236 Coronado Blvd Morenci, AZ 85540
- Office Properties & Spaces
- 4,717 SF
- 0.66 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 236 Coronado Blvd
- Year built
- 1952
- Lot size
- 0.66 lot acres
- Property size
- 4,717 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 4,717 square foot executive office building, located at 236 N Coronado Blvd in Morenci, Arizona, presents a unique redevelopment opportunity. Situated on a 0.656-acre lot (APN 200-80-011A), this property boasts a strategic location, serving as a gateway to the historic Chase Creek District. Built in 1952, the building is zoned HP-1 and offers significant potential for investors seeking to capitalize on the limited commercial services available in this market. The property's proximity to a Circle K convenience store and a nearby copper mine underscores its strong commercial viability. Note that the sale will include a restriction against uses competitive with convenience stores. The seller is open to offers submitted using their Letter of Intent form, which will be provided to qualified buyers. All offers must be structured to utilize the seller's real estate sales agreement. This presents a rare chance to acquire a substantial commercial property in a growing area with limited competition and significant upside potential. The excess land at the operating store adds further value to this compelling investment. This property is ideal for entrepreneurs and investors seeking a foothold in a thriving market with limited commercial competition. The property's location and zoning provide flexibility for a variety of commercial uses, subject to the aforementioned restrictions.
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
- Morenci
- County
- Greenlee
- State
- Arizona
- Longitude
- -109.303
- Latitude
- 33.0566