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Property profile & analytics
FOR SALE
Retail space

11201 W Michigan Ave Youngtown, AZ 85363

3,665 SF 0.18 ac lot Built 1969
Entity Owned 7-yr Hold Free & Clear
Property ID
US07-2657401
Property summary
AI-generated overview

This exceptional freestanding commercial building, located at 11201 W Michigan Avenue in Youngtown, Arizona, presents a unique opportunity for owner-occupants or investors. Boasting over 3600 square feet on a 0.18-acre lot, the building offers remarkable flexibility. The interior features several rooms with non-bearing walls, allowing for easy reconfiguration to suit diverse business needs. Two restrooms and ample storage space cater to various operational requirements. The open workspaces provide a versatile layout adaptable to retail, office, or service-based businesses. The building's prime location on Michigan Avenue ensures high visibility, enhanced by showcase windows along the street elevation and a large monument sign visible from multiple directions. Convenient parking is available at the front, side, and rear of the building. Double doors at the rear provide additional access and loading capabilities. The substantial space is well-suited for displaying merchandise or equipment, as evidenced by the current hardware resale business operating within. The property is being offered for sale "AS-IS" at $790,000. This presents a compelling opportunity to acquire a well-situated, adaptable commercial space in a thriving area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1969
Construction CONCRETE
Total area 3,665 SF
Lot 0.18 ac (7,700 SF)
Zoning code C-C
APN 200-85-249B
UPID US07-2657401
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Amera Sun City Pest Control Department Store
  • Tools & more Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Labat Michigan Properties LLC · 7 yrs held
Labat Michigan Properties LLC
since 2019
3 recorded transactions
2019
Price N/A
2019
$240,000
2019
Price N/A
Zoning & alternative use
C-C · Youngtown, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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