Map Of Neighborhoods

$1,300,000
402 E ROUTE 66 Route
Williams, AZ 86046
MLS# 6643623

Front Elevation
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Front Elevation Front Elevation Front Elevation looking Down the Street Front Deck View Front Deck Table Storage Sheds in the Front Back Patio and Parking 402 E ROUTE 66 Route, Williams, AZ 86046 Back patio BBQ Back Patio The Elephant Room The Elephant Room The Elephant Room The Elephant bedroom I The Elephant Room bedroom II The Elephant Room Kitchen The Elephant Room Bathroom The Lion Room The Lion Room Kitchen The Lion Room Overview The Lion Room The Lion Room Bedroom I The Lion Room Bedroom II The Lion Room Bathroom The Room With A View Kitchen The Room With A View The Room With A View Overview The Room With A View Bedroom Area I The Room With A View Bedroom Area II The Room With A View Bathroom Future Airbnb Room Currently used by Sellers Future Airbnb Room Kitchen Future Airbnb Room Bathroom Future Airbnb Room Bedroom I Storage Area (Future Airbnb Room) Future Airbnb Room

Property Description
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.

Details
Maps
Contract Info
Current Price: $1,300,000
List Price: $1,300,000
Status: Active
List Date: 2023-12-21
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: $
Location, Tax & Legal
House Number: 402
Compass: E
Street Name: ROUTE 66
St Suffix: Route
City/Town Code: Williams
State/Province: AZ
Zip Code: 86046
Zip4: 2700
Country: USA
County Code: Coconino
Legal Description (Abbrev): SUBDIVISION: TABER ADD BLOCK: 9I LOT: 9 THRU:- LOT: 12 , , , SIXTEENTH: SW QUARTER: SE SECTION: 28 T
Subdivision: TABER ADDITION
Assessor's Map #: 7
Assessor's Parcel #: 21
Assessor Parcel Ltr: A
Add'l Parcels: Yes
Assessor Number: 200-07-021-A
Census Tract: 1700
Legal: SUBDIVISION: TABER ADD BLOCK: 9I LOT: 9 THRU:- LOT: 12 , , , SIXTEENTH: SW QUARTER: SE SECTION: 28 T
Tax Municipality: Williams
Taxes: 8745
Tax Year: 2023
Marketing Name: STR
General Property Description
Ttl Apx SqFt Bldg: 4000
# of Buildings: 2
Year Built: 1945
Uncvrd Parking Spcs: 10
Zoning: Commercial
Flood Zone: No
Remarks & Misc
Cross Street: Lewis Street
Directions: From I-40 use exit 65 turn south on Old Route 66, at Lewis Street turn left proceed one block south on Lewis street The building is right on the corner of Route 66 and Lewis Street.
Geo Lat: 35.25182
Geo Lon: -112.183567
Status Change Info
Status Change Date: 2023-12-27
Legal Info
Lot Number: 10-12
Income & Expenses
Owner Association: No
Pmt & Rate Info
Equity: 1300000
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Building Type: Commercial; Other (See Remarks)
Current Use: See Remarks
Stories: 2 Stories
Construction: Frame - Wood
Roofing: Comp Shingle
Floors: Concrete; Vinyl; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Natural Gas; 2 or More Units
Cooling: None
Loading Facilities: None
Interior: Finished; Private Restrooms
Exterior: Corner Lot
Fencing: Chain Link; Partial
Parking: Private Parking; Paved Parking
Electric: APS; City Electric; Master Meter
Gas: City Gas; Underground
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: Up to 1 Mile
Showing Notification Methods: Phone Call
Lockbox Type: None
Special: Owner/Agent
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Other (See Rmks)
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Non Assumable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt
Traffic Count: 175,001 to 200,000
Reports/Disclosures: None
Environmental: None
Supplements
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!

Listing Office: HomeSmart

Last Updated: December - 27 - 2023

402 E ROUTE 66 Route, Williams, AZ 86046 - MLS# 6643623
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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