301 Route 66Williams, AZ 86046

Property Details for 301 Route 66

Year built

1956

Construction

CONCRETE

Lot size

0.08 AC

Property size (Sq ft)

3,575 SF

Property type

Retail properties

Property subtype

Bars

APN

200-07-008

APU

20007008

Description

This exceptional restaurant opportunity presents a thriving business located at 301 E Rte 66 in Williams, Arizona, within Coconino County (zip code 86046). The property, identified as Rod's Steak House, boasts a substantial 8,485 square feet of space, perfectly suited for continued restaurant operations or potential redevelopment. The asking price is $1,249,000, translating to a price per square foot of $176.66. This represents a significant investment in a high-traffic location along the iconic Route 66, a major tourist destination. The property's prime location ensures high visibility and accessibility, attracting a consistent flow of customers. The existing infrastructure provides a solid foundation for immediate operation or future customization to suit a variety of culinary concepts. Detailed financial records and operational data are available upon request. This is a rare opportunity to acquire a well-established restaurant in a vibrant and growing tourist town. The property's size and location offer substantial potential for increased revenue and profitability. Serious inquiries are encouraged to explore this lucrative investment prospect further. The property is categorized as retail, specifically a restaurant, and is situated at latitude 35.2517606 and longitude -112.1849977.

• CAP approach

  CAP return

  Valuation

  6%

  $842,487

  6.5%

  $777,680

  7%

  $722,132

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,388,737

  Geo Method

  $1,388,737

• Alternative Use

  Use

  Valuation

  Residential

  $656,002

  Hospitality

  $600,895

  Educational

  $499,937

  Medical

  $517,131

  Retail

  $777,680

Location Insight

City

Williams

County

Coconino

State

Arizona

Latitude

35.2519

Longitude

-112.185

CBSA code

22380

CBSA name

FLAGSTAFF, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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