Southside Tavern 117 S San Francisco St

117 S San Francisco St , Flagstaff, Arizona, 86001 | 2,660 sq.f | $ 950,000

Card image
Card image
Card image

About This Restaurant

Investment Highlights

2,660 Sf Under Roof, Plus Spacious Patio and?Exterior Bar Historical Building With Many Infrastructural and Aesthetic Updates Seller-carry Option With +50% Down 1 Tenant, NNN Lease, 5+ Years on Original Term Prime Location in the Southside District of Flagstaff Abutting Both Residential and Commercial Uses Owner-user potential; submit

Executive Summary

Introducing an exceptional investment opportunity in the heart of Flagstaff's southside district! Discover ?Southside? at 117 S San Francisco St, Flagstaff, AZ 86001. This fully leased, renovated 2,660 SF retail property presents a lucrative option for retail and restaurant investors seeking a well-maintained historic building with modern amenities. Boasting a full kitchen, custom bar, dining area, game room, bathrooms, and a spacious outdoor patio, this property is turnkey and promises solid returns with a current 6.32% cap rate. Situated in a highly desirable area, this property enjoys a bustling business corridor between Downtown Flagstaff and Northern Arizona University, making it a prime location known for its stable NNN tenancy. With a rich historical charm and meticulous updates over the years, ?Southside? offers a unique blend of the past and present for investors looking to be part of Northern Arizona's thriving retail landscape. Don't miss this chance to own a piece of Flagstaff's history and future success!

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Bar Restaurant
  • Building Size    2,660
  • Building Class    C
  • Year Built/Renovated    1935/2020
  • Price    950,000
  • Price Per SF    357
  • Cap Rate    6.32
  • NOI    60,040
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.76
  • Land Acres    0.08 AC

Amenities

  • Fenced Lot
  • Restaurant
  • Security System
  • Signage
  • Air Conditioning
  • Smoke Detector

Nearby Amenities & Transportation

Retail Natural Grocers
Retail Pita Pit
Retail PNC Bank
Retail Jack In The Box
Retail Chase
Retail National Bank Of Arizona
Retail Rent-A-Center
Retail Jazzercise
Retail Dutch Bros
Retail Starbucks
Date Created: 2024-07-16 04:09:20 Last Updated: 2024-07-16 04:09:20
Address: 117 S San Francisco St , Flagstaff, Arizona, 86001