Mixed-Use Resi/Retail with Expansion Upside 2410 E Route 66 662 m² 72 % Loué Local commercial Vente aux enchères en ligne Flagstaff, AZ 86004

Diversify a growing investment portfolio with the acquisition of this mixed-use commercial facility that blends residential apartments with ground-floor commercial spaces on historic Route 66 in Flagstaff, Arizona, at 2410 E Route 66. Delivered with existing occupancy, recent property upgrades, and ample room to grow, this is a lucrative chance to secure a performing asset in an existing tourist hub.

Standing out from the competition, 2410 E Route 66 was built in 1983 and delivers a versatile asset with a prime location on a high-traffic corner lot. Situated off the intersection of Route 66 and N Fourth Street, the property can be seen by more than 21,000 daily vehicles, elevating its position in the local market. The property spans 7,131 square feet across two stories, with five recently added upper-level vacation rental units and seven ground-floor commercial suites, including four professional offices, a post office, a retail/office space, and a commercial kitchen. Currently, only ±2,000 square feet at the property are vacant, presenting stable going-in revenue and additional value-add potential for lease-up investors. There is additional upside through the expansion of the residential units, as the building received a 16-bed certificate of occupancy from the city, but only eight beds are in place.

2410 E Route 66’s unbeatable location places it at the heart of Flagstaff’s robust tourism industry, near many of the city’s top demand drivers. The property rests within 10 minutes of bustling destinations, including Northern Arizona University and the Flagstaff Mall indoor shopping center. In addition to the mall, a strong concentration of retail establishments surrounds the property, providing convenient access to household name brands such as Walmart Supercenter, Walgreens, Chick-fil-A, Dutch Bros Coffee, and Texas Roadhouse, as well as popular local restaurants along Fourth Street. Guests and tenants will also enjoy access to several nearby high-quality golf courses, including the Aspen Valley Golf Club and the Continental Golf Club.

Flagstaff is a vibrant cultural and recreational hub tucked in the middle of Coconino National Forest in the foothills of the state’s tallest mountain, Humphreys Peak. These beautiful attractions, along with nearby destinations such as Walnut Canyon National Monument, Sunset Crater Volcano National Monument, the Arizona Snowbowl Ski Resort, Wupatki National Monument, and Grand Canyon National Park, attract robust, year-round tourist traffic to the city. Flagstaff is also home to Lowell Observatory, a historic astronomical observation complex known for discovering the dwarf planet Pluto.

The city’s incredible sites and attractions firmly establish Flagstaff as a top tourist destination that received over 5 million domestic and international visitors in 2024. According to Airbnb, guests staying in vacation rentals stayed an average of 3.7 nights, with an average cost per night of $210.54, delivering a lucrative potential customer base for the rental units at 2410 E Route 66.

Combining functional commercial suites, modern vacation rental units, and a prime location off Route 66 that sits near Flagstaff’s most popular tourist destinations, 2410 E Route 66 delivers a running start for investors entering this desirable market.