Commercial Property for Sale in Flagstaff Arizona 86001

102 S O'Leary ST, Flagstaff Arizona, 86001

Listing ID: CL-Arizona-27195 Commercial Co-op Multifamily
Published on: Tuesday, December 30, 2025 | Updated on: Tuesday, December 30, 2025

Listing Summary

Nestled in the heart of Flagstaff's storied southside district, this rare offering comprises three improved contiguous parcels totaling .58 acres

Full Description

 

High-Density Residential Development Opportunity in Flagstaff's Southside

This is a once-in-a-generation development opportunity in the highly sought-after, historic Southside district of Flagstaff. This rare offering consists of three improved contiguous parcels totaling 0.58 acres, all zoned for high-density residential and primed for conjoined development. The primary value lies in the land, offering maximum flexibility to shape a major residential project. The generous footprint is perfect for seasoned developers and strategic investors looking to create modern townhomes, luxury apartments, or an innovative multi-family complex that honors the area's charm while maximizing density.

 

Quick Glance

  • Listing ID: CL-Arizona-27195
  • Status: Active
  • Year Build: 1945
  • Building Size: 25,265 SqFt
  • Lot Size: 0.58 Acre

Additional Links

Property Documents

No documents available.

Complete Details

  • Year Build: 1945
  • Building Size: 25,265 SqFt
  • No of Stories: 1
  • Total Lot Area: 0.58 Acre
  • No of Total Units: 5
  • Heating and Cooling: Not Specified

Pricing Details

Additional Features

Highlights
  • Rare Contiguous Parcels: Comprised of three improved, contiguous parcels totaling 0.58 acres, offering substantial scale for development in a prime urban area.
  • High-Density Zoning: All parcels are zoned for high-density residential, allowing for maximized unit count and strong potential return on investment.
  • Prime Location: Located in the heart of Flagstaff's desirable, established historic Southside district, known for its architectural charm and proximity to urban amenities.
  • Flexible Residential Development: The property is ideal for diverse residential projects, including modern townhomes, luxury apartments, or innovative multi-family complexes.
  • Land Value Focus: The value is primarily placed on the land, not the existing structures, positioning it as a clean slate for developers to pursue creative site planning and maximize density.
  • Total land area: .58 acres across three separate parcels
  • Collective improvements totaling approximately 6,327 sf (vacant; distressed condition)
  • Zoning: High-density residential
  • Utilities: All city services available including water, sewer, electricity, and high-speed internet
  • Topography: Level site with mature shade trees throughout
  • Frontage: Wide, street-facing lots with direct rear access
  • Walkable to downtown entertainment and business centers
  • Minutes from major transit arteries, including the lone tree overpass under construction
  • Blocks from Northern Arizona University
  • Strong market growth in southside historic district
  • Attractive sales market as well as premium rental rates with sustained low vacancy statistics
  • The southside neighborhood is celebrated for its historic architecture and cultural legacy, with many homes and buildings dating back to the early 20th century.
  • New developments are encouraged to reflect the area’s character while incorporating sustainable and contemporary design elements.
  • These parcels offer a unique canvas for a project that pays homage to tradition yet meets the housing needs of tomorrow’s residents.
  • Sub-market: Southside Downtown Flagstaff
  • Cross-Streets: E. Cottage
  • Street Parking
  • Parking Type: Surface
Features
  • Year Built: 1945-1952
  • APN: 104-01-070, 104-01-069, 104-01-068 About This Property Marketing description Nestled in the heart of Flagstaff's storied southside district, this rare offering comprises three improved contiguous parcels totaling .58 acres, each zoned for high-densit
  • OFFSITE IMPROVEMENTS: Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone
  • APN/PARCEL ID: 104-01-068,104-01-069,104-01-070
  • LAND PROPOSED USE: Multi-Family, Apartment Units, Apartment Units - Condo, General Freestanding, Single Family Development

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