145 W Route 66, Williams, AZ 86046

$2,450,000
Property Type: Commercial/Indstrial Square Footage: 12,438 Lot Size (sq. ft.): 13,504 Status: Closed
Current Price: $2,450,000 List Date: 4/18/2023 Last Modified: 12/11/2023

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.

More Information MLS# 1055367

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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