Route 66 mixed-use building with income in place. Ground floor restaurant tenant on a lease through 2032, with tenant contributing toward property taxes and liability insurance. Upstairs is gutted with plans for four apartments or hotel rooms, and framing for three units is already in place. Grandfathered by the City of Williams, so the upstairs can be remodeled now and is not affected by the current moratorium. Owner has maintained separate water and electric for the upstairs. Separate upstairs entrances in front on Route 66 and in back by the parking. New sewer line in 2025, furnace less than 10 years old, foam spray roof (2013) recoated about five years ago. Plenty of storage and three parking spaces in back. A strong opportunity in Williams, the Gateway to the Grand Canyon.
Courtesy of Compass.