145 W Route 66, Williams, AZ 86046 (MLS# 1046525)


$3,850,000
145 W Route 66
Williams, AZ 86046
MLS# 1046525
13591 sqft


145 W Route 66, Williams, AZ 86046
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145 W Route 66, Williams, AZ 86046 145 W Route 66, Williams, AZ 86046 145 W Route 66, Williams, AZ 86046 145 W Route 66, Williams, AZ 86046 145 W Route 66, Williams, AZ 86046 145 W Route 66, Williams, AZ 86046 145 W Route 66, Williams, AZ 86046 145 W Route 66, Williams, AZ 86046 145 W Route 66, Williams, AZ 86046 145 W Route 66, Williams, AZ 86046 145 W Route 66, Williams, AZ 86046 145 W Route 66, Williams, AZ 86046 145 W Route 66, Williams, AZ 86046 145 W Route 66, Williams, AZ 86046

Property Description
The Historic Grand Canyon Hotel in the heart of Downtown Williams is For Sale! Built in 1891 it holds the title of the oldest Hotel in AZ and is located at the gateway to the Grand Canyon. She boost 29 hotel rooms. Each room is themed and individually decorated. 3 retail spaces with street fronts provide excellent annual incomes. This grand hotel is withing walking distance to many fine restaurants and shops. Just down the road is Bearazona and the Grand Canyon Railway. It's location is perfect. A 2021 Phase I is on file. The Hotel enjoys an AZ Hotel beer and wine license. Parking is free. A 2005 remodel included a 600 amp electrical service, new sewer lines, pex plumbing, electrical and room renovations. This seasonal hotel is generally open from April - October.

Details
Maps
Documents
Contract/Address/Legal
Original List Price: 3850000
Listing Date: 2022-04-02
Status: Active
Listing Price: 3850000
List Price/SqFt: 283
Street #: 145
Direction: W
Street Name: Route 66
City/Township: Williams
State: AZ
Zip Code: 86046
Subdivision: None
Neighborhood: N/A
County: Coconino
Comm Type: Hotel/Motel
Zoning: HP
Zoning Description: HIstorical Preservat
Business Type: Hotel
Business Name: Grand Canyon Hotel
Tax Parcel: 201-08-014, 201-08-015G, 201-08-015F
REO/Short Sale: Not Applicable
Legal: Coconino County Assessor's Parcel #s: 201-08-014 201-08-015G 201-08-015F
General Property Description
Lot Size: 13503
Aprx Acres: 0.31
Buildings: 2
Total Liveable SqFt: 13591
Source of Measuremnt: County Assessor
Stories: 2
Parking Spaces: 12
Year Built: 1891
Management: Owner
Vac Rate %: 25
NOI $: 184519
Cap %: 4.8
Baths - Full: 31
GRM: 9.97
Construction Status: Existing
Date Available: 2022-04-02
Amps: 660
Tax Info
Taxes: 10803.56
Tax Year: 2021
Builder Name: C. E. Boyce
Remarks & Misc
Directions: Off I-40 go north on Grand Canyon Blvd to Route 66. On the corner.
Office/Member Info
Listing Exclusions: No
Property Features
Bathrooms: Interior; Unisex
Building Type: 5+ Units; Motel/Hotel; Retail - Shopping Center
Business Location: Freestanding Bldg
Commercial Amenities: None
Construction: Frame - Wood
Cooling: Room A/C
External Amenities: Other - See Remarks
Flooring: Tile; Wood
Heating: Other - See Remarks
Internal Amenities: Other - See Remarks
Parking: On-Site
Records Available: Phase I
Road Access Maint: Maint-City; Paved
Roof: Rolled/Hot Mop
Terms & Conditions: 1031 Exchange; Conventional
Utilities Installed: 3 Phase; Electricity; Individual Meter; Telephone; Water - City; WWT - City Sewer

Listing Office: Linton Real Estate

Last Updated: October - 29 - 2022


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