Published on: Tuesday, June 25, 2024
Updated on: Tuesday, June 25, 2024
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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
Provide Your Service
Financing  Business  Material
  Commercial property
435 Linger LN Williams Arizona , 86046
435 Linger LN Williams Arizona                                                                                             , 86046COLDWELL BANKER COMMERCIAL NORTHLAND
Listing ID: CL-Arizona-10772

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 6.11
Net Operating Income: $40,480
Commission Split (%): 0
Quick Glance
Listing ID: CL-Arizona-10772
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1976
Building Size: 1,728.00 SqFt
Lot Size: 43,560.00 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: Yes
Property On Ground Lease: No
Building Status: Existing
Listing Summary
You may not be able to take title to this property by winning a card game as was once an old tale, but you surely can take ownership of this piece of Arizona history the traditional way.
Complete Details
Year Build: 1976
Building Size: 1,728 SqFt.
No of Stories: 1
Total Lot Area: 43560 SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Heating and Cooling
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: No
Roofing: Metal
Occupancy: 0%
Full Description
You may not be able to take title to this property by winning a card game as was once an old tale, but you surely can take ownership of this piece of Arizona history the traditional way. Originally built in 1976 as the first trading post in Valle (now Grand Canyon Junction), this freestanding building juxtaposes a bygone era with modern interior finishes upon entry off of the front porch-- where if you listen closely enough you can still hear the squeaky echoes from rocking chairs amid stories of Grand Canyon lore from their occupants. Only 22 miles south of the south entrance to the Grand Canyon, the property now serves as a short-term vacation rental to the throngs of travelers visiting one of the most breathtaking natural wonders in the world. And by throngs we mean millions, yes millions, of traffic counts per year (5m to be exact). The owners have taken a building that has housed many types of uses over the course of its history, and transformed it into a 4.9 star reviewed retreat that has all of the present day amenities behind an unassuming facade--perfect for tranquility and serenity that coincides with the majesty of the geography. The transformation includes, but very much not limited to the following improvements: County certified septic system, rebuilt front porch, new water main, 200 amp commercial electrical service, commercial grade kitchen, ADA bathroom, updated water line from the 10k gallon water tank, and many more. While one could continue the ease of the present use, the zone (Commercial General) allows for a variety of commercial and mixed uses, with a one acre footprint for expansion or left as open space. Complementing the main structure is a fifth-wheel trailer that has been retrofitted to accommodate 1-2 person habitants in a cozy, self-contained sleeper with the sights, sounds, and smells of the high desert aiding a dreamlike state of REM. Trailer can be included in the sale or removed. All FF&E can also be included as part of the current business operation. With the area growing everyday, play your cards right and you too can experience the satisfaction of owning a quintessential piece of western history.
Additional Properties
Property Other Use
  • Commercial General zone allowing for a variety of mixed and commercial uses
Property Highlights
  • Currently operating AirBNB, completely overhauled by ownership upon acquisition.
  • FF&E may convey
  • One acre of land allowing for expansion
  • Permitted alternative septic system
  • Upgraded water lines and electrical panel
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2023
$60,000
$0
$0
$40,480
$0
0%
Cash Flow for Current Listings
Listing Location
Attached Documents
  • Download | OM Historic Grand Canyon Trading Post.pdf ( 9,256.15KB)
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