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Christine Espinoza

christine@christineespinoza.com +1(602) 989-7492

$ 19,000,000

Est. payment -/mo

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Active

6657 STATE ROUTE 179 -- Sedona, AZ 86351

6.49 Acres Lot

UPDATED:

09/01/2024 02:36 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Lake Plaza

MLS Listing ID 6722381

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1990

Annual Tax Amount $58,123

Tax Year 2023

Lot Size 6.490 Acres

Acres 6.49

Property Description

SEDONA VISTA VILLAGE at 6657 SR 179 boasts a prime hard corner location, offering unobstructed visibility from the intersection. Anchored by the prestigious new Westin Element Hotel, this recently renovated property presents immense upside potential through lease-up of the final vacancy and development options for the 3-acre parcel, including a drive-thru. Situated amidst high traffic on SR-179, it is occupied by credit tenants on long-term leases like Verizon and Famous Footwear. With a strong NOI of $1,100,000, this 53,304 SF property rests on 6.52 acres of land, making it a lucrative investment. The Sedona Vista Village is not just a shopping hub but an integral part of the Sedona lifestyle, featuring a diverse mix of retailers, restaurants, and entertainment options.

Location

State AZ

County Yavapai

Community Lake Plaza

Zoning Commercial

Direction Property is located on the NEC of Jacks Canyon Rd/Verde Valley School Rd and SR-179 in Sedona, Arizona (Village of Oak Creek).

Interior

Heating 2 or More Units

Cooling See Remarks, Central A/C

Flooring Concrete

Exterior

Garage Paved Parking, Free

Fence None

Waterfront No

Roof Type Foam

Present Use Restaurant,Mixed Use,Retail,Retail PAD,Service Business

Parking Type Paved Parking, Free

Total Parking Spaces 230

Building

Dwelling Type Other (See Remarks),Commercial

Sewer Sewer-In & Connected, Public Sewer

Water City Franchise

Others

Senior Community No

Tax ID 405-41-077-M

Listed by Vestis Group

Christine Espinoza

REALTOR | License ID: SA507573000

+1(602) 989-7492

Christine Espinoza

6657 STATE ROUTE 179 -- Sedona, AZ 86351

Key Details

Location

Interior

Exterior

Building

Others

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