101 San Francisco St Flagstaff, AZ 86001-5738
- Retail space
- 4,289 SF
- 0.15 lot acres
Current Use by Public Records
- Retail space
Property Details for 101 San Francisco St
- Year built
- 1964
- Construction
- CONCRETE
- Lot size
- 0.15 lot acres
- Property size
- 4,289 SF
- Property type
- Retail space
- APN
- 103-08-011A
- APU
- 10308011A
Description
This exceptional downtown Flagstaff business opportunity encompasses a 5,000 square foot space, ideally suited for a bar and restaurant. Previously operating as The Mayor Kitchen-Bar-Rooftop, this property boasts a fully equipped kitchen, two bars, dedicated dining areas, and a unique event space. A significant advantage is the inclusion of all furniture, fixtures, and equipment (FF&E), minimizing start-up costs for the new owner. The property also features the only rooftop patio and bar in Flagstaff, offering unparalleled views and ambiance. This location holds a rich history, having previously housed the popular Mad Italian restaurant. Less than five years ago, the current occupant completed a comprehensive renovation and update, resulting in a well-maintained and modern space. Detailed plans from this recent overhaul are available for review. The layout is versatile and adaptable to a range of culinary and beverage concepts, potentially allowing for a continuation of the existing format or a fresh, innovative approach. This is a rare opportunity to acquire a fully operational, high-visibility establishment in the heart of Flagstaff's vibrant downtown area. The asking price is $100,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $455,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $865,000
- 6.5%
- $800,000
- 7%
- $740,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $579,000
Market price range: $71.1k - $580k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $385,000 Current use
- AUTO REPAIR, GARAGE
- $895,000 Change: +131% Conversion: Difficult
- MEDICAL BUILDING
- $715,000 Change: +84% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $535,000 Change: +38% Conversion: Easy
- OFFICE BUILDING
- $470,000 Change: +21% Conversion: Easy
- WAREHOUSE, STORAGE
- $410,000 Change: +6% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Flagstaff
- County
- Coconino
- State
- Arizona
- Longitude
- -111.649
- Latitude
- 35.1952
- CBSA code
- 22380
- CBSA name
- FLAGSTAFF, AZ METROPOLITAN STATISTICAL AREA