SOLD 02/29/2024
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Interior Features
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Commercial sold for $2,900,000 in 221 days
1490 W State Rte 89a Sedona, AZ, 86336
Neighborhood: Commercial OnlyOff the market Commercial
SEE OFFERING MEMORANDUM FOR DETAILS.Sale leaseback from COE.Low maintenance income producing property in heart of Sedona.10 year NNN w/annual base rent increases. 6.0% CAP rate. Experienced operator w/7 Jay Bird's locations.Occupied by Jay Bird's Nashville Hot Chicken (only fried chicken concept in Sedona).3 other owned and operated restaurants in Sedona alone (see OM for details)30 total restaurants and counting throughout West/Southwest.High barrier to entry market.Frontage property w/monument sign.One of the few drive-thru establishments in town.Pride of ownership.Perfect candidate for 1031 exchange. *Real estate only - business NOT for sale.
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Property details
2009 year built
Price per sqft
$681/sqft
Address
1490 W State Rte 89a, Sedona, AZ, 86336
City of Arizona
Sedona
County
Yavapai
Year Built
2009
Neighborhood
Commercial Only
District
West Sedona
Nearby major retailers
Safeway
Whole Foods Market
Supermarket: 2
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Interior Features
Tile floors
Baths
None
Floor Covering
Tile
Amenities
Ceiling Fan(s), Refrigeration/Centrl, Handicap Access, Landscape, Patio/Deck, Sprinkler/Drip
Listed by
Jack McMahon, McMahon & Miller Commercial Real Estate, LLC
Name
Jack McMahon
License number
BR649715000
Brokerage company
McMahon & Miller Commercial Real Estate, LLC
MLS #
533643
Buyer agent
Name
Jack McMahon
Brokerage company
McMahon & Miller Commercial Real Estate, LLC
(928) 224-2709
(928) 224-2709
Payment calculator
Calculate your monthly payments
Mortgage
$8,904
Taxes
$0
HOA dues
$0
Mortgage
$580,000 / 20%
2.28%
30 years
Your amount
$8,904 / month
Exterior Features
Block, Frame - Wood, Stucco construction and more
Construction
Block, Frame - Wood, Stucco
Pool
No
Lot details
TMK #40825038f
Parcel nr.
40825038f
Commercial Only neighborhood info
Essentials nearby
Neighborhood stats
Walkability
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 Commercial Only
19%
Families with children
National average: 39%
35%
Non family households
17,019
Population
$100,389
Average Income
Age & gender
Median age 59 years
More info
Commute types
66% commute by car
More info
Education level
27% have bachelor education
More info
Number of employees
16% work in management
More info
Vehicles available
46% have 2 vehicle
More info
Vehicles by gender
46% have 2 vehicle
More info
Housing market insights for
$1.04m
Neighborhood average
sales price*
sales price*
$946.95k
Neighborhood median
sales price*
sales price*
156
Number
of sales*
of sales*
Housing type
71% are single detacheds
More info
Rooms
36% of the houses have 4 or 5 rooms
More info
Bedrooms
81% have 2 or 3 bedrooms
More info
Owners vs Renters
74% are owners
More info
6.67 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Schools
15 schools with rating up to 9
| School rating | Distance | |
|---|---|---|
|
Mountain School
311 West Cattle Dr Trail,
Flagstaff, AZ 86001
Elementary School |
21.699mi | |
|
Pine Forest School
2257 E. Cedar Avenue,
Flagstaff, AZ 86001
Middle School |
23.668mi | |
|
Caviat - Child Care Center Central Campus
2800 South Lone Tree Rd,
Flagstaff, AZ 86001
High School |
22.687mi | |
| School rating | Distance | |
|---|---|---|
|
Mountain School
311 West Cattle Dr Trail,
Flagstaff, AZ 86001
|
21.699mi | |
| out of 10 |
Manuel De Miguel Elementary School
3500 South Gillenwater Dr,
Flagstaff, AZ 86001
|
21.846mi |
|
Pine Forest School
