$900,000
Cottonwood, AZ 86326
MLS# 1065784
Status: Closed
4988 sqft
1 / 23
Property Description
Located on busy State Route 89A just west of Main St and east of 12th St in Cottonwood, AZ. The property is a fully leased 4988 square foot office building. The paved lot provides 29 parking spaces; one of which is reserved as a handicap space allowing easy access into the building. There are male and female bathrooms, a break room, conference room, storage and numerous offices. There is also a drive-through. The interior could be easily reconfigured as the building was designed with exterior wall support. The property is currently serviced by septic however there is also a sewer tap on the property if desired for future use. This office space was designed and built specifically for Arizona Public Service in 1985 and has been continually leased since. The NNN lease runs through 12/31/22.
Details
Maps
Contract/Address/Legal
Original List Price: 969000
Listing Date: 2024-07-01
Status: Closed
Listing Price: 969000
List Price/SqFt: 194
Street #: 1250
Direction: E
Street Name: State Route 89a
City/Township: Cottonwood
State: AZ
Zip Code: 86326
Subdivision: None
Neighborhood: N/A
County: Yavapai
Comm Type: Office
Zoning: C-2
Business Type: Utility Company
Business Name: APS
Tax Parcel: 406-06-022E
Assessor's Book #: 406
Assessor's Map #: 6
Assessor's Parcel #: 22
Assessor Parcel Ltr: E
REO/Short Sale: Not Applicable
Legal: AN IRREG SHAPED PCL THE SE COR LIES 50'N & 1005.32'W OF THE SE CO R NE4NE4 SEC 3-15-3E CONT .65 AC
General Property Description
Lot Size: 33717
Aprx Acres: 0.77
Buildings: 1
Total Liveable SqFt: 4988
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 33
Year Built: 1985
Management: Owner
NOI $: 71204
Cap %: 7.12
Baths - Full: 1
GRM: 7.38%
Property Use: Investment Prop
Construction Status: Existing
CC & R Fees: 4988
Tax Info
Taxes: 7311
Tax Year: 2019
Remarks & Misc
Directions: West of Main St onto State Route 89A. On right just before 12th St.
Office/Member Info
Listing Exclusions: No
Compensation: 3
Compensation Type: %
Status Change Info
Under Contract Date: 2024-07-01
Sold Date: 2024-07-01
Sold Price: $900,000
Sold Price/SqFt: 180
Financing: Owner Will Carry
Property Features
Bathrooms: ADA; Interior; Separate M and W
Building Type: Office - Building
Business Location: Freestanding Bldg; Office/Professional
Commercial Amenities: Grade Level
Construction: Other - See Remarks
Cooling: Central Air
External Amenities: Handicap Access; Landscaped; Paved Parking
Flooring: Other; See Remarks
Heating: Electric; Zoned
Internal Amenities: Bathroom; Kitchen
Parking: On-Site
Possession: At Recordation
Records Available: Site Plan; Survey
Road Responsibility: City Maintained Road; State Maintained Road
Roof: Rolled/Hot Mop
Pets/Animals: None
Terms & Conditions: 1031 Exchange; Conventional
Utilities Installed: Electricity; Individual Meter; Water - City; WWT - Septic
Listing Office: Linton Real Estate
Last Updated: July - 03 - 2024
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