High density residential developer's infill dream in an ideal location in Old Town Flagstaff. Zoned HC, this property can conceptually fit up to 15 multi-level units, with numbers penciling nicely for similar high density builds that are dotting the landscape. Property also provides value add in a high demand rental market with some necessary improvements to the existing structure, or add to the footprint as a double lot. As this corridor continues to develop and the demand for housing rising rapidly, the opportunity is ripe to capture the upward trend. With the Standard student housing facility two blocks away and the dirt cleared on the 3 acres a half a block away for future development, and limited supply of adequate infill parcels, this one demands a very close look with pen and paper
Courtesy of: Coldwell Banker Northland The ARMLS logo indicates a shared property that may be listed by a real estate brokerage other than the ARMLS. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Updated: 17th September, 2021 6:18 PM
Russ Lyon Sotheby's International Realty7669 E Pinnacle Peak Road, Suite 110Scottsdale, AZ 85255
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