Grand Canyon Historic Trading Post Airbnb | 435 Linger Ln
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Grand Canyon Historic Trading Post Airbnb 435 Linger Ln
1,728 SF Retail Building Williams, AZ 86046 $707,318 CAD ($409 CAD/SF) 7.96% Cap Rate
Investment Highlights
- Operating Airbnb fully equipped, grossed +$60,000 in 2023
- 22 miles south of the Grand Canyon
- Commercial General zone allowing for mixed and commercial uses
- Substantial infrastructural and interior/exterior improvements (see improvement list)
- Millions of annual traffic counts
- Permitted alternative septic system
Executive Summary
You may not be able to take title to this property by winning a card game as was once an old tale, but you surely can take ownership of this piece of Arizona history the traditional way. Originally built in 1976 as the first trading post in Valle (now Grand Canyon Junction), this freestanding building juxtaposes a bygone era with modern interior finishes upon entry off of the front porch-- where if you listen closely enough you can still hear the squeaky echoes from rocking chairs amid stories of Grand Canyon lore from their occupants. Only 22 miles south of the south entrance to the Grand Canyon, the property now serves as a short-term vacation rental to the throngs of travelers visiting one of the most breathtaking natural wonders in the world.
And by throngs we mean millions, yes millions, of traffic counts per year (5m to be exact). The owners have taken a building that has housed many types of uses over the course of its history, and transformed it into a 4.9 star reviewed retreat that has all of the present day amenities behind an unassuming facade--perfect for tranquility and serenity that coincides with the majesty of the geography. The transformation includes, but very much not limited to the following improvements: County certified septic system, rebuilt front porch, new water main, 200 amp commercial electrical service, commercial grade kitchen, ADA bathroom, updated water line from the 10k gallon water tank, and many more. While one could continue the ease of the present use, the zone (Commercial General) allows for a variety of commercial and mixed uses, with a one acre footprint for expansion or left as open space. Complementing the main structure is a fifth-wheel trailer that has been retrofitted to accommodate 1-2 person habitants in a cozy, self-contained sleeper with the sights, sounds, and smells of the high desert aiding a dreamlike state of REM. Trailer can be included in the sale or removed. All FF&E can also be included as part of the current business operation.
With the area growing everyday, play your cards right and you too can experience the satisfaction of owning a quintessential piece of western history. OMC; submit
And by throngs we mean millions, yes millions, of traffic counts per year (5m to be exact). The owners have taken a building that has housed many types of uses over the course of its history, and transformed it into a 4.9 star reviewed retreat that has all of the present day amenities behind an unassuming facade--perfect for tranquility and serenity that coincides with the majesty of the geography. The transformation includes, but very much not limited to the following improvements: County certified septic system, rebuilt front porch, new water main, 200 amp commercial electrical service, commercial grade kitchen, ADA bathroom, updated water line from the 10k gallon water tank, and many more. While one could continue the ease of the present use, the zone (Commercial General) allows for a variety of commercial and mixed uses, with a one acre footprint for expansion or left as open space. Complementing the main structure is a fifth-wheel trailer that has been retrofitted to accommodate 1-2 person habitants in a cozy, self-contained sleeper with the sights, sounds, and smells of the high desert aiding a dreamlike state of REM. Trailer can be included in the sale or removed. All FF&E can also be included as part of the current business operation.
With the area growing everyday, play your cards right and you too can experience the satisfaction of owning a quintessential piece of western history. OMC; submit
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $85,048 | $49.22 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $85,048 | $49.22 |
Taxes | $1,559 | $0.90 |
Operating Expenses | $26,110 | $15.11 |
Total Expenses | $27,669 | $16.01 |
Net Operating Income | $57,379 | $33.21 |
Financial Summary (Actual - 2023)
Gross Rental Income (CAD) | |
---|---|
Annual | $85,048 |
Annual Per SF | $49.22 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $85,048 |
Annual Per SF | $49.22 |
Taxes (CAD) | |
---|---|
Annual | $1,559 |
Annual Per SF | $0.90 |
Operating Expenses (CAD) | |
---|---|
Annual | $26,110 |
Annual Per SF | $15.11 |
Total Expenses (CAD) | |
---|---|
Annual | $27,669 |
Annual Per SF | $16.01 |
Net Operating Income (CAD) | |
---|---|
Annual | $57,379 |
Annual Per SF | $33.21 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,728 SF
Building Class
B
Year Built/Renovated
1976/2020
Price
$707,318 CAD
Price Per SF
$409 CAD
Cap Rate
7.96%
NOI
$56,302 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
CG - The county zone allows for myriad commercial and mixed uses.
Amenities
- 24 Hour Access
- Raised Floor
- Security System
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
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Grand Canyon Historic Trading Post Airbnb | 435 Linger Ln
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