101 San Francisco St Flagstaff, AZ 86001-5738
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.