High density residential developer's dream in an ideal location in Old Town Flagstaff. Zoned HC and out of the floodway, this property can conceptually fit up to 9 condos as full residential and conceptually add another 4-5 units with the combination of the adjacent parcel at 813 W. Clay MLS# 183877 also listed. Property (s) priced for the dirt, with numbers penciling very well for similar high density builds that are dotting the landscape. Existing structure conveys in as-is condition, with no assigned value. As this corridor continues to develop and the demand for infill housing rising rapidly, the opportunity is ripe to capture the upward trend.
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 7:18 PM
Russ Lyon Sotheby's International Realty7669 E Pinnacle Peak Road, Suite 110Scottsdale, AZ 85255
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