interior Features | Floors - Carpet Bathrooms (Commercial) - Single Commercial Amenities - None Internal Amenities (Commercial) - None |
Cooling Types | Refrigeration/Central Evaporative Cooling |
Parking Types | Parking Spaces (Commercial) - 10-19 Cars |
Exterior Features | Road Access - City Road Access - Paved Road Maintenance - City Maintained Utilities Included or Installed - Electricity Utilities Included or Installed - Natural Gas External Amenities - Handicap Access Management (Commercial) - Management Company |
Construction Types | Block |
Sewer | On-Site Water Treatment - None Utilities Included or Installed - Sewer (Public) |
Property Type | Family-Less Than 1/2 Acre |
Property Sub Type | Commercial |
Style | Type Building (Commercial) - 2-4 Units Type Building (Commercial) - Retail |
Year Built | 1964 |
Attribution Contact | (928) 779-3800 |
Taxes | $4,072.00 |
County | coconino |
Neighborhood | Commercial Only |
Based on information from the Sedona Verde Valley Association of REALTORS® Multiple Listing Service, last updated 12/07/2023 at 02:25pm MST. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.