Investment Overview

Marcus & Millichap is pleased to exclusively present for sale +/- 2.14 acres on State Route 89A in Clarkdale, Arizona. Clarkdale is located in the heart of Arizona’s Verde Valley, which is about 90 minutes north of the Phoenix area, 20 minutes south of Sedona, 5 minutes from Cottonwood, 60 minutes south of Flagstaff and 20 minutes to Interstate 17. The site is surrounded by commercial and single family homes. The Clarkdale downtown area is going through a revitalization phase with the addition of a new boutique hotel and microbrewery as well as several new multifamily projects within minutes of the site. The Town of Clarkdale also has a significant level of single family residential development occurring north of the downtown area. Over the past few years, the town has issued more building single family building permits than any of the neighboring Verde Valley jurisdictions of Cottonwood, Jerome, Sedona and Camp Verde. The property is commercial (C) zoned, which permits a variety of uses such as hotel/motel, bed & breakfast country inn, automotive sales/rental, restaurant/tavern/cafe, professional and business office, medical facility, manufacturing, medical marijuana dispensary, retail uses, assisted living, multifamily, C-store/gas station/carwash, laundry, storage facility, personal uses and daycare. The site is primarily square shaped, level topography and has +/- 214 ft of frontage on both State Rt 89A & Lisa Street. The town’s water and sewer lines are located near the property line. Location of all utility lines and capacity to be varied by buyer during due diligence period.