$2,450,000
Williams, AZ 86046
MLS# 1055367
Status: Closed
12438 sqft
1 / 45
Property Description
Owner May Carry! 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 boosts 26 hotel rooms. Each room is themed and individually decorated. 3 retail spaces with street fronts provide excellent annual incomes. This grand hotel is within walking distance of many fine restaurants and shops. Just down the road is Bearazona and the Grand Canyon Railway. Its location is perfect. A 2021 Phase I is on file. The Hotel enjoys a beer and wine license. Parking is free. 2005 remodel included a 600 amp electrical service, new sewer lines, pex plumbing, and electrical and room renovations. This seasonal hotel is generally open from April - October.
Details
Maps
Contract/Address/Legal
List Price/SqFt: 273
Comm Type: Hotel/Motel
REO/Short Sale: Not Applicable
Zoning: HP
Business Name: Grand Canyon Hotel
Business Type: Hotel/Retail
Assessor's Book #: 201
Assessor's Map #: 8
Assessor's Parcel #: 14
Legal: LOT 11&12 BLOCK 16 WILLIAMS TOWNSITE
General Property Description
Aprx Acres: 0.31
Lot Size: 7101
Buildings: 2
Source of Measuremnt: County Assessor
Stories: 2
Floor: 3
Parking Spaces: 0
Management: Owner
Vac Rate %: 0
CAM $: 0
GRM: 10.49
CC & R Fees: 0
Date Available: 2023-04-18
Amps: 600
Total Liveable SqFt: 12438
Year Built: 1891
NOI $: 191873
Cap %: 4
Baths - Full: 32
Tax Info
Taxes: 9533.72
Tax Year: 2023
Remarks & Misc
Directions: On the corner of Old Route 66 and Grand Canyon Blvd.
Remarks: Owner May Carry! 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 boosts 26 hotel rooms. Each room is themed and individually decorated. 3 retail spaces with street fronts provide excellent annual incomes. This grand hotel is within walking distance of many fine restaurants and shops. Just down the road is Bearazona
and the Grand Canyon Railway. Its location is perfect. A 2021 Phase I is on file. The Hotel enjoys a beer and wine license. Parking is free. 2005 remodel included a 600 amp electrical service, new sewer lines, pex plumbing, and electrical and room renovations. This seasonal hotel is generally open from April - October.
Office/Member Info
Listing Exclusions: No
Status Change Info
Sold Price/SqFt: 197
Financing: Owner Will Carry
Under Contract Date: 2023-10-17
Sold Date: 2023-12-07
Sold Price: $2,450,000
Building Type
Motel/Hotel: 1
Retail - Shopping Center: 1
Construction
Frame - Wood: 1
Cooling
Ceiling Fan(s): 1
Room A/C: 1
External Amenities
Storage Yard: 1
Flooring
Carpet: 1
Wood: 1
Heating
Electric: 1
Natural Gas: 1
Other: 1
See Remarks: 1
Possession
At Recordation: 1
Records Available
Phase I: 1
Road Responsibility
City: 1
Paved: 1
Roof
Rolled/Hot Mop: 1
Bathrooms
Interior: 1
Business Location
Freestanding Bldg: 1
Terms & Conditions
Lease/Purchase: 1
Other - See Remarks: 1
Commercial Amenities
Grade Level: 1
Utilities Installed
Electricity: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Internal Amenities
Bathroom: 1
Ceiling Fan(s): 1
Parking
On-Site: 1
Street Parking: 1
Pets/Animals
Domestic: 1
ContractAddressLegal
Original List Price: 3950000
Listing Date: 2023-04-18
Status: Closed
Listing Price: 3400000
Street #: 145
Direction: W
Street Name: Route 66
City/Township: Williams
State: AZ
Zip Code: 86046
County: Coconino
Tax Parcel: 201-08-014
Property Features
Bathrooms: Interior
Building Type: Motel/Hotel; Retail - Shopping Center
Business Location: Freestanding Bldg
Commercial Amenities: Grade Level
Construction: Frame - Wood
Cooling: Ceiling Fan(s); Room A/C
External Amenities: Storage Yard
Flooring: Carpet; Wood
Heating: Electric; Natural Gas; Natural Gas; Other; See Remarks
Internal Amenities: Bathroom; Ceiling Fan(s)
Parking: On-Site; Street Parking
Possession: At Recordation
Records Available: Phase I
Road Responsibility: Paved
Roof: Rolled/Hot Mop
Utilities Installed: Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Linton Real Estate
Last Updated: December - 11 - 2023
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