Retail and Office Property on
182 W White Mountain Blvd Lakeside, AZ 85929
182 W White Mountain Blvd, Lakeside, AZ, 85929
$449,900
For Sale
$449,900
Two-building C1 commercial property on a main corridor near Safeway and Goodwill shopping centers, offering flexible workspace configurations.
Property Size1,706 SF
Price / SF$263.72
Days on Market71
Property Features for 182 W White Mountain Blvd
General Information
- Standard status
- Active
- Size
- 1,706 SF
Listing agency
Advantage Realty Professionals
(928) 242-3192
Listed by
Shawn Wirtz · License #SA660758000
(928) 242-3192
Source
Exprealty
Added: May 12 Updated: Jul 10 at 4:00PM Checked: Jul 20 at 7:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Advantage Realty Professionals
Investment Insights
Based on property information with market context.
This C1 zoned commercial property consists of two buildings totaling approximately 1,706 sq ft. The first structure is an updated 840 sq ft building constructed in 1999, with a recently repaired metal roof, modern heating and cooling, and an adaptable interior layout suited to retail, office, studio, or service-based uses. The second building is a historic 866 sq ft log cabin originally built in 1946, featuring original log construction and chinking, a Malapai stone fireplace, a new shingle roof, and an attached bathroom.
The property is positioned directly on the main corridor with prime highway frontage. It is adjacent to the Safeway and Goodwill shopping centers and is set beneath mature Ponderosa pines, providing a distinctive character mix of updated commercial space and a rustic, mountain-style cabin setting.
For tenants and buyers seeking flexibility, the combination of an HVAC-equipped modern building and a naturally themed cabin can support multiple business concepts within one ownership. Buyers should verify permitted uses with the Town of Pinetop-Lakeside and review eligibility for potential façade grant opportunities, as well as any Opportunity Zone tax credit possibilities discussed with the town. A commercial lender is available for qualified buyers.
The property is positioned directly on the main corridor with prime highway frontage. It is adjacent to the Safeway and Goodwill shopping centers and is set beneath mature Ponderosa pines, providing a distinctive character mix of updated commercial space and a rustic, mountain-style cabin setting.
For tenants and buyers seeking flexibility, the combination of an HVAC-equipped modern building and a naturally themed cabin can support multiple business concepts within one ownership. Buyers should verify permitted uses with the Town of Pinetop-Lakeside and review eligibility for potential façade grant opportunities, as well as any Opportunity Zone tax credit possibilities discussed with the town. A commercial lender is available for qualified buyers.
Key Highlights
- C1 commercial property on the main corridor with approximately 1,706 SF across two buildings near Safeway and Goodwill shopping centers.
- Updated 840 SF building constructed in 1999 with a recently repaired metal roof and modern heating and cooling.
- Historic 866 SF 1946 log cabin with original log construction and classic chinking, plus a Malapai stone fireplace and a new shingle roof.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.4k | $26.04 |
| − Vacancy | −$2.2k | −$1.28 |
| EGI | $42.2k | $24.76 |
| − OpEx | −$12.7k | −$7.43 |
| NOI | $29.6k | $17.33 |
1,706 SF · lease $26.04/SF/yr · vacancy 4.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$422.5K
$369.7K – $492.9K
NOI $29,573 @ 7.0% cap · market cap 6.57%
Second Best
Office B
$331.0K
$289.6K – $386.2K
NOI $23,169 @ 7.0% cap · market cap 5.15%
Theoretical Best
Specialty Retail
$463.6K
$405.7K – $540.9K
NOI $32,452 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Two-building C1 commercial property on a main corridor near Safeway and Goodwill shopping centers, offering flexible workspace configurations.
Where is this storefront property located?
The property is located at 182 W White Mountain Blvd Lakeside, AZ.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: C1 commercial property on the main corridor with approximately 1,706 SF across two buildings near Safeway and Goodwill shopping centers.; Updated 840 SF building constructed in 1999 with a recently repaired metal roof and modern heating and cooling.; Historic 866 SF 1946 log cabin with original log construction and classic chinking, plus a Malapai stone fireplace and a new shingle roof.
