$1,025,000
Prescott, AZ 86303
MLS# 1060239
Status: Closed
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Property Description
In the heart of historic downtown Prescott, an exceptional commercial parcel of land awaits your vision. This prime offering boasts a .29 acre corner parcel superbly situated right on the Courthouse plaza, making it a coveted gem in the local real estate market. Zoned ''Downtown Business'' (DTB), this property provides a unique opportunity for entrepreneurs and investors to tap into the rich potential of this vibrant district. DTB zoning offers an array of lucrative possibilities for prospective buyers. This zoning classification is specifically tailored to encourage dynamic commercial and mixed-use development. Seller would consider a ground lease as well as a sale. Whether you envision a boutique retail store, a trendy cafe, a boutique hotel, or a combination of these, the DTB zoning
Details
Maps
Contract/Address/Legal
List Price/Acres: 3912579
Rent/Lease: Yes
Neighborhood: N/A
REO/Short Sale: Not Applicable
Land Type: Commercial/Industrial
Zoning: DTB
Lot #: 38
Lot Size: 11709
Assessor's Book #: 109
Assessor's Map #: 2
Assessor's Parcel #: 72
Legal: LOTS 38 39 40 41 ALL IN BLOCK 20 PRESCOTT BOOK 4 PAGE 22
Section: 4
Township: 13
General Property Description
Aprx Acres: 0.29
HOA Y/N: No
Tax Info
Taxes: 3922
Mfg/Mobile: No
Tax Year: 2023
Remarks & Misc
Directions: Southeast corner of Montezuma Street and West Goodwin Street
Remarks: In the heart of historic downtown Prescott, an exceptional commercial parcel of land awaits your vision. This prime offering boasts a .29 acre corner parcel superbly situated right on the Courthouse plaza, making it a coveted gem in the local real estate market. Zoned ''Downtown Business'' (DTB), this property provides a unique opportunity for entrepreneurs and investors to tap into the rich potential of this vibrant district. DTB zoning offers an array of lucrative possibilities for prospective buyers. This zoning classification is specifically tailored to encourage dynamic commercial and mixed-use development. Seller would consider a ground lease as well as a sale. Whether you envision a boutique retail store, a trendy cafe, a boutique hotel, or a combination of these, the DTB zoning
Status Change Info
Sold Price/Acres: 3534483
Financing: Cash
Under Contract Date: 2024-03-07
Sold Date: 2024-11-27
Sold Price: $1,025,000
Possession
At Recordation: 1
Records Available
Other - See Remarks: 1
Road Frontage Type
City Street: 1
Road Surface Type
Alley Paved: 1
Paved: 1
Road Responsibility
City Maintained Road: 1
Buildings
None: 1
Fencing
Partial: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
Lot Improvements
Alley: 1
Curbs: 1
Sidewalk(s): 1
Utilities Installed
None: 1
Building Restriction
Commercial: 1
Utilities Available
Cable TV: 1
City Sewer: 1
City Water: 1
Electricity: 1
Telephone: 1
Topo/Location
Corner: 1
Level: 1
Other Trees: 1
Views: 1
Site/Soil Evaluation
Not Applicable: 1
Views
City: 1
Pets/Animals
None: 1
Subdivision Features
None: 1
ContractAddressLegal
Original List Price: 1134648
Listing Date: 2023-11-01
Status: Closed
Listing Price: 1134648
Street #: 119
Direction: W
Street Name: Goodwin
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86303
County: Yavapai
Subdivision: Prescott
Tax Parcel: 109-02-072
Property Features
Buildings: None
Fencing: Partial
Lot Improvements: Alley; Curbs; Sidewalk(s)
Building Restriction: Commercial
Utilities Installed: None
Utilities Available: Cable TV; City Sewer; City Water; Electricity; Telephone
Road Frontage Type: City Street
Road Surface Type: Alley Paved; Paved
Road Responsibility: City Maintained Road
Records Available: Other - See Remarks
Subdivision Features: None
Possession: At Recordation
Supplements
allows for diverse enterprises that can cater to the varied needs of the bustling downtown community. The flexibility offered under DTB zoning permits ground-floor retail with residential or office spaces above, fostering a dynamic blend of commerce and community right at your doorstep all with very minimal parking requirements.
The location's magnetic charm is further amplified by its high pedestrian count and traffic count. The Courthouse plaza, steeped in history and charm, is a focal point of Prescott, drawing a steady stream of residents and tourists alike. Foot traffic is substantial, ensuring that your business will enjoy a constant flow of potential customers, while vehicular traffic passing through this area adds to the visibility and accessibility of the property.
Not only does this parcel provide a prime opportunity for commercial success, but it's also surrounded by the rich cultural and recreational offerings of Prescott. Museums, art galleries, live music venues, and a vibrant dining scene make this district a hub of activity. The lively atmosphere and vibrant community of downtown Prescott create a unique and inviting backdrop for any business venture.
The .29-acre lot provides ample space for creativity and expansion, allowing you to design your dream establishment. With the Courthouse Plaza as your front yard, you can host events, showcase products, or create an inviting outdoor space for patrons, all while being immersed in the picturesque beauty of Prescott.
Don't miss your chance to secure this remarkable commercial parcel on the Courthouse plaza, and make your mark in the heart of Prescott's downtown. Whether you're an ambitious entrepreneur or a savvy investor, this property offers an unmissable opportunity to thrive in an exceptional location, benefit from DTB zoning, and become an integral part of the vibrant downtown community. Seize this chance to be a part of the charm and history that defines Prescott's downtown landscape. Act now and turn your vision into a reality!"
Listing Office: Rent Right and Home Right
Last Updated: December - 06 - 2024
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.