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45072 N Arizona Hwy 188, Tonto Basin, AZ 8555 45072 N Arizona Hwy 188 2,184 SF Vacant Retail Building Tonto Basin, AZ 85553 $975,748 CAD ($446.77 CAD/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
EXCEPTIONAL 3.6-ACRE INVESTMENT OPPORTUNITY near booming Roosevelt Lake Recreation Area. Three adjacent parcels assembled for maximum versatility. Main structure: 2200 sq ft partially finished building with shade canopies on both sides, ready for office, retail, residential or mixed-use build-out. Multiple electric meters allow separate tenant billing. Pre-installed water filtration system. Premium quality construction throughout with longest-lasting materials from roof down. Additional improvements include 12x16 workshop with power, fenced rear section with 24x48 steel RV carport and installed septic system ready for additional structures. Southern end features full 1-acre open area perfect for RV/boat storage, equipment sales, or mobile home park development. Property positioned to capitalize on explosive growth as Phoenix metro residents discover Roosevelt Lake - Arizona's largest in-state lake with 450,000+ annual visitor days, just 80 miles from 5 million Phoenix metro residents. Multiple revenue stream possibilities. Quality infrastructure in place. 70% remodel, including new 30 new year GAF roofing, all new low E windows. New fencing with privacy slats. Awnings are 18'x20' providing 360 sqaure feet of enclosed entertainment area. Recently upgraded and inpected septic. Ideal for investors and small business owners seeking established property in high-growth recreational market. The location, timing, and potential are perfectly aligned.
Note Parcel 1 is available for sale on it's own for $429,000 and parcel 2 is available individually for $119,000. Parcel 3 is only available through purchasing all the parcels together.
Note Parcel 1 is available for sale on it's own for $429,000 and parcel 2 is available individually for $119,000. Parcel 3 is only available through purchasing all the parcels together.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,184 SF
Building Class
B
Year Built
1995
Price
$975,748 CAD
Price Per SF
$446.77 CAD
Percent Leased
Vacant
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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