Pending

402 E ROUTE 66 Route

Williams AZ, 86046

$1,300,000


$325.00 per sqft

Pending

4,000 sqft

Other

Built in 1945

Exceptional Business Opportunity in the Heart of Williams!Unlock your potential as a business owner with this prime property featuring 5 Airbnb units, with the ability to expand to 8 units, and potentially even 9! Nestled on the bustling main drag in Williams, this building offers 2-bedroom units, each equipped with a full kitchen and washer/dryer--perfect for extended stays. Immerse yourself in the lively atmosphere of Williams, and enjoy the convenience of witnessing parades from the comfort of your own room. Designed for maximum comfort, each unit boasts full bathrooms, accommodating 6 to 8 people. The versatility of the space allows for creative conversions, with two units spacious enough to be easily split into two. Upstairs, a generous open space awaits transformation into additional rental space, presenting the prospect of a total of 9 lucrative units.

Capitalizing on the strategic location, renting each unit at $285.00 per night promises a substantial income. With the potential to achieve a 5% CAP rate, this investment opportunity is further bolstered by Williams' status as the Gateway to the Grand Canyon, drawing in 6 million visitors annually. Benefit from the town's proactive support for local businesses, as Williams thrives on catering to the tourism industry.

Join the vibrant community of Williams, where dreams are big, and opportunities are rare. Seize this chance to acquire a property in a town where real estate is seldom available. Act now and become a part of this dynamic, growing community, surrounded by new breweries, restaurants, and local shops tailored exclusively for the thriving tourism market. Don't miss out on this unique investment in the Gateway to the Grand Canyon!

6643623

MLS ID

December 21, 2023

Listed

May 9, 2024

Updated

Map

402 E ROUTE 66 Route
Williams AZ, 86046

Interior Features

Floor Description

Carpet, Ceramic Tile, Vinyl, Concrete


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

2 or More Units, Electric, Natural Gas

Exterior/Building Features

Lot Size

0 Acres


Roof

Composition


Sewer

Public Sewer

Other Property Details

Taxes

$8,745


Tax Frequency

Annually


Days on Market

135


Garage

No


Parking

Paved Parking, Private Parking


Parking Total

12


View

No


County

Coconino


Water Source

City Franchise


Pool

No


Zoning

Commercial


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

5/4/2024

Pending

Courtesy of HomeSmart, MaRiane Kooistra

Listing Contact: 928-607-0335 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Grand Canyon Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 1:12 AM UTC, 5/9/2024.

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