$1,490,000
Show Low, AZ 85901
MLS# 245547
4 beds | 2 baths | 1800 sqft

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Property Description
Investors Dream! Welcome to this profitable commercial/residential property located on a 5.63-acre parcel of land, featuring tall pine trees and an impressive Highway frontage on highway 260 near Bison Golf Course entrance in Show Low. This property offers high visibility for any commercial venture, making it an ideal investment opportunity. The property consists of three leased buildings, including a current leased building of 3800 sq.ft. The building is currently leased to a well-known veterinarian company from Chicago, who has 16 years remaining on their lease. The tenants cover all maintenance expenses on the building, utilities, and most of the property taxes annually.
Details
Maps
Location, Taxes & Legal
Street #: 100
Direction: S
Street Name: Clark
St Suffix: Road
County: Navajo
State: AZ
Zip Code: 85901
Assessor #: 309-37-021A
Additional Parcel Numbers: No
Area: Show Low
Subdivision/Neighborhood: Show Low Unsubdivided
Directions: Highway 260, .9 miles from hwy 60 intersection on South side of the road. Alta Sierra Veterinary Hospital on property.
Legal: SECTION 24,T10N,R21E: SE4 NE4 NW4 SW4; NE4 SE4 NW4 SW4; SW4 NE4 NE4 NW4 SW4 LESS HWY R/W
Taxes: 9223.26
Contract Info
Listing Date: 2023-04-07
Status: Active
Original List Price: 1650000
Listing Price: 1490000
Current Price: $1,490,000
List Price/SqFt: 827.78
Main Fields
Residential Type: Site Built
Co-Broke: Yes
Co-Broke ($ or %): 2%
REO: No
Keywords
Bedrooms: 4
Baths: 2
Garage: No
Carport: No
Horses: Yes
Fireplace/Woodstove: Fireplace
Trees on Property: Yes
Power Available: Yes
Water Available: Yes
Sewer Available: Yes
School District: Show Low
General Prop Info
Aprx # of Acres: 5.63
Year Built: 1979
Aprx SqFt: 1800
Aprx SqFt Source: Owner
HOA Y/N: No
Assessments: No
Status Change Info
Status Change Date: 2023-04-26
Utilities Available
Metered Water Provider: City Of Show Low
Property Features
To Show: ShowingTime
Possession: At COE
Owner Will Sell: Cash; Conventional
Construction: Hardboard Siding; Masonry; Wood Frame
Style: Single Level
Roof: Metal
Utilities Available: APS; Electric - Master Metered; Metered Water; Irrigation; Propane Tank Leased; Septic
Property Boundary: Partly Fenced
Heating: Forced Air; Natural Gas
Exterior Features: In the Trees; Landscaped; Other Building; Tall Pines On Lot
Road Maintenance: State
Property Adjoins: Private
Supplements
The commercial building has been renovated into an animal hospital, with the tenants investing significant amounts of money in the process.
The Highway frontage also provides ample space for further development, and a turnout has already been constructed for easy access. The neighboring property owners are planning to build a care facility and are already working on plans to build out the entrance and an entrance area to this property, further enhancing its value.
In addition to the leased building, the property includes four full-service RV lots, providing an opportunity for additional rental income. There are also two 900 sq.ft. residential homes (Units C & D) on the property, which are currently leased out. Both homes have a simple 2 bed/1 bath floor plan and have been fully renovated. All buildings on the property have metal roofs, adding durability and longevity to the structures.
Overall, this property offers an excellent opportunity for a variety of commercial ventures, with a prime location, ample space for development, and multiple sources of rental income. Don't miss out on the chance to own this exceptional property!
Owner will consider splitting the parcel and selling divided lots with buildings.
Listing Office: All Seasons Properties
Last Updated: June - 10 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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