45072 N Arizona Hwy 188 - Storefront Retail/Office FOR SALE


Tonto Basin, AZ 85553
$699,000 USD
480-405-1705
45072 N Arizona Hwy 188, Tonto Basin, AZ for Sale
$699,000 USD
Storefront Retail/Office - FOR SALE
1/40
null | Request Cap Rate

45072 N Arizona Hwy 188
Tonto Basin, AZ 85553


HIGHLIGHTS

  • Perfect for short-term rentals such as Airbnb or VRBO
  • build-to-suit single or multi-unit retail center or office building
  • Creating a Live-Work option with multiple buildings.
  • Ample Parking

OVERVIEW

Versatile Property with Commercial & Residential Opportunities. Located just 10 miles north of Arizona's largest interior lake on Highway 188, this property offers endless possibilities for development. Comprised of up to three adjacent parcels, it’s a prime build-to-suit opportunity, strategically positioned along the main access route to Lake Roosevelt, making it an excellent investment for businesses or live-work business owners. This offering includes only the existing retail/office building which is ready to customize to your tastes and preferences with the interior finishes yet to be completed and the completion of the interior items included in the price. The property is located on Parcel 1 (~1.6 Acres) and was initially designed to be a 4 Bedroom, 3 Bath, 2184 SF single-family residence or vacation home. Additionally available are two other adjacent parcels. Parcel 3 (~0.6 Acre): Includes a 608 SF 1 Bedroom 1 Bath Efficiency Home and a 24' x 48' steel RV/carport. By combining Parcel 1 and Parcel 3 (~2.6 Acres) you will end up with a property perfect for short-term rentals such as Airbnb or VRBO or Live-Work option. By combining all three Parcels you will have additional raw land and all the structures bringing the total land area to ~3.6 Acres. Multifamily applications are available by completing the interior of the main building as a residence or duplex and adding the efficiency home. Don’t miss this rare opportunity to build or expand in a high-traffic, prime location near Lake Roosevelt and the Tonto National Forest!

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$320 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

45072 N Arizona Hwy 188, Tonto Basin, AZ 8555

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Auto Dealership, Office/Residential, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

-

APN/PARCEL ID

201-08-024C

ASK ABOUT THIS PROPERTY

Geoffrey AdamsRealty One Group CommercialMore Info
480-405-1705

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Geoffrey AdamsRealty One Group CommercialMore Info
480-405-1705

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.