$2,600,000
Prescott, AZ 86301
MLS# 1007210
Status: Closed
11270 sqft
1 / 16
Property Description
This building is occupied by the Social Security Office and will be for the next 12 years. There is also a 1540 sq. ft. portion of the building that has just started a 5 year Lease. In addition to the Lease payment there is also a payment for the reimbursement of the TI's that will go on for about 10 years. These TI's were just completed in 2017. Lease does include increases.
Details
Maps
Contract/Address/Legal
Original List Price: 4370000
Listing Date: 2017-10-09
Status: Closed
Listing Price: 2600000
List Price/SqFt: 231
Street #: 205
Direction: N
Street Name: Marina
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Comm Type: Office
Zoning: BG
Tax Parcel: 113-16-030
Assessor's Book #: 113
Assessor's Map #: 16
Assessor's Parcel #: 30
REO/Short Sale: Not Applicable
Legal: PRESCOTT LOTS 16 18 20 BLK 4
General Property Description
Lot Size: 22651
Aprx Acres: 0.52
Buildings: 1
Total Liveable SqFt: 11270
Source of Measuremnt: County Assessor
Stories: 1
Floor: 1
Parking Spaces: 22
Year Built: 1987
Management: Mgmt Company
Baths - Full: 2
Property Use: Investment Prop
Construction Status: Existing
Tax Info
Taxes: 15086
Tax Year: 2016
Remarks & Misc
Directions: From E Gurley go north one block on N Marina to E Willis. From Sheldon go south one block on N Marina.
Office/Member Info
Listing Exclusions: No
Compensation: 2
Compensation Type: %
Status Change Info
Under Contract Date: 2018-05-18
Sold Date: 2018-06-26
Sold Price: $2,600,000
Sold Price/SqFt: 231
Financing: Exchange
Property Features
Bathrooms: ADA; Public; Separate M and W
Building Type: 2-4 Units; Office - Building
Business Location: Corner Location
Commercial Amenities: Ceiling Ht. Under 12
Construction: Frame - Wood; Stucco
Cooling: Central Air
External Amenities: Landscaped; Paved Parking
Flooring: Carpet; Concrete; Tile
Heating: Natural Gas; Natural Gas
Internal Amenities: Bathroom; Sprinklers
Parking: On-Site; Street Parking
Possession: Subject to Tenant
Records Available: Site Plan
Road Responsibility: City Maintained Road
Roof: Welded Membrane
Terms & Conditions: 1031 Exchange; Conventional
Utilities Installed: Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Goliath Commercial Real Estate
Last Updated: June - 27 - 2018
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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