45072 N Arizona Hwy 188, Tonto Basin, AZ 8555 | 45072 N Arizona Hwy 188
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45072 N Arizona Hwy 188, Tonto Basin, AZ 8555 45072 N Arizona Hwy 188
2,184 SF 100% Leased Retail Building Tonto Basin, AZ 85553 $699,000 ($320.05/SF)
INVESTMENT HIGHLIGHTS
- Perfect for short-term rentals such as Airbnb or VRBO
- Creating a Live-Work option with multiple buildings.
- build-to-suit single or multi-unit retail center or office building
- Ample Parking
EXECUTIVE SUMMARY
Versatile Property with Commercial & Residential Opportunities. Located just 10 miles north of Arizona's largest interior lake on Highway 188, this property offers endless possibilities for development. Comprised of up to three adjacent parcels, it’s a prime build-to-suit opportunity, strategically positioned along the main access route to Lake Roosevelt, making it an excellent investment for businesses or live-work business owners. This offering includes only the existing retail/office building which is ready to customize to your tastes and preferences with the interior finishes yet to be completed and the completion of the interior items included in the price. The property is located on Parcel 1 (~1.6 Acres) and was initially designed to be a 4 Bedroom, 3 Bath, 2184 SF single-family residence or vacation home. Additionally available are two other adjacent parcels. Parcel 3 (~0.6 Acre): Includes a 608 SF 1 Bedroom 1 Bath Efficiency Home and a 24' x 48' steel RV/carport. By combining Parcel 1 and Parcel 3 (~2.6 Acres) you will end up with a property perfect for short-term rentals such as Airbnb or VRBO or Live-Work option. By combining all three Parcels you will have additional raw land and all the structures bringing the total land area to ~3.6 Acres. Multifamily applications are available by completing the interior of the main building as a residence or duplex and adding the efficiency home.
Don’t miss this rare opportunity to build or expand in a high-traffic, prime location near Lake Roosevelt and the Tonto National Forest!
Don’t miss this rare opportunity to build or expand in a high-traffic, prime location near Lake Roosevelt and the Tonto National Forest!
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
2,184 SF
Building Class
B
Year Built
1995
Price
$699,000
Price Per SF
$320.05
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
1.60 AC
Frontage
120’ on Highway 188
AMENITIES
- Fenced Lot
- Freeway Visibility
- Monument Signage
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45072 N Arizona Hwy 188, Tonto Basin, AZ 8555 | 45072 N Arizona Hwy 188
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