15 San Francisco St Flagstaff, AZ 86001

This iconic, two-story building in downtown Flagstaff offers a unique investment opportunity. Spanning 19,168 square feet on a 0.16-acre lot at 15 N San Francisco Street, this mixed-use property boasts 4 retail spaces, 16 small offices, and 5 apartments. Its prime location at the entrance to downtown Flagstaff, directly on San Francisco Street and Route 66, ensures high visibility and foot traffic. The property benefits from strong, established tenants, including the popular Aspen Sports. Its proximity to Northern Arizona University (NAU), the Grand Canyon, and the Sawmill District (featuring Whole Foods, REI, and Wildflower Restaurant) attracts millions of annual visitors. Flagstaff's thriving tourism industry, with over 5.5 million visitors annually, many staying for multiple days, creates significant rental demand. The building is within walking distance of numerous dining, shopping, lodging, and entertainment options, including Heritage Square, which hosts various summer events. This adaptable asset presents a value-add opportunity for a strategic lease-up plan to further enhance its value. Easy access to Interstate 40 and the Flagstaff Amtrak station adds to its appeal. The property offers a blend of short-term and long-term rental potential, capitalizing on Flagstaff's popularity as a regional and tourist destination. This is a cash-flowing property with a proven track record.