Courtesy of Patrick Burch with ABI Multifamily

The historic Nackard Building is an iconic building located in the heart of downtown Flagstaff at 15 N San Francisco Street. This distinctive two-story mixed-use asset encompasses 19,168 square feet of retail, office, and residential space in historic downtown Flagstaff. The building consists of 16 small offices, 4 retail spaces, and 5 apartments. You can't get a better location in the downtown area, sitting right on the main drag, San Francisco St., directly at the entrance to the downtown area. This is ground zero in town and there is no better location for traffic. This cash-flowing property is anchored by strong tenants including the iconic Aspen Sports, which draws consistent patronage and attracts new tenants. MORE... Positioned in the heart of Downtown Flagstaff, the property is within walking distance of numerous dining, shopping, lodging, and entertainment options. Fifty percent of the more than 5.5 million tourists that pass through Flagstaff annually indicate that this is their final destination and that they plan to stay an average of three days. Flagstaff is THE booming mountain city of the Southwest. Flagstaff is a both a regional destination for rock climbers, mountain bikers, snowboarders and cross country skiing as well. The Nordic Village sits in the Arizona foothills of the San Francisco Peaks approximately 30 minutes away from the property and offers a great day or weekend escape for regional visitors. There are more than 40 km of trails through Aspen and Ponderosa forests all machine groomed for classic or skate skiing and 15 km of marked snowshoe trails. The new owner of this investment property will have a prime opportunity to capitalize on Flagstaff's popularity with a mix of short-term or long-term rental opportunities. It is only 0.3 mile walk to the very popular 43-acre Sawmill District with many popular businesses: Whole Foods, REI Sporting Goods and Wildflower Restaurant to name a few. It is only 4 blocks from NAU campus and the historic San Francisco retail/restaurant corridor leading to Heritage Square in downtown Flagstaff. In the summer, Heritage Square anchors the downtown area activities with family movie nights, musical events, art walks and wine tasting strolls.

-Centrally located in historic Downtown Flagstaff, within walking distance of endless dining, shopping, lodging, events, and entertainment options.
-Two-story building offers 19,168 square feet including 4 retail spaces, 16 small offices, and 5 apartments
-Walking Distance to NAU (Northern Arizona University)
-Situated at the corner of N San Francisco Street and Route 66, providing easy access to Interstate 40 and Flagstaff Amtrak
-A unique value-add opportunity to own an adaptable mixed-use asset allowing for a strategic lease-up plan to enhance its value further.
-Home to popular tenants including the iconic, popular Aspen Sports.
-Proximity to Northern Arizona University and the Grand Canyon, draws millions of visitors annually, enhancing the asset's demand