$3,600,000
Prescott, AZ 86305
MLS# 1032948
Status: Closed
68757 sqft
1 / 120
Property Description
This extraordinary opportunity to acquire and/or lease the West End Plaza (the Center). Formerly a Fry's anchored the shopping center, the Center is located at 1479-1529 W. Gurley St just 1 mile west of Downtown Prescott & the Courthouse Square. This rare repositioning opportunity includes approx. 5.73 acres plus the 68,757 sf Shopping Center. The purchase price has been reduced by $600,000 to $3,600,000 or $52.36/sf. The lease opportunities range in size from 4,000 sf to 50,000 sf. The former Fry's space of approx. 50,000 sf. is ideal for users with large square foot requirements and includes 20 foot ceiling heights and loading docks. The property enjoys excellent demographics, serving residential neighborhoods and custom home subdivisions to the north, south and west.
Details
Maps
Contract/Address/Legal
Original List Price: 3600000
Listing Date: 2020-09-19
Status: Closed
Listing Price: 3600000
List Price/SqFt: 52
Street #: 1459-1527
Direction: W
Street Name: Gurley
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86305
County: Yavapai
Comm Type: Retail
Zoning: BG
Tax Parcel: 111-08-038C
Assessor's Book #: 111
Assessor's Map #: 8
Assessor's Parcel #: 38
Assessor Parcel Ltr: C
REO/Short Sale: Not Applicable
Legal: IDYLWILD TRACT LOTS 400 401 LYING E OF W GURLEY ST ALL OFLOT 411; NWLY 1/2 OF LOT 412; NELY 1/2 OF LOT 399; TRI PTN IN SW COR O F LOT 417; TRI PTN IN NW COR OF LOT 416; LOT 409 LYING S OF W G UR LEY LESS E 99'; LOT 395 THE E 120' LYING SELY OF GURLEY
General Property Description
Lot Size: 226948
Aprx Acres: 5.73
Buildings: 2
Total Liveable SqFt: 68757
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 325
Year Built: 1964
Baths - Full: 6
Tax Info
Taxes: 34136
Tax Year: 2019
Remarks & Misc
Directions: Head west on Gurley St for approx. 1.0 mile West from Downtown Prescott's Courthouse Square. Former Fry's Shopping Center on the left.
Office/Member Info
Compensation: 2
Compensation Type: %
Status Change Info
Under Contract Date: 2021-05-07
Sold Date: 2021-05-07
Sold Price: $3,560,000
Sold Price/SqFt: 52
Financing: Conventional
Property Features
Bathrooms: ADA; Interior; Separate M and W; Unisex
Building Type: 5+ Units; Indust - Flex Space; Indust - Warehouse; Medical/Dental; Office - Building; Religious Facility; Retail - Shopping Center
Business Location: Commercial Strip; Freestanding Bldg; Multiple Locations; Office/Professional; Redevelopment Area
Commercial Amenities: Grade Level; Roll-Up Door(s); Ceiling Ht. Under 12; Ceiling Ht. 12-15; Ceiling Ht. 16+; Truck/Loading Dock
Construction: Block/Brick; Frame - Wood; Stucco
Cooling: Gas Pack
External Amenities: Fence; Handicap Access; Paved Parking
Flooring: Carpet; Concrete
Heating: Natural Gas; Natural Gas
Internal Amenities: Fire/Smoke Detector; Sprinklers
Parking: On-Site; Truck
Possession: At Recordation
Records Available: Site Plan; Survey
Road Responsibility: City Maintained Road; Paved
Roof: Rolled/Hot Mop
Terms & Conditions: Conventional; Submit
Utilities Installed: Electricity; Individual Meter; Master Meter; Natural Gas; Security System; Telephone; Underground; Water - City; WWT - City Sewer
Supplements
This extraordinary opportunity to acquire and/or lease the West End Plaza (the Center). Formerly a Fry's anchored the shopping center, the Center is located at 1479-1529 W. Gurley St just 1 mile west of Downtown Prescott & the Courthouse Square. This rare repositioning opportunity includes approx. 5.73 acres plus the 68,757 sf Shopping Center. The purchase price has been reduced by $600,000 to $3,600,000 or $52.36/sf. The lease opportunities range in size from 4,000 sf to 50,000 sf. The former Fry's space of approx. 50,000 sf. is ideal for users with large square foot requirements and includes 20 foot ceiling heights and loading docks. The property enjoys excellent demographics, serving residential neighborhoods and custom home subdivisions to the north, south and west. Traffic counts are in excess of 25,000 vehicles per day along W. Gurley St. The Center offers excellent monument signage, visibility and over 325 on-site parking spaces. The existing lease for the adjacent, free-standing Casa Sanchez Mexican restaurant will transfer with sale or this portion of the site may be split off and sold to the tenant.
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: May - 08 - 2021
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.
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