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$1,000,000
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Property Description
Exceptional Business Opportunity in the Heart of Williams!Unlock your potential as a business owner with this prime property featuring 5 Airbnb units, with the ability to expand to 8 units, and potentially even 9! Nestled on the bustling main drag in Williams, this building offers 2-bedroom units, each equipped with a full kitchen and washer/dryer-perfect for extended stays. Immerse yourself in the lively atmosphere of Williams, and enjoy the convenience of witnessing parades from the comfort of your own room. Designed for maximum comfort, each unit boasts full bathrooms, accommodating 6 to 8 people. The versatility of the space allows for creative conversions, with two units spacious enough to be easily split into two. Upstairs, a generous open space awaits transformation into additional rental space, presenting the prospect of a total of 9 lucrative units. Capitalizing on the strategic location, renting each unit at $285.00 per night promises a substantial income. With the potential to achieve a 5% CAP rate, this investment opportunity is further bolstered by Williams' status as the Gateway to the Grand Canyon, drawing in 6 million visitors annually. Benefit from the town's proactive support for local businesses, as Williams thrives on catering to the tourism industry. Join the vibrant community of Williams, where dreams are big, and opportunities are rare. Seize this chance to acquire a property in a town where real estate is seldom available. Act now and become a part of this dynamic, growing community, surrounded by new breweries, restaurants, and local shops tailored exclusively for the thriving tourism market. Don't miss out on this unique investment in the Gateway to the Grand Canyon!
Full Property Details
Full Property Details for 402 E Route 66 Rte
General
- Sold For: $1,000,000
- Taxes: $8,745 (2023)
- Status: Closed
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6643623
- Added to Site: 733 day(s) ago
Business
- Business Type: See Remarks
Interior
- Flooring: Carpet, Ceramic Tile, Vinyl, Concrete
Parking
- Covered Spaces: 2
- Total Spaces: 12
- Parking Features: Paved Parking, Private Parking
Location
- County: Coconino
- Subdivision: TABER ADDITION
- Cross Streets: Lewis Street
Heating & Cooling
- Cooling Type: None
- Heating Type: 2 or More Units, Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City Franchise
Structural Information
- # Buildings: 2
- Structure Type: Other (See Remarks), Commercial
- Exterior Const.: Frame - Wood
- Roof: Composition
- Square Feet: 4,000
- Living Area: 4,000 Sq. Ft.
- Year Built: 1945
Lot Features
- Lot Size (Sq. Ft.): 0.24
- Frontage: Asphalt
- Zoning: Commercial
- Fencing (Description): Chain Link, Partial
Financial Considerations
- Tax Amount: $8,745
- Tax Year: 2023
Disclosures and Reports
- Legal Description: SUBDIVISION: TABER ADD BLOCK: 9I LOT: 9 THRU:- LOT: 12 , , , SIXTEENTH: SW QUARTER: SE SECTION: 28 T
- Property ID: 200-07-021-A
- Lot Number: 10-12
Listed by HomeSmart
Sold by West USA Realty
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Schools
Schools serving 402 E Route 66 Rte
School District:Williams Unified District
| Name | Grades | Distance |
|---|---|---|
Williams Elementary/Middle School 601 North 7th Street, Williams, AZ 86046 | PK-8 | 0.7 mi |
Williams High School 440 South 7th Street, Williams, AZ 86046 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 402 E Route 66 Rte
Date
Details
Price
Change
Source
6/21/2024
Sold
$970,000
-25.38%
MLS
12/27/2023
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
402 E Route 66 Route, Williams, AZ 86046 (MLS# 6643623) is a Commercial property that was sold at $1,000,000 on June 21, 2024. Want to learn more about 402 E Route 66 Route? Do you have questions about finding other Commercial real estate for sale in Williams? You can browse all Williams real estate or contact a Coldwell Banker agent to request more information.

