909 Andy Devine Ave Kingman, AZ 86401-5917

This exceptional mixed-use property, situated on nearly one acre in the heart of historic downtown Kingman, Arizona, presents a unique investment opportunity along the iconic Route 66. The 46-unit motel, boasting a blend of studio, one-bedroom, and two-bedroom configurations, offers significant potential for revitalization. Currently generating income through weekly and monthly rentals, the property comprises forty studio apartments, five one-bedroom/one-bathroom units, and one two-bedroom/two-bathroom unit. While some units have undergone minor renovations, others require substantial work, presenting a flexible canvas for a variety of redevelopment strategies. The property's prime location near local shops, restaurants, and attractions makes it ideally positioned to capitalize on Kingman's thriving tourism sector. This is a rare chance to acquire a piece of Route 66 history and create a thriving business in a vibrant and growing community. The property's size and existing infrastructure provide a solid foundation for a successful renovation or repurposing project. Investors seeking a value-add opportunity with significant upside potential will find this property particularly attractive. The existing rental income stream provides immediate cash flow while allowing for phased renovations and strategic improvements.