503 5Th Ave Safford, AZ 85546
- Office Properties & Spaces
- 13,651 SF
- 0.84 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 503 5Th Ave
- Year built
- 1930
- Lot size
- 0.84 lot acres
- Property size
- 13,651 SF
- Property type
- Office Properties & Spaces
Description
This exceptional commercial real estate opportunity encompasses a substantial 0.84-acre lot in the thriving heart of Safford, Arizona. The portfolio consists of six existing commercial buildings, offering a diverse range of potential uses and income streams. Two of these buildings are currently under lease, providing immediate return on investment. The property boasts significant highway frontage, ensuring high visibility and accessibility for businesses. The total square footage across all six buildings is a substantial 13,651 square feet, presenting ample space for various commercial ventures. The inclusion of an additional vacant commercial lot offers further development potential, allowing for expansion or the construction of new buildings to meet evolving market demands. This nearly half-city-block property is strategically positioned for success, benefiting from its prime location within Safford's commercial core. The property's size and location make it an ideal investment for those seeking a significant presence in a growing Arizona market. This is a rare opportunity to acquire a substantial, established commercial portfolio with significant upside potential. The existing leases provide a stable income base, while the vacant lot and additional buildings offer flexibility for future growth and development. This property is ready for immediate occupancy and offers a compelling investment opportunity in a dynamic and expanding market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Safford
- County
- Graham
- State
- Arizona
- Longitude
- -109.712
- Latitude
- 32.8341