318 Second St Winslow, AZ 86047
- Commercial real estate
- 1,312 SF
- 0.12 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 318 Second St
- Year built
- 1941
- Construction
- CONCRETE
- Lot size
- 0.12 lot acres
- Property size
- 1,312 SF
- Zone code
- MUNICIPAL
- Property type
- Commercial real estate
- APN
- 103-17-082
- APU
- 10317082
Description
This exceptional commercial property, situated at 318 E 2nd Street in Winslow, Arizona, presents a unique investment opportunity. The 0.12-acre lot boasts two buildings, offering significant versatility. The front building, constructed in 1916, encompasses 1312 square feet and features an open main room, a private office, a storage room, and a restroom. Its historical charm and prominent location on Old Route 66, directly across from the renowned La Posada Hotel, provide immense potential. The rear building, a more modern addition built in 2007, offers 528 square feet of space. This structure includes insulated walls and ceilings with tape and textured drywall, new carpet tiles, and a new mini-split HVAC system. The proximity to the Standin' on the Corner Park (approximately 1000 feet away) adds to the property's appeal. This property is ideal for a variety of uses, from a small storefront combined with residential space to a unique hospitality venture. The asking price is $199,000. The sale will not include seller financing or rental options. The seller is prepared to facilitate a 1031 exchange at no cost to the buyer.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winslow
- County
- Navajo
- State
- Arizona
- Longitude
- -110.695
- Latitude
- 35.0225
- CBSA code
- 43320
- CBSA name
- SHOW LOW, AZ MICROPOLITAN STATISTICAL AREA
