$1,950,000
Prescott, AZ 86301
MLS# 1058447
Status: Closed
1 baths | 736 sqft
1 / 13
Property Description
This one of a kind commercial space is sitting on .52 acres of prime property in the center of Downtown Prescott. Located on the hard corner of North Cortez Street and West Willis Street the building was erected in 1974 for banking purposes totaling 736 square feet with three drive thru slots and options for two ATMs. This site has a high traffic count and tons of parking. This property is an excellent opportunity for a business needing a drive through i.e. food service, coffee shop, beer & wine or another financial services operator.
Details
Maps
Documents
Contract/Address/Legal
Original List Price: 1950000
Listing Date: 2023-08-14
Status: Closed
Listing Price: 1950000
List Price/SqFt: 2649
Street #: 202
Direction: N
Street Name: Cortez Street
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Comm Type: Retail
Zoning: DTB
Zoning Description: DT Business District
Tax Parcel: 13-15-072
REO/Short Sale: Not Applicable
Legal: PRESOCTT ORIGINAL TOWNSITE BLOCK 2 LOTS 15 17 & 19 REPLAT LOT 15 - R CONT .52AC SEC 33-14-2W M&P 60/21
General Property Description
Lot Size: 22651
Aprx Acres: 0.52
Buildings: 1
Total Liveable SqFt: 736
Source of Measuremnt: Builder Plans
Stories: 1
Floor: 1
Parking Spaces: 16
Year Built: 1981
Management: Owner
Vac Rate %: 100
Baths - Full: 1
GRM: -
Construction Status: Existing
Space Available: Yes
Date Available: 2023-08-14
Total Bathrooms: 1
Volts: 240
Tax Info
Taxes: 5746.82
Tax Year: 2022
Remarks & Misc
Directions: Starting from the northeast corner of the Prescott Courthouse, head north on Cortez Street. The property is at the northwest corner of Cortez Street and Willis Street at the stop sign intersection.
Office/Member Info
Listing Exclusions: No
Compensation: 2.5
Compensation Type: %
Status Change Info
Under Contract Date: 2023-08-16
Sold Date: 2023-09-14
Sold Price: $1,950,000
Sold Price/SqFt: 2649
Financing: Cash
Property Features
Bathrooms: ADA; Interior; Staff
Building Type: C-Store; Food Service; Retail - Free Stand
Business Location: Commercial Strip; Freestanding Bldg
Commercial Amenities: Ceiling Ht. Under 12
Construction: Vanilla Shell
Cooling: Evaporative Cooling; Gas Pack
External Amenities: Handicap Access; Landscaped; Paved Parking
Flooring: Carpet; Tile
Heating: Natural Gas; Natural Gas
Internal Amenities: Bathroom; Kitchen
Parking: On-Site; Street Parking
Possession: At Recordation
Records Available: Site Plan
Road Responsibility: City Maintained Road; Paved
Roof: Metal
Terms & Conditions: 1031 Exchange; Conventional; Lease/Purchase; Own/Build to Suit; Sale/Leaseback; SBA
Utilities Installed: 220; Natural Gas; Underground; Water - City; WWT - City Sewer
202 N Cortez For Sale 
Listing Office: Prescott Commercial Real Estate
Last Updated: September - 15 - 2023
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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