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Ideal for Office, Retail, or Restaurant Use! 1431 W Thatcher Blvd

1,731 SF Retail Building Safford, AZ 85546 £368,594 (£213/SF)

Investment Highlights

  • 1431 Thatcher Blvd (Hwy 70) is a prime unique commercial property, sold as is at $280 per SF or OBO, brooming with potential
  • Nearby amenities are within a short drive, including Walmart Supercenter, The Home Depot, Harbor Freight Tools, EAC College, hotels, and theaters.
  • Perfect for a office with unique ambiance, a retail boutique, or restaurant with and a partial basement and separate outer building for storage.
  • Ideally located on Hwy 70 and 1 mile from Hwy 191 that travels south to access the I-10 to Tucson or New Mexico, it has an over 21,500 VPD
  • Safford is the Graham County seat and is a marketing hub for shopping, dinning, hotels and business within a large radius
  • Set below the Graham Mountains, Safford is a growing, vibrant, and scenic community with a stable economy boosted by mining, farming, and developers.

Executive Summary

1431 Thatcher Boulevard is a historic 1,731-square-foot commercial property for sale by the owner in Safford, Arizona. Constructed in 1933, this commercial property is being sold as-is and was previously utilized as a chiropractors office and has 3-phase electricity. It comes with the initial architect and site plans for restaurant use. Some upgrades have been done (paint, roofs, windows). When stepping into the property, you are greeted by an unusually high cove ceiling, beautiful wood floors, antique light fixtures, and round beveled glass in the front door. The main room has built-in shelves that hold Harper Magazine books dating back to 1906, among others. There are two bathrooms (one for ADA accessibility). The partial basement and large shop building are suitable for storage or can be renovated into a separate office rental.

Situated on a 0.26-acre corner lot, this property has endless possibilities and is zoned for commercial. Extending the parking area is negotiable. The site has good visibility and a post for signage on the highway. 1431 Thatcher Boulevard is perfect for a buyer looking to add new life to a property filled with old-world charm and unique characteristics.

This is at a prime location on the stoplight corner of 14th Avenue and Highway 70 (Thatcher Boulevard), with a daily average car count of 21,501. Safford is a county seat and the hub for shopping, dining, hotels, entertainment, education, and outdoor activities. This property is centrally located between the shopping areas and Main Street, or Downtown Safford, which offers an array of local fares, festivals, and historic hot spots.

Safford, Arizona, is a welcoming community of residents who work in the mining and agricultural industries and enjoy the area's stunning natural beauty. Those who love outdoor activities like hunting, fishing, and hiking flock to Safford to observe the Graham Mountains and beyond. The area around 1431 Thatcher Boulevard is steadily growing; it just needs you.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,731 SF
Building Class
C
Year Built
1933
Price
£368,594
Price Per SF
£213
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Land Acres
0.26 AC
Zoning
C - Commercial
Parking
13 Spaces (7.51 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
3,792
19,678
23,649
30,744
2029 Population
4,154
21,224
25,526
32,830
2024-2029 Projected Population Growth
9.6%
7.9%
7.9%
6.8%
Median Age
37.2
33.5
34.2
34.7
College Degree + Higher
15%
18%
17%
12%
Daytime Employees
4,473
8,870
9,166
13,500
Total Businesses
567
916
967
1,147
Average Household Income
$64,371
$71,434
$71,230
$70,974
Median Household Income
$53,927
$59,831
$60,279
$59,781
Total Consumer Spending
$42.7M
$219.4M
$266.9M
$347M
2024 Households
1,523
7,042
8,441
10,823
Average Home Value
$182,724
$215,797
$213,137
$216,407
$ values in USD

Nearby Amenities

Restaurants

Subway - - 13 min walk

Retail

Walmart Dept Store 13 min walk
Speedway Convenience Market 14 min walk

Hotels

Best Western
66 rooms
1 min drive
Comfort Inn
88 rooms
4 min drive
SpringHill Suites
71 rooms
4 min drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
102-15-060B
Land Assessment
£5,922
Improvements Assessment
£19,031
Total Assessment
£24,953
  • Listing ID: 32274425

  • Date on Market: 27/06/2024

  • Last Updated:

  • Address: 1431 W Thatcher Blvd, Safford, AZ 85546

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