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    318 Second St Winslow, AZ 86047

    For Sale
    $199,000

    Prime Old Route 66 location, two buildings.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, situated at 318 E 2nd Street in Winslow, Arizona, presents a unique investment opportunity. The 0.12-acre lot boasts two buildings, offering significant versatility. The front building, constructed in 1916, encompasses 1312 square feet and features an open main room, a private office, a storage room, and a restroom. Its historical charm and prominent location on Old Route 66, directly across from the renowned La Posada Hotel, provide immense potential. The rear building, a more modern addition built in 2007, offers 528 square feet of space. This structure includes insulated walls and ceilings with tape and textured drywall, new carpet tiles, and a new mini-split HVAC system. The proximity to the Standin' on the Corner Park (approximately 1000 feet away) adds to the property's appeal. This property is ideal for a variety of uses, from a small storefront combined with residential space to a unique hospitality venture. The asking price is $199,000. The sale will not include seller financing or rental options. The seller is prepared to facilitate a 1031 exchange at no cost to the buyer.

    Property Features for 318 Second St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1916
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winslow
    County
    Navajo
    State
    Arizona
    Longitude
    -110.695
    Latitude
    35.02258

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Old Route 66 location, two buildings.
    Where is this commercial real estate located?
    The property is located at 318 Second St Winslow, AZ.
    What is the asking price?
    The asking price for this property is $199,000.
    (928) 699-8342
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    318 Second St Winslow, AZ 86047
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