AZ > Sedona > Lake Plaza
Sedona, AZ 86351,6657 STATE ROUTE 179 --
Sedona, AZ 86351,6657 STATE ROUTE 179 --
Sedona, AZ 86351,6657 STATE ROUTE 179 --
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$19,000,000
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6.49 Acres Lot
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6657 STATE ROUTE 179 -- Sedona, AZ 86351

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Mike Schude

Mike Schude

+1(480) 999-5669

UPDATED:

09/01/2024 02:36 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Lake Plaza

MLS Listing ID 6722381

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1990

Annual Tax Amount $58,123

Tax Year 2023

Lot Size 6.490 Acres

Acres 6.49

Property Description

SEDONA VISTA VILLAGE at 6657 SR 179 boasts a prime hard corner location, offering unobstructed visibility from the intersection. Anchored by the prestigious new Westin Element Hotel, this recently renovated property presents immense upside potential through lease-up of the final vacancy and development options for the 3-acre parcel, including a drive-thru. Situated amidst high traffic on SR-179, it is occupied by credit tenants on long-term leases like Verizon and Famous Footwear. With a strong NOI of $1,100,000, this 53,304 SF property rests on 6.52 acres of land, making it a lucrative investment. The Sedona Vista Village is not just a shopping hub but an integral part of the Sedona lifestyle, featuring a diverse mix of retailers, restaurants, and entertainment options.

Location

State AZ

County Yavapai

Community Lake Plaza

Zoning Commercial

Direction Property is located on the NEC of Jacks Canyon Rd/Verde Valley School Rd and SR-179 in Sedona, Arizona (Village of Oak Creek).

Interior

Heating 2 or More Units

Cooling See Remarks, Central A/C

Flooring Concrete

Exterior

Parking Features Paved Parking, Free

Fence None

Roof Type Foam

Present Use Restaurant,Mixed Use,Retail,Retail PAD,Service Business

Total Parking Spaces 230

Building

Dwelling Type Other (See Remarks),Commercial

Sewer Sewer-In & Connected, Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 405-41-077-M

Arizona Regional MLS (ARMLS)

Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Vestis Group

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Mike Schude

Team Leader | SASA548035000

+1(480) 999-5669

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6657 STATE ROUTE 179 --