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Published on: Tuesday, December 30, 2025
Updated on: Tuesday, December 30, 2025
About the Lister
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Name: Darien Degher
Company: COLDWELL BANKER COMMERCIAL NORTHLAND
Office Phone: 928-607-3749
Cell Phone: 928-607-3749
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  Splendid Commercial Property

102 S O'Leary ST Flagstaff Arizona , 86001
102 S O'Leary ST Flagstaff Arizona , 86001  COLDWELL BANKER COMMERCIAL NORTHLAND
Listing ID: CL-Arizona-27195 Co-op /Multifamily

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Arizona-27195
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1945
Building Size: 25,265.00 SqFt
Lot Size: 0.58 Acre
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Nestled in the heart of Flagstaff's storied southside district, this rare offering comprises three improved contiguous parcels totaling .58 acres
Complete Details
Year Build: 1945
Building Size: 25,265 SqFt.
No of Stories: 1
Total Lot Area: 0.58 Acre
No of Parking: N/A
No of Total Units: 5
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
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.

 

Additional Properties
Property Highlights
  • 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
Listing Location
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