Listed by Kelly & Call Commercial
$129,000
107 W Phoenix Ave
Details
Property Type Business for Sale
Sub Type Business and Building
Square Footage 1,800
Year Built 2016
Business for Sale | 1,800 SqFt
Marketing description
Zani Cards & Gifts occupies a leased retail space at 107 W. Phoenix Avenue in downtown Flagstaff, Arizona. This location places it in the heart of the city’s historic district, nestled between popular local establishments like Biff’s Bagels and Fratelli Pizza. The area is known for its high foot traffic, drawing both locals and tourists, which benefits neighboring businesses such as Beaver Street Brewery and the CSA Market.
The building housing Zani Cards & Gifts is part of a vibrant commercial corridor featuring a mix of restaurants, boutiques, and artisan shops. While specific details about the lease terms or the building’s size aren’t publicly available, the surrounding properties in this district are typically designed to accommodate small to mid-sized retail operations, often ranging between 1,000 to 2,000 square feet.
Given its prime location and the dynamic nature of the downtown Flagstaff area, the leased facility offers significant visibility and accessibility, making it an attractive spot for retail business.
The 1,800 square-foot retail space rents at $2,665/month and has been located at the same great location since 2016. The lease ends July 31, 2025, however, the landlord is willing to sign a new long-term lease with a qualified buyer.
Investment highlights
- Turnkey business with established branding and vendor relationships
- Prime location with high foot traffic and strong visibility
- Loyal local clientele plus steady tourist appeal
- Opportunity for online sales expansion or event-based promotions
- Furniture, fixtures, and POS system included in sale
- Inventory: Will be purchased at Owner’s cost at time of sale. Estimated to be $40,000.
- Reason for selling: Owners are having their first child and want to concentrate on other endeavors
- Support and training: The owners are willing to provide a transition period with the new owner. They are willing to train and provide long-term guidance for the right owner.
- Equipment Value: $24,000
- Website: https://www.zanigifts.com/
Listing Contacts
Listed by Kelly & Call Commercial
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