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$530,000
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Property Description
Located in the heart of historic Globe, Arizona, just one block from the highway on Oak and Pine Streets, this 7,924 sq ft mixed-use property offers exceptional potential for investors. Currently home to four diverse storefronts - including a dentist's office, tattoo parlor, beauty salon, and AA recovery center - the property generates a rental income of $59,692. Additionally, it features two fully operational AirBnB units, with the possibility to add three more for even greater return potential. With an attractive 9.38% cap rate, this property is a prime opportunity for investors seeking strong, stable returns. Don't miss your chance to own a piece of Globe's vibrant commercial district! OWNER MAY CARRY!
Full Property Details
Full Property Details for 140 W Oak St
General
- Sold For: $530,000
- HOA FEE: $600
- Taxes: $5 (2024)
- Status: Closed
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6868396
- Added to Site: 241 day(s) ago
Business
- Business Type: Professional/Office, Dental, Barber/Beauty, Other, See
Interior
- Flooring: Other, Vinyl, Wood
Parking
- Parking Features: Parking Lot, Free
Location
- County: Gila
- Township: 01N
- Subdivision: GLOBE TOWNSITE
- Cross Streets: Oak and Pine
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall/Window Air Conditioning, Heat Pump
- Heating Type: Heat Pump, 2 or More Units
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 2
- Structure Type: Commercial
- Exterior Const.: Block, Ducts Professionally Air-Sealed
- Roof: Composition, Rolled/Hot Mop
- Year Built: 1950
Unit Information
- Vacancy %: .14
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,183
- Zoning: Commercial
- Fencing (Description): Security
Financial Considerations
- Maint. Fee/Month: $600
- Tax Amount: $5
- Tax Year: 2024
Disclosures and Reports
- Legal Description: LOTS 7 8 N 20 FT LOT 9 BLOCK 83 GLOBE TOWNSITE
- Property ID: 208-03-202
- Range: 15E
- Section: 25
- Lot Number: 7
Listed and Sold by Oak Realty
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Schools
Schools serving 140 W Oak St
School District:Globe Unified District
| Name | Grades | Distance |
|---|---|---|
Copper Rim Elementary School 1600 East Mesquite Street, Globe, AZ 85501 | PK-5 | 1 mi |
High Desert Middle School 4000 High Desert Drive, Globe, AZ 85501 | 6-8 | 2.7 mi |
Globe High School 437 South High Street, Globe, AZ 85501 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 140 W Oak St
Date
Details
Price
Change
Source
11/03/2025
Sold
$530,000
-7.02%
MLS
9/12/2025
Price Reduced
$570,000
-4.2%
MLS
8/08/2025
Price Reduced
$595,000
-0.67%
MLS
6/20/2025
Price Reduced
$599,000
-3.39%
MLS
5/19/2025
Listed
$620,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
140 W Oak Street, Globe, AZ 85501 (MLS# 6868396) is a Commercial property that was sold at $530,000 on November 03, 2025. Want to learn more about 140 W Oak Street? Do you have questions about finding other Commercial real estate for sale in Globe? You can browse all Globe real estate or contact a Coldwell Banker agent to request more information.

