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Commercial sold for $1,900,000 in 185 days

8500 Us89 Flagstaff, AZ, 86004

Neighborhood: Under 5 Acres

Off the market Commercial

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Famous steakhouse/lounge with 323 feet of frontage on U.S. Highway 89. BUSINESS AND REAL ESTATE INCLUDED! This log building consists of 6,458 square foot restaurant/retail on 2.27 acres of land with the backdrop of the San Francisco Peaks. Welcoming front hallway, lounge with custom horseshoe bar, dining area, club room known as Bill Owen Room, banquet room, and large spacious kitchen. with radiant heat fireplace, two walk-in coolers, hood, gas stove. prep area, and dishwasher. Rated ''Best of Flag'' four years in a row, this steakhouse was recently remodeled in 2014 with leather booths, custom light fixtures, and many more upgrades. Sale also includes all FF&E as well as original art and artifacts, two horses, horse corral, small wood frame storage building, 20X50 concrete pad for RV
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Property details

1978 year built
Price per sqft
$294/sqft
Address
8500 Us89, Flagstaff, AZ, 86004
City of Arizona
Flagstaff
County
Coconino
Year Built
1978
Neighborhood
Under 5 Acres
District
Out Of Area

Nearby major retailers

Safeway
Toyota
Supermarket: 2
Car: 1
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Interior Features

Other - See Remarks floors
Baths
None
Floor Covering
Other - See Remarks
Amenities
Refrigeration/Centrl, Other - See Remarks

Listed by

Mark Belsanti, da Vinci Realty
Name
Mark Belsanti
License number
SA104226000
Brokerage company
da Vinci Realty
MLS #
519845

Buyer agent

Name
Mark Belsanti
Brokerage company
da Vinci Realty
(928) 254-1770

Payment calculator

Calculate your monthly payments
Mortgage
$5,834
Taxes
$0
HOA dues
$0
$5,834 per month
Mortgage
$380,000 / 20%
2.28%
30 years
Your amount $5,834 / month

Exterior Features

Frame - Wood, Stone construction and more
Construction
Frame - Wood, Stone
Pool
No

Lot details

TMK #30127001d
Parcel nr.
30127001d

Under 5 Acres neighborhood info

Essentials nearby
Neighborhood stats
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in Under 5 Acres

35%
Families with children
National average: 39%
21%
Non family households
36,590
Population
$99,293
Average Income

Age & gender

Median age 36 years
More info

Commute types

84% commute by car
More info

Education level

26% have bachelor education
More info

Number of employees

27% work in education and healthcare
More info

Vehicles available

37% have 2 vehicle
More info

Vehicles by gender

37% have 2 vehicle
More info

Housing market insights for

$565k
Neighborhood average
sales price*
$565k
Neighborhood median
sales price*
1
Number
of sales*

Housing type

60% are single detacheds
More info

Rooms

37% of the houses have 4 or 5 rooms
More info

Bedrooms

67% have 2 or 3 bedrooms
More info

Owners vs Renters

63% are owners
More info

Schools

15 schools with rating up to 8
School rating Distance
5
out of 10
Sturgeon Cromer Elementary School
7150 East Silver Saddle Rd, Flagstaff, AZ 86004
Elementary School
1.657mi
4
out of 10
Summit High School
4000 North Cummings St, Flagstaff, AZ 86004
Middle School
3.205mi
4
out of 10
Summit High School
4000 North Cummings St, Flagstaff, AZ 86004
High School
3.205mi
School rating Distance
5
out of 10
Sturgeon Cromer Elementary School
7150 East Silver Saddle Rd, Flagstaff, AZ 86004
1.657mi
NR
Carden of the Peaks
7680 E Gemini Drive, Flagstaff, AZ 86004
2.547mi
NR
Northland Christian School
8000 U.S. 89, Flagstaff, AZ 86004
3.057mi
3
out of 10
John Q Thomas Elementary School
3330 East Lockett Rd, Flagstaff, AZ 86004
4.067mi
4
out of 10
Weitzel's Puente De Hozho Bilingual Magnet School
3401 North Fourth St, Flagstaff, AZ 86004
4.609mi
School rating Distance
4
out of 10
Summit High School
4000 North Cummings St, Flagstaff, AZ 86004
3.205mi
3
out of 10
Mount Elden Middle School
3223 North 4th St, Flagstaff, AZ 86004
4.683mi
NR
The Peak School
2016 North First St A And B, Flagstaff, AZ 86004
5.315mi
8
out of 10
Northland Preparatory Academy
3300 West Sparrow Ave, Flagstaff, AZ 86004
5.362mi
2
out of 10
Sinagua Middle School
3950 East Butler Ave, Flagstaff, AZ 86004
5.451mi
School rating Distance
4
out of 10
Summit High School
4000 North Cummings St, Flagstaff, AZ 86004
3.205mi
4
out of 10
Ponderosa High School
2384 N. Steves Blvd., Flagstaff, AZ 86004
4.741mi
7
out of 10
Coconino High School
2801 North Izabel St, Flagstaff, AZ 86004
5.201mi
NR
Caviat - Coconino High School
2801 North Izabel, Flagstaff, AZ 86004
5.273mi
8
out of 10
Northland Preparatory Academy
3300 West Sparrow Ave, Flagstaff, AZ 86004
5.362mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Pending - Take Backup Dec 27, 2019

Under 5 Acres Median sales price 2024

Bedrooms Med. price % of listings
3 beds $464.9k 50%
4 beds $1.18m 50%
Date Event Price $/sqft Source
Dec 27, 2019 Pending - Take Backup $1,950,000 301.95 MLS #519845
Nov 13, 2019 Sold $1,900,000 294.21 Public Record
Nov 13, 2019 Price Decrease $1,900,000 -2.56% 294.21 MLS #519845
May 13, 2019 New Listing $1,950,000 301.95 MLS #519845

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Frequently Asked Questions about 8500 Us89

What is 8500 Us89?

8500 Us89 is a Commercial/Industrial property.

What is the rental income?

-

What is the full address of this Commercial?

8500 Us89, Flagstaff, AZ, 86004.

What comparable properties are nearby?

Comparable nearby commercial properties include 528 W Aspen Ave, 101 S Milton Rd, 2115 Mountain Rd, 1008 N Main St, 1013 E Mingus Ave, 415 S Main St.

MLS Disclaimer: Copyright 2024 Sedona Verde Valley Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. Listing courtesy of da Vinci Realty.
Listing last updated on: Jan 02, 2020
Verhouse Last checked 5 minutes ago


The closest grocery stores are Safeway, 2.97 miles away and The Co-operative, 4.95 miles away.
The Under 5 Acres neighborhood has a population of 36,590, and 35% of the families have children. The median age is 36.9 years and 84% commute by car. The most popular housing type is "single detached" and 63% is owner.
Commercial Sold $1.9m 8500 Us89, Flagstaff, AZ, 86004 Save House Remove from Saved