Updated Office
For Sale
$2,500,000
2290 E Route 66, Flagstaff, AZ 86004
Commercial Sale, Flagstaff, AZ
Property Size7,634 SF
Lot Size0.21 Acres
Price / SF$327.48
Days on Market183
Property Features for 2290 E Route 66
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security System
Directions
Located on historic E Rt 66, between Salsa Brava and Fat Bagels.
Subdivision
400 - Sunnyside
Standard status
Active
APN
10704021
Size
7,634 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
SUBDIVISION: SUNNYSIDE BLOCK: 6 LOT: 11 AND S 38 FT LOT 12 SIXTEENTH: SE QUARTER: NE SECTION: 14 TOWNSHIP: 21N RANGE: 07
Tax Annual Amount
15818
Legal Description
SUBDIVISION: SUNNYSIDE BLOCK: 6 LOT: 11 AND S 38 FT LOT 12 SIXTEENTH: SE QUARTER: NE SECTION: 14 TOWNSHIP: 21N RANGE: 07
Utilities
Utilities
Cable Available
Heating system
Central, Natural Gas
Cooling system
Central Air
Building Details
Year built
1988
Floors in Building
2
Roof type
Metal
Listing Agency:
Realty One Group, Mountain Desert
(928) 774-3392
Listed By:
Lori A Zeoli
(928) 680-7350
Added: Apr 17
Changed: Oct 2
Last Checked: Oct 16 at 3:06AM
MLS# 204106
Copyright © 2026 Northern Arizona Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 7,634-square-foot office building was constructed in 1988 and later converted from a church into commercial office use. The layout includes a reception area, open workspace on the first floor, private offices upstairs, and three separate restrooms. Building systems and improvements include two newer AC units, central air, central natural-gas heating, an alarm system, and a metal roof.
The property occupies 0.21 acres along Route 66 in central Flagstaff. A private, fenced parking lot sits adjacent to the building. An existing lease has two years remaining, with the tenants able to vacate if the next owner elects to use the entire building.
The property occupies 0.21 acres along Route 66 in central Flagstaff. A private, fenced parking lot sits adjacent to the building. An existing lease has two years remaining, with the tenants able to vacate if the next owner elects to use the entire building.
Key Highlights
- 7,634‑square‑foot office building on 0.21 acres
- Converted church with reception area, open first‑floor workspace, and private upstairs offices
- Three separate restrooms and two newer AC units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,299
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,105,980
$2.1M
Cap Rate 7%
$1,504,271
$1.5M
Cap Rate 9%
$1,169,989
$1.2M
Market Conditions
NOI Build-Up for 7,634 SF
Gross rent
$177.7K $23.28/SF
− Vacancy
−$37.3K −$4.89/SF
EGI
$140.4K $18.39/SF
− OpEx
−$35.1K −$4.60/SF
NOI
$105.3K $13.79/SF
Area
Coconino County, AZ
Vacancy
21.00%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,105,980
Cap Rate 7%
$1,504,271
Cap Rate 9%
$1,169,989
Alternative Uses
Best Use
Office B
$1.50M
$1.32M – $1.75M
NOI $105,299 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,735 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,124
Businesses Nearby
Explore this area
Business Placement
Demographics for 86004, AZ
38,451
Population
16,550
Households
2.3
Avg Household Size
37
Median Age
44%
College-Educated
95%
High-School Grad
914.5 sq mi
ZIP Area
42
Density / Sq Mi
$77,486
Median Household Income
$42,659
Median Earnings
$1,611
Median Rent
$464,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Two-level layout combines reception, open workspace, and private upper-floor offices.
Where is this office building located?
The property is located at 2290 E Route 66 Flagstaff, AZ.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 7,634‑square‑foot office building on 0.21 acres; Converted church with reception area, open first‑floor workspace, and private upstairs offices; Three separate restrooms and two newer AC units
