321 N STATE ROUTE 89A, Sedona, AZ 86336

$8,652,000

Property Type: Comm/Industry Sale Square Footage: 8,212 Lot Size (sq. ft.): 16,265 Status: Active

Current Price: $8,652,000 List Date: 2/05/2025 Last Modified: 2/05/2025

Description

Introducing a prime retail investment opportunity in the heart of Sedona, Arizona. This 8,212 SF free-standing building, constructed in 1958, consists of four units and boasts 100% occupancy with four seasoned and quality tenants. Strategically positioned on a high-visibility site in the Uptown Sedona area, this property benefits from its HC (Highway Commercial) zoning, ideal for attracting a diverse range of retail businesses. With ample parking, this property presents a compelling opportunity for investors seeking a foothold in Sedona's thriving retail market. Seller financing may be available.

More Information MLS# 6815923

Contract Info

Current Price: $8,652,000 List Price: $8,652,000 Status: Active List Date: 2025-02-02 Ownership: Fee Simple

Location Tax Legal

House Number: 321 Compass: N Street Name: STATE ROUTE 89A St Suffix: -- City/Town Code: Sedona State/Province: AZ Zip Code: 86336 Zip4: 4252 Country: US County Code: Coconino Assessor Number: 401-13-056-A Tax Year: 2024

General Property Description

Ttl Apx SqFt Bldg: 8212 # of Buildings: 1 Year Built: 1958 Uncvrd Parking Spcs: 25 Zoning: HC

Remarks Misc

Cross Street: 89A Directions: West side of the road in Uptown Sedona. Geo Lat: 34.871421 Geo Lon: -111.759964

Status Change Info

Status Change Date: 2025-02-05

Legal Info

Township: 17N Range: 06E Section: 08 Lot Number: A

Income Expenses

Gross Annual Sch Inc: 451564 Net Operating Income: 427849

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Building Type: Commercial Business Type: Restaurant; Retail; Food Service Stories: 2 Stories Construction: Block; Stucco; Frame - Wood Roofing: Rolled Floors: Vinyl; Sealed; Ceramic Tile Ceiling Height: 8 Feet or Less Heating: Natural Gas Cooling: Central Air Loading Facilities: None Interior: Finished Exterior: Corner Lot; Building Sign Fencing: None Amenities: Kitchen Parking Features: Free; Private Electric: APS Gas: Unisource Water Source: Master Meter Sewer: Sewer - Public New Financing: Cash Only; Owner May Carry Showing Notification Methods: Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Other (See Rmks) Environmental: None

Listing Office: Da Vinci Realty, LLC

Last Updated: February - 05 - 2025

321 N STATE ROUTE 89A, Sedona, AZ 86336 (MLS# 6815923)