55 Cleveland StSaint Johns, AZ 85936

This unique Saint Johns, Arizona property, located at 55 E Cleveland St, presents a compelling value-add investment opportunity. The 12,000 square foot mixed-use property, encompassing five buildings and a courtyard on a 0.29-acre lot (APN 203-36-147A), offers significant potential. Currently zoned C-1, it allows for a variety of uses, including light manufacturing, storage, retail, restaurant, or even conversion to multifamily units. The main 4,800 square foot building features a storefront currently adapted into multiple bedrooms and bathrooms, suggesting potential for live-work arrangements. The property's net rentable area is 4,805 square feet, with an asking price of $287,000 ($23.92/sq ft). Built in 1946, the property includes two units and is classified as Class D. Cash offers are preferred. The property is currently listed below the county's assessed full cash value. Please note that the front of the main building appears newer than the stated year of construction. Do not disturb tenants. This distressed property is offered as a private sale.