For Sale
$499,000

435 Linger LnWilliams, AZ 86046

Arizona landmark, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1,728 sq ft commercial property in Williams, Arizona, presents a unique investment opportunity. Built in 1976 and extensively renovated in 2023, this single-story building boasts a 100% occupancy rate and a strong NOI of $40,480, yielding an 8.11% cap rate. Currently operating as a highly-rated (4.9 stars) short-term vacation rental, generating $60,000 in gross revenue in 2023, the property offers significant upside potential. Situated on a one-acre lot (APN 50314096) zoned CG (Commercial General), it allows for diverse commercial and mixed uses. Recent improvements include a county-certified septic system, a rebuilt front porch, a new water main, 200-amp commercial electrical service, a commercial-grade kitchen, an ADA-compliant bathroom, and an upgraded water line from a 10,000-gallon water tank. A retrofitted fifth-wheel trailer, suitable for additional rental income, is included in the sale (or can be removed). All furniture, fixtures, and equipment (FF&E) may also convey. Located just 22 miles south of the Grand Canyon's south entrance, this property benefits from millions of annual tourist visits and high visibility from Highway 64. Seller financing is available with 30% down. This is a rare chance to acquire a piece of Arizona history with substantial income potential and flexibility for future development.

Highlights

  • Highly rated (4.9 stars) short-term vacation rental generating $60,000 gross revenue in 2023.
  • Extensive 2023 renovations including new septic system, porch, water main, 200-amp electrical service, commercial kitchen, ADA bathroom, and upgraded water lines.
  • Prime location 22 miles south of the Grand Canyon's South Entrance, benefiting from high tourist traffic.
  • High visibility from Highway 64.
  • 1-acre lot (APN 50314096) zoned CG (Commercial General), allowing for diverse uses.
  • Seller financing available with 30% down.

Property Details for 435 Linger Ln

Property type
Retail properties, Land
Square Feet
1,728 SF
Class
B
Year Built/Renovated
1976/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
43,560 SF
Units
1

Location Insight

City
Williams
County
Coconino
State
Arizona
Latitude
35.6513553
Longitude
-112.1365245
435 Linger Ln, Williams, Arizona

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435 Linger Ln
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