Skip To Content

161 N Main Street

Snowflake, AZ 85937
  • $2,595,000
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: 6542415
UPDATED: 73 min ago
$2,595,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,283
    SQFT
  • $413
    $/SQFT
Type:
Commercial
Built:
1940
County:
Area:

School Ratings & Info

Description

Ever wanted to own a summer home in the higher elevations that pays for itself? Maybe you're a fan of largely hands-off passive real estate income. Or in search of a full-time residence that produces significant residual income. No matter your hot buttons, this might well be the place you've been looking for. Heritage Inn represents a unique opportunity for the entrepreneur, corporation, savvy investor, or snow bird.With a 3 bedroom, 3.5 bath historic home surrounded by 9 additional, external suites, the Heritage Inn is a highly profitable boutique inn. The inn's blend of high-tech operations and high-value amenities makes it unique in the hospitality industry and as close to a hands-off operation as possible. The inn was completely remodeled in 2022 and absolutely every fixture and piece of furniture in the entire property is brand new. More than 35% more rentable space was added to the base operation. The owners also added a new Guest Lounge/Continental Breakfast room. In 2022, during renovation with as much as half the inn shut down at any one time, the business maintained overall profitability. The full-scale renovation was completed in February of 2023 and the sales are ramping quickly. The Heritage Inn is located in the White Mountain region of AZ in the historic town of Snowflake. Snowflake is surrounded by multiple national parks and a year-round calendar of local and regional events. It is also the perfect stop off point for those traveling from the Phoenix or Tucson valleys to New Mexico, Colorado, or Utah. With an average temperature that is roughly 20 degrees cooler than the Phoenix/Tucson valleys, the White Mountains are a perfect combination of weather, scenery, lifestyle, and activities. Whether as a summer escape, a prosperous business, or full-time residence, come fall in love with the Heritage Inn, Snowflake, and the White Mountains region of northern Arizona.

Monthly Payment Calculator



Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2023-06-08T19:22:41.85.
www.yournextphoenixhome.com/homes/138441816
Print Image

161 N Main Street Snowflake, AZ 85937

  • Price: $2,595,000
  • Status: Active
  • On Site: 57 Days
  • Updated: 73 min ago
  • MLS #: 6542415
0
Beds
0
Baths
0
½ Baths
0.41
Acres
6,283
SQFT
$413
$/SQFT
1940
Built
County:
Navajo
Area:
Snowflake
Property Description
Ever wanted to own a summer home in the higher elevations that pays for itself? Maybe you're a fan of largely hands-off passive real estate income. Or in search of a full-time residence that produces significant residual income. No matter your hot buttons, this might well be the place you've been looking for. Heritage Inn represents a unique opportunity for the entrepreneur, corporation, savvy investor, or snow bird.With a 3 bedroom, 3.5 bath historic home surrounded by 9 additional, external suites, the Heritage Inn is a highly profitable boutique inn. The inn's blend of high-tech operations and high-value amenities makes it unique in the hospitality industry and as close to a hands-off operation as possible. The inn was completely remodeled in 2022 and absolutely every fixture and piece of furniture in the entire property is brand new. More than 35% more rentable space was added to the base operation. The owners also added a new Guest Lounge/Continental Breakfast room. In 2022, during renovation with as much as half the inn shut down at any one time, the business maintained overall profitability. The full-scale renovation was completed in February of 2023 and the sales are ramping quickly. The Heritage Inn is located in the White Mountain region of AZ in the historic town of Snowflake. Snowflake is surrounded by multiple national parks and a year-round calendar of local and regional events. It is also the perfect stop off point for those traveling from the Phoenix or Tucson valleys to New Mexico, Colorado, or Utah. With an average temperature that is roughly 20 degrees cooler than the Phoenix/Tucson valleys, the White Mountains are a perfect combination of weather, scenery, lifestyle, and activities. Whether as a summer escape, a prosperous business, or full-time residence, come fall in love with the Heritage Inn, Snowflake, and the White Mountains region of northern Arizona.
Exterior Features

Construction BrickFrame - Wood Covered Parking Spaces 0.00 Exterior Features Sprinkler Sys-Ground Fencing Other Parking FreePaved ParkingPrivate Parking Roofing ConcreteShake Stories 2 Stories Total Parking Spaces 10.00 Uncovered Parking Spaces 10.00

Interior Features

Amenities KitchenOther (See Remarks) Ceiling Height 10.1 Feet To 12 Feet Cooling Window/Wall Unit Flooring Wood Heating Natural Gas Interior Features Other (See Remarks)Smoke Detector(S)

Property Features

Adjusted Gross Inc 0.00 Building Type Commercial Cross Street Highway 77 And E 2nd N St in Snowflake Current Use OtherService Business Electric Aps Gas Other (See Remarks) Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 198K Net Operating Income 0.00 Other Income 0.00 Ownership Fee Simple Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 2239.00 Vacancy Allowance 0.30 Water Domestic WellIndividual MeterShared Well Zoning Commercial

Arizona Regional MLS logo Listing provided by West Usa Realty: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2023-06-08T19:22:41.85.
 
https://bt-photos.global.ssl.fastly.net/armls/orig_boomver_1_6542415-2.jpg https://bt-photos.global.ssl.fastly.net/armls/orig_boomver_1_6542415-2.jpg https://bt-photos.global.ssl.fastly.net/armls/orig_boomver_1_6542415-2.jpg
Logo
Elite Home Advisors | Keller Williams Realty Phoenix
4862 E Baseline Rd
Mesa AZ, 85206