501-515 5Th Ave Safford, AZ 85546

Property Details for 501-515 5Th Ave

Year built

1930

Lot size

0.50 lot acres

Property size

11,926 SF

Property type

Office Properties & Spaces

Description

This exceptional commercial real estate opportunity in Safford, Arizona, presents five interconnected buildings totaling 11,926 square feet on a half-acre lot. Constructed in 1930, these buildings boast a rich history and are ideally situated on South 5th Avenue, in the heart of Safford's historic downtown. The property benefits from high visibility and foot traffic due to its proximity to local restaurants, boutiques, and the vibrant atmosphere of frequent parades and festivals. Four of the buildings are currently vacant, presenting a unique chance for redevelopment or lease to a variety of businesses. This allows for significant upside potential based on the current market demand and the prime location. One building is currently under a month-to-month lease, generating immediate rental income. Convenient street parking is readily available for tenants and customers. The property's central location within Safford's historic district offers unparalleled access to the city's amenities and a strong foundation for future growth. This is a rare chance to acquire a substantial commercial property in a thriving Arizona town, offering both immediate income and long-term development possibilities. The buildings' historical character combined with their strategic location makes this an attractive investment for both seasoned developers and entrepreneurs seeking a unique opportunity in a bustling downtown setting.

Location Insight

City

Safford

County

Graham

State

Arizona

Longitude

-109.712

Latitude

32.8342