For Sale
$1,500,000

909 Andy Devine AveKingman, AZ 86401

Historic Kingman, AZ motel, 46 units, value-add

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional value-add investment opportunity presents a chance to own a piece of Route 66 history. Located in the heart of historic downtown Kingman, Arizona, this 46-unit motel, built in 1982, sits on a 0.95-acre lot (APN 303-12-078) and offers significant potential for revitalization. The property boasts a total of 16,724 square feet and is comprised of a diverse unit mix including one two-bedroom/two-bathroom unit, five one-bedroom/one-bathroom units, and forty studio apartments. Currently operating with weekly and monthly rental agreements, the property's condition varies, with some units having undergone minor renovations while others require substantial work. The property's C-3 zoning (Commercial: Service Business) allows for a range of uses. Its prime location near shops, restaurants, and local attractions makes it ideally positioned to capitalize on Kingman's tourism. The asking price for this two-story building is $1,500,000. This is a rare chance to acquire a significant property on the iconic Route 66 and create a thriving hospitality business. The property's existing rental income stream provides a solid foundation for future growth and development. Investors seeking a hands-on project with high upside potential will find this opportunity compelling.

Highlights

  • Route 66 motel, 46 units, Kingman, AZ.
  • 0.95-acre lot (APN 303-12-078), 16,724 sq ft.
  • Unit mix: 1 two-bedroom/two-bathroom, 5 one-bedroom/one-bathroom, 40 studios.
  • $1,500,000 asking price.
  • C-3 zoning (Commercial: Service Business).

Property Details for 909 Andy Devine Ave

Property type
Specialty properties, Hospitality properties
Square Feet
16,724 SF
Year Built
1982
Stories
2
Lot Size (sq. ft)
41,382 SF
Units
46

Location Insight

City
Kingman
County
Mohave
State
Arizona
Latitude
35.1868817
Longitude
-114.0433856
909 Andy Devine Ave, Kingman, Arizona

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909 Andy Devine Ave
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