For more information regarding the value of a property, please contact us for a free consultation.
140 W OAK Street Globe, AZ 85501
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $530,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Globe Townsite
MLS Listing ID 6868396
Sold Date 11/03/25
Maintenance Fees $600
Year Built 1950
Annual Tax Amount $5
Tax Year 2024
Lot Size 0.280 Acres
Acres 0.28
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Located in the heart of historic Globe, Arizona, just one block from the highway on Oak and Pine Streets, this 7,924 sq ft mixed-use property offers exceptional potential for investors. Currently home to four diverse storefronts - including a dentist's office, tattoo parlor, beauty salon, and AA recovery center - the property generates a rental income of $59,692. Additionally, it features two fully operational AirBnB units, with the possibility to add three more for even greater return potential. With an attractive 9.38% cap rate, this property is a prime opportunity for investors seeking strong, stable returns. Don't miss your chance to own a piece of Globe's vibrant commercial district! OWNER MAY CARRY!
Location
State AZ
County Gila
Community Globe Townsite
Area Gila
Zoning Commercial
Interior
Heating Heat Pump, 2 or More Units
Cooling Central Air, Window/Wall Unit, Heat Pump
Flooring Other
Exterior
Parking Features Parking Lot, Free
Fence Security
Roof Type Composition,Rolled/Hot Mop
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 208-03-202
Disclosures Seller Prop Disc Stm
Financing Carryback
Read Less
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with Oak Realty
GET MORE INFORMATION