Historic Mixed-Use Commercial
233 N Canyon Dr Sierra Vista, AZ 85635
233 N Canyon Dr, Sierra Vista, AZ, 85635
$300,000
For Sale
$300,000
Historic commercial building with a large flexible interior, private courtyard, designated parking, and an unfinished upstairs apartment.
Property Size3,188 SF
Price / SF$94.10
Days on Market134
Property Features for 233 N Canyon Dr
General Information
- Standard status
- Active
- Size
- 3,188 SF
Listing agency
eXp Realty
(254) 595-0810
Listed by
Elizabeth Swanson
(254) 595-0810
Source
Exprealty
Added: Mar 11 Updated: Jul 21 at 11:50PM Checked: Jul 21 at 11:50PM
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 eXp Realty
Investment Insights
Based on property information with market context.
This historic commercial building offers a central hall layout with a large-format space designed to support a variety of uses. Interior features include a full kitchen, two private office spaces, and a spacious flex room that can serve as a conference room, classroom, studio, or additional workspace. The property also includes a private courtyard and designated parking spaces, with additional street parking available for added convenience.
Situated directly across from Len Roberts Park, the building benefits from a park-side setting and visibility from its central location.
An unfinished apartment upstairs provides live-work or income potential, with mountain views from the space. Buyer to verify zoning/permits.
Situated directly across from Len Roberts Park, the building benefits from a park-side setting and visibility from its central location.
An unfinished apartment upstairs provides live-work or income potential, with mountain views from the space. Buyer to verify zoning/permits.
Key Highlights
- Historic commercial building in Sierra Vista with a spacious central hall and large flexible interior layout
- Full kitchen plus two private office spaces and a flexible room suited to conference, classroom, studio, or extra workspace
- Private courtyard provides an outdoor area for employee breaks, client gatherings, or future customization
Local Financial Insights For Office B
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 | $40.2k | $12.60 |
| − Vacancy | −$7.7k | −$2.41 |
| EGI | $32.5k | $10.19 |
| − OpEx | −$8.1k | −$2.55 |
| NOI | $24.4k | $7.64 |
3,188 SF · lease $12.60/SF/yr · vacancy 19.11% · expense 25.00%
Alternative Uses
Best Use
Office B
$348.1K
$304.6K – $406.2K
NOI $24,369 @ 7.0% cap · market cap 8.12%
Second Best
Mixed Use
$285.6K
$249.9K – $333.2K
NOI $19,989 @ 7.0% cap · market cap 6.66%
Theoretical Best
Specialty Retail
$472.4K
$413.4K – $551.1K
NOI $33,068 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Gethsemane Church of God
Association / Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Historic commercial building with a large flexible interior, private courtyard, designated parking, and an unfinished upstairs apartment.
Where is this live-work space located?
The property is located at 233 N Canyon Dr Sierra Vista, AZ.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Historic commercial building in Sierra Vista with a spacious central hall and large flexible interior layout; Full kitchen plus two private office spaces and a flexible room suited to conference, classroom, studio, or extra workspace; Private courtyard provides an outdoor area for employee breaks, client gatherings, or future customization
