117 S San Francisco Street
Fully leased downtown commercial real estate investment opportunity
Marketing description
Investment highlights
2,660 sf including coveted exterior patio
1 Tenant, NNN Lease, 5+ Years on Original Term with Options
Historical Building With Many Infrastructural and Aesthetic Updates
Several Renovations to Its Current Turnkey Iteration, While Preserving Its Historical Integrity
Ease of Ownership With a Long-term NNN Lease in Place With Annual Bumps
Prime Location in the Southside District of Flagstaff Abutting Both Residential and Commercial Uses
Modern Amenities in a Historic Setting
Seller-carry Option With 33% Down
A Series 6 Bar License can be added to the to the purchase of the building, at market price, with 100% financing.
Business may be available for acquisition in addition to the property. Inquire.
NDA for Information
The bar/restaurant is locally owned, with a commitment to quality service and innovative offerings that have made it a fixture in the Flagstaff night scene.
Detailed rent roll, expense statements, and tenant history available upon request to qualified buyers.
Prime location in the Southside district, directly between NAU campus and downtown Flagstaff
Future Upside: The building’s flexible layout could accommodate expansion, concept changes, or event hosting, creating avenues for growth. Inquire with owner regarding House Bill 2721--an avenue to potentially create "middle housing."
Turnkey Investment: With the space fully leased to proven operators, buyers can enjoy immediate cash flow and minimal management responsibilities.
Historic Value: Owning a piece of downtown Flagstaff’s architectural legacy brings intrinsic value and community prestige.
Strong Demand: Downtown Flagstaff maintains high demand for dining and entertainment, supporting stable tenancy and potential for future appreciation.
Diversified Income: Long-term, guaranteed tenant reduces vacancy risk and allow for a steady revenue stream.
Asking Price: Competitive pricing reflective of the building’s historic value, cap rate, and downtown location.
Rental Income: Consistent revenue from reliable tenant, with documented payment histories and expense breakdowns.
Operating Costs: Efficient management structures and tenant responsibility for most operating expenses reduce ownership burden.
Appreciation: Growth in Flagstaff’s downtown commercial real estate market supports potential for future value increases.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