2257 E. Cedar Avenue,
Flagstaff, AZ 86001
|
23.668mi | |
|
Haven Montessori Charter School
621 West Clay Ave,
Flagstaff, AZ 86001
|
24.059mi | |
|
San Francisco De Asis
320 North Humphreys Street,
Flagstaff, AZ 86001
|
24.594mi | |
| School rating | Distance | |
|---|---|---|
|
Pine Forest School
2257 E. Cedar Avenue,
Flagstaff, AZ 86001
|
23.668mi | |
|
San Francisco De Asis
320 North Humphreys Street,
Flagstaff, AZ 86001
|
24.594mi | |
| out of 10 |
Sinagua Middle School
3950 East Butler Ave,
Flagstaff, AZ 86004
|
25.183mi |
| out of 10 |
BASIS Flagstaff
1700 N. Gemini Dr.,
Flagstaff, AZ 86001
|
25.292mi |
| out of 10 |
Northland Preparatory Academy
3300 West Sparrow Ave,
Flagstaff, AZ 86004
|
25.332mi |
| School rating | Distance | |
|---|---|---|
|
Caviat - Child Care Center Central Campus
2800 South Lone Tree Rd,
Flagstaff, AZ 86001
|
22.687mi | |
| out of 10 |
Flagstaff High School
400 West Elm St,
Flagstaff, AZ 86001
|
24.751mi |
|
Caviat - Flagstaff High School
3000 N Fourth St. ,
Flagstaff, AZ 86001
|
24.828mi | |
| out of 10 |
BASIS Flagstaff
1700 N. Gemini Dr.,
Flagstaff, AZ 86001
|
25.292mi |
| out of 10 |
Northland Preparatory Academy
3300 West Sparrow Ave,
Flagstaff, AZ 86004
|
25.332mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Feb 29, 2024
Commercial Only Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| No data for selected period | ||
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 29, 2024 | Sold | $2,900,000 | 681.23 | Public Record |
| Feb 29, 2024 | Price Decrease | $2,900,000 -3.29% | 681.23 | MLS #533643 |
| Dec 27, 2023 | Pending - Take Backup | $2,998,800 | 704.44 | MLS #533643 |
| Jul 12, 2023 | New Listing | $2,998,800 +39.48% | 704.44 | MLS #533643 |
| Mar 19, 2021 | Sold | $2,150,000 | 589.69 | Public Record |
| Mar 19, 2021 | Price Decrease | $2,150,000 -4.44% | 589.69 | MLS #520869 |
| Mar 19, 2021 | Pending | $2,250,000 | 617.11 | MLS #520869 |
| Mar 19, 2021 | Price Decrease | $2,250,000 -15.09% | 617.11 | MLS #520869 |
| Mar 5, 2021 | Pending - Take Backup | $2,650,000 | 726.82 | MLS #520869 |
| Nov 29, 2019 | Price Increase | $2,650,000 +43.24% | 726.82 | MLS #520869 |
| Sep 3, 2019 | New Listing | $1,850,000 +27.59% | 507.41 | MLS #520869 |
| Oct 16, 2017 | Sold | $1,450,000 | 397.81 | Public Record |
| Oct 16, 2017 | Price Decrease | $1,450,000 -38.3% | 397.81 | MLS #511231 |
| Sep 23, 2016 | New Listing | $2,350,000 +161.11% | 644.72 | MLS #511231 |
| Nov 30, 2007 | Sold | $900,000 | 20.06 | Public Record |
| Nov 30, 2007 | Price Decrease | $900,000 -10% | 20.06 | MLS #109505 |
| Jul 19, 2006 | New Listing | $1,000,000 | 22.29 | MLS #109505 |
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Frequently Asked Questions about 1490 W State Rte 89a
What is 1490 W State Rte 89a?
1490 W State Rte 89a is a Commercial/Industrial property.
What is the rental income?
-
What is the full address of this Commercial?
1490 W State Rte 89a, Sedona, AZ, 86336.
What comparable properties are nearby?
Comparable nearby commercial properties include 415 S Main St, 1013 E Mingus Ave, 600 S 12th St, 258-260 Justin Dr, 412 Whipple St, 101 S Milton Rd.
MLS Disclaimer: Copyright 2024 Sedona Verde Valley Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. Listing courtesy of McMahon & Miller Commercial Real Estate, LLC.
Listing last updated on: Feb 29, 2024
Verhouse Last checked 2 minutes ago
The closest grocery stores are Whole Foods Market, 0.09 miles away and Natural Grocers, 0.41 miles away.
The Commercial Only neighborhood has a population of 17,019, and 19% of the families have children. The median age is 59.37 years and 66% commute by car. The most popular housing type is "single detached" and 74% is owner.
