309 N HUMPHREYS Street, Flagstaff, AZ 86001
309 N HUMPHREYS Street, Flagstaff, AZ 86001
309 N HUMPHREYS Street, Flagstaff, AZ 86001
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$1,490,000
Est. payment /mo
7 Beds
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Flagstaff Townsite

MLS Listing ID 7065265

Bedrooms 7

Year Built 1943

Annual Tax Amount $6,991

Tax Year 2025

Lot Dimensions Irregular approx 78'x134'

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Discover a rare investment opportunity in the heart of Historic Downtown Flagstaff. The iconic circa 1906 Lindemann House occupies a high-profile corner lot and includes an expansive paved parking lot--an exceptional amenity in downtown Flagstaff. Rich in history, character, and income potential, this unique property offers flexibility for investors, business owners, or those seeking a mixed-use opportunity. The property features five residential units, including two 2-bedroom, 1-bath apartments, two 1-bedroom, 1-bath apartments, and one studio apartment. Currently operated with a combination of short- and long-term rentals, all units are transitioning to long-term rentals, providing stable income with additional upside potential. SELLER FINANCING is available to qualified Buyers, and the Seller prefers a Seller Financed sale.

Flagstaff's desirable Community Commercial (CC) zoning allows for a wide variety of commercial and residential uses. Over the years, the property has successfully housed a retail running store, hair salon, attorney's office, engineering office, and residential apartments, creating exceptional flexibility for future ownership.

The oversized paved parking lot provides abundant off-street parking--an increasingly valuable asset in Historic Downtown Flagstaff. Whether you continue its successful income-producing history, establish your own business, redevelop the site within zoning allowances, or create a unique live/work environment, the possibilities are extensive.

This is a one-of-a-kind historic downtown property offering character, strong income potential, outstanding visibility, abundant parking, flexible zoning, and exceptional long-term investment value.

Owner/Agent.

Location

State AZ

County Coconino

Community Flagstaff Townsite

Area Coconino

Zoning CC

Direction Route 66, north on Humphreys. NW corner of Humphreys St and Cherry Ave.

Interior

Heating Hot Water, Natural Gas

Cooling Ceiling Fan(s), Other, See Remarks, Window/Wall Unit, 2 or More Units

Flooring Carpet

Appliance Dishwasher, Refrigerator, Free-Standing Gas Oven, See Remarks, Microwave, Washer/Dryer, W/D Hookup

Exterior

Exterior Feature Sidewalk(s)

Parking Features Off Street, RV Access/Parking, Paved, Assigned

Community Features See Remarks, No Pool

Roof Type Composition,Rolled/Hot Mop

Private Pool No

Building

Sewer Public Sewer

Water Master Meter, City Franchise

Structure Type Sidewalk(s)

New Construction No

Schools

Elementary Schools Eva Marshall Elementary School

Middle Schools Mount Elden Middle School

School District Flagstaff Unified District

Others

Senior Community No

Tax ID 100-09-001-E

Acceptable Financing Owner May Carry, CTL, Conventional, 1031 Exchange

Disclosures Seller Prop Disc Stm

Listing Terms Owner May Carry, CTL, Conventional, 1031 Exchange


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Arizona Regional MLS (ARMLS)
Listed by Linton Real Estate, LLC • Bruce Bourne

Nearby Locations

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Chelsea Slade

Chelsea Slade

+1(928) 242-5974

Agent | SASA702581000

Agent SASA702581000

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