122 N Cortez Street, Prescott, AZ 86301 (MLS# 1000617)


$3,200,000
122 N Cortez Street
Prescott, AZ 86301
MLS# 1000617
Status: Closed
16 baths  |  50903 sqft


122 N Cortez Street, Prescott, AZ 86301
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122 N Cortez Street, Prescott, AZ 86301

Property Description
Historic ''MID-CENTURY MODERN'' flex building, concrete structure, built in 1963. 3 STORIES of office space with elevator, restrooms on each floor and in some of the offices. 4th FLOOR has 2,183 sf penthouse with mechanicals for building. LOWER LEVEL secured parking garage with 34 parking spaces. Zoned multiple HVAC Units. Street parking, city parking lot behind building and city parking garage within 1.5 blocks. Beautiful building with enormous potential for multi use space. Zoned DTB-Downtown Business district allows business and/or residential uses. SPACE AVAILABLE FOR LEASE.

Details
Maps
Documents
Contract/Address/Legal
Original List Price: 5390000
Listing Date: 2017-01-21
Status: Closed
Listing Price: 3600000
List Price/SqFt: 71
Street #: 122
Direction: N
Street Name: Cortez
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Comm Type: Office
Zoning: DTB
Zoning Description: downtown business
Business Type: office or retail
Business Name: BULLERI BUILDING
Tax Parcel: 113-15-108
Assessor's Book #: 113
Assessor's Map #: 15
Assessor's Parcel #: 108
REO/Short Sale: Not Applicable
Legal: LOT 13 BLOCK 8 PRESCOTT
General Property Description
Lot Size: 15000
Aprx Acres: 0.34
Buildings: 1
Total Liveable SqFt: 50903
Source of Measuremnt: County Assessor
Stories: 3
Floor: 4
Parking Spaces: 34
Year Built: 1963
Management: Owner
Vac Rate %: 25
Baths - Full: 30
Property Use: Investment Prop
Construction Status: Existing
Space Available: Yes
Date Available: 2017-01-21
Total Bathrooms: 16
CC & R: No
CC & R Type: None
Tax Info
Taxes: 27069.22
Tax Year: 2016
Remarks & Misc
Directions: From Gurley Street, N on Cortez Street to property on the west side of the street next to The Office Restaurant.
Office/Member Info
Listing Exclusions: No
Compensation: 2
Compensation Type: %
Status Change Info
Under Contract Date: 2021-10-27
Sold Date: 2022-04-01
Sold Price: $3,200,000
Sold Price/SqFt: 63
Financing: Cash
Property Features
Bathrooms: ADA; Interior; Public; Separate M and W
Building Type: 5+ Units; Food Service; Motel/Hotel; Office - Building; Other - See Remarks
Business Location: Freestanding Bldg; Office/Professional; Other - See Remarks
Commercial Amenities: Grade Level; Other - See Remarks
Construction: Block/Brick; Frame - Steel; Other - See Remarks
Cooling: Central Air
External Amenities: Handicap Access; Paved Parking; Security Lights; Other - See Remarks
Flooring: Carpet; Tile; Other; See Remarks
Heating: Natural Gas; Natural Gas; Zoned
Internal Amenities: Bathroom; Elevator(s); Fire/Smoke Detector
Parking: On-Site; Street Parking; Other - See Remarks
Possession: At Recordation
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road
Roof: Welded Membrane
Terms & Conditions: 1031 Exchange; Conventional
Utilities Installed: 220; Electricity; Master Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer

Listing Office: Carrera Investments, LLC

Last Updated: April - 01 - 2022


The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction.

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.


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