140 W Oak Street, Globe, AZ 85501
- $530,000
- 7,924
- SqFt
- Sold Price
- $530,000
- List Price
- $570,000
- Closing Date
- Nov 03, 2025
- Days on Market
- 159
- Status
- CLOSED
- MLS#
- 6868396
- City
- Globe
- Living SQFT
- 7,924
- Lot Size
- 12,183
- Subdivision
- Globe Townsite
- Year Built
- 1950
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!
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Additional Information
- Acres
- 0.28
- Construction
- Block, Ducts Professionally Air-Sealed
- Cooling
- Heat Pump
- Electric
- APS
- Fencing
- Security
- Flooring
- Other
- Heating
- Heat Pump, Zoned
- Living Area
- 7,924
- Lot Size
- 12,183
- Parking Features
- Open, Parking Lot
- Roofing
- Composition, Rolled/Hot Mop
- Subdivision
- Globe Townsite
- Taxes
- $5
- Tax Year
- 2024
- Water
- City Franchise
- Zoning
- Commercial
Courtesy of Oak Realty. 928-425-7651 Selling Office: Oak Realty.
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