For Sale
$5,200,000

15 San Francisco StFlagstaff, AZ 86001

Historic building, high traffic, strong tenants

Overview

Added:
Feb 3
Days on market:
63
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.

Property Details for 15 San Francisco St

Property type
Square Feet
19,168 SF
Year Built
1950
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Flagstaff
County
Coconino
State
Arizona
Latitude
35.19783
Longitude
-111.6479
15 San Francisco St, Flagstaff, Arizona

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15 San Francisco St
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