2109 Cedar AveFlagstaff, AZ 86004
- Other commercial real estate
- 1,800 SF
Property Details for 2109 Cedar Ave
- Year built
- 1950
- Construction
- STEEL FRAME
- Lot size
- 0.18 AC
- Property size (Sq ft)
- 1,800 SF
- Property type
- Other commercial real estate
- APN
- 109-08-162
- APU
- 10908162
Description
This exceptional Flagstaff investment opportunity encompasses three parcels totaling 23,441 square feet (0.54 acres) strategically located at 2109 E. Cedar Avenue, 3008 North Main Street, and 3012 North Main Street. The main parcel, 2109 E. Cedar Avenue, features a substantial commercial building of approximately 2,200 square feet (2,280 square feet per appraisal) situated on a 7,233 square foot lot. This building presents immediate income potential or the opportunity for extensive renovation and repositioning. The remaining two parcels, 3008 and 3012 North Main Street, comprise approximately 16,208 square feet of land and include two older storage buildings totaling approximately 2,652 square feet. These buildings offer versatile options for redevelopment, expansion, or continued use as storage. The combined asking price for all three parcels is $875,000. However, the owner is open to selling the parcels individually. The 2109 E. Cedar Avenue parcel is offered at $525,000, while the 3008 and 3012 North Main Street parcels are priced at $425,000. Furthermore, the owner may consider owner financing with a one-third cash down payment. This presents a unique opportunity for investors seeking a diverse portfolio or a single, strategically located property in a thriving Flagstaff market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $330,295
- Hospitality
- $302,548
- Educational
- $251,717
- Medical
- $260,374
- Retail
- $391,559
Location Insight
- City
- Flagstaff
- County
- Coconino
- State
- Arizona
- Latitude
- 35.2178
- Longitude
- -111.618
- CBSA code
- 22380
- CBSA name
- FLAGSTAFF, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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