Williams, AZ 86046,402 E ROUTE 66 Route
Williams, AZ 86046,402 E ROUTE 66 Route
Williams, AZ 86046,402 E ROUTE 66 Route
$1,000,000
Est. payment /mo
$1,300,000
23.1%
Est.Price: ?

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SOLD DATE : 06/21/2024

Key Details

Sold Price $1,000,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Taber Addition

MLS Listing ID 6643623

Sold Date 06/21/24

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1945

Annual Tax Amount $8,745

Tax Year 2023

Property Description

Exceptional Business Opportunity in the Heart of Williams!Unlock your potential as a business owner with this prime property featuring 5 Airbnb units, with the ability to expand to 8 units, and potentially even 9! Nestled on the bustling main drag in Williams, this building offers 2-bedroom units, each equipped with a full kitchen and washer/dryer—perfect for extended stays. Immerse yourself in the lively atmosphere of Williams, and enjoy the convenience of witnessing parades from the comfort of your own room. Designed for maximum comfort, each unit boasts full bathrooms, accommodating 6 to 8 people. The versatility of the space allows for creative conversions, with two units spacious enough to be easily split into two. Upstairs, a generous open space awaits transformation into additional rental space, presenting the prospect of a total of 9 lucrative units.

Capitalizing on the strategic location, renting each unit at $285.00 per night promises a substantial income. With the potential to achieve a 5% CAP rate, this investment opportunity is further bolstered by Williams' status as the Gateway to the Grand Canyon, drawing in 6 million visitors annually. Benefit from the town's proactive support for local businesses, as Williams thrives on catering to the tourism industry.

Join the vibrant community of Williams, where dreams are big, and opportunities are rare. Seize this chance to acquire a property in a town where real estate is seldom available. Act now and become a part of this dynamic, growing community, surrounded by new breweries, restaurants, and local shops tailored exclusively for the thriving tourism market. Don't miss out on this unique investment in the Gateway to the Grand Canyon!

Location

State AZ

County Coconino

Community Taber Addition

Zoning Commercial

Direction From I-40 use exit 65 turn south on Old Route 66, at Lewis Street turn left proceed one block south on Lewis street The building is right on the corner of Route 66 and Lewis Street.

Interior

Heating 2 or More Units, Electric, Natural Gas

Cooling None

Flooring Carpet, Ceramic Tile, Vinyl, Concrete

Exterior

Garage Paved Parking, Private Parking

Fence Chain Link, Partial

Waterfront No

Roof Type Composition

Parking Type Paved Parking, Private Parking

Total Parking Spaces 12

Building

Sewer Public Sewer

Water City Franchise

Others

Senior Community No

Tax ID 200-07-021-A

Financing Other

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Arizona Regional MLS (ARMLS)
Listed by HomeSmart
Bought with West USA Realty

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Kodi Riddle

+1(480) 624-8019

Associate Broker / Owner | License ID: BR514965000

Associate Broker / Owner License ID: BR514965000

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