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405 N Beaver St 8,115 SF 100% Leased Office Building Flagstaff, AZ 86001 $3,041,500 CAD ($374.80 CAD/SF) 5.69% Cap Rate



EXECUTIVE SUMMARY
Beaver Street Professional Building is ideally located in downtown Flagstaff at 405 N Beaver Street, positioned at the northwest corner of Beaver Street and W. Dale Avenue. The building totals 8,115 square feet and sits on a 0.36-acre (15,682 SF) lot. It is currently fully leased, with potential flexibility for a buyer seeking owner-occupancy.
Constructed in 1989, the three-story wood-frame office building features a functional layout with office spaces, restrooms on each level, an elevator, and HVAC units. The structure is in average to good condition. Recent improvements include exterior repainting, replacement of all sliding duo-pane windows, and installation of new main entry doors. The property offers excellent on-site parking, with 22 total surface spaces. Additional free street parking is also available.
Located within walking distance of downtown Flagstaff’s shops, restaurants, and services, this property combines convenience, accessibility, and strong tenant appeal.
Constructed in 1989, the three-story wood-frame office building features a functional layout with office spaces, restrooms on each level, an elevator, and HVAC units. The structure is in average to good condition. Recent improvements include exterior repainting, replacement of all sliding duo-pane windows, and installation of new main entry doors. The property offers excellent on-site parking, with 22 total surface spaces. Additional free street parking is also available.
Located within walking distance of downtown Flagstaff’s shops, restaurants, and services, this property combines convenience, accessibility, and strong tenant appeal.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
8,115 SF
Building Class
B
Year Built
1989
Price
$3,041,500 CAD
Price Per SF
$374.80 CAD
Cap Rate
5.69%
NOI
$173,144 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,705 SF
Slab To Slab
12’
Building FAR
0.52
Lot Size
0.36 AC
Zoning
CB - Central Business
Parking
22 Spaces (2.71 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 1
Walk Score®
Very Walkable (88)
Bike Score®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 100-04-001A | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $451,004 CAD |
PROPERTY TAXES
Parcel Number
100-04-001A
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$451,004 CAD
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405 N Beaver St
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