301-303 N Alarcon Street, Prescott, AZ 86301 (MLS# 1031722)


$750,000
301-303 N Alarcon Street
Prescott, AZ 86301
MLS# 1031722
Status: Closed
5000 sqft


Front of property
  1 / 22  
Front of property Aerial 301-303 N Alarcon Street, Prescott, AZ 86301 Retail Strip Paved Parking 301-303 N Alarcon Street, Prescott, AZ 86301 301-303 N Alarcon Street, Prescott, AZ 86301 Rear Alley Entry Additional Parkin Front of Suite A Interior Suite A Interior Suite A Break Room Suite A Office Suite A ADA Bath Suite A Work Area Suite A Suite A Stock Suite B Retail Space Retail Space Retail Retail

Property Description
Fully leased retail center with stable Tenants, solid NNN leases and plenty of parking close to downtown. Retail units were remodeled in 2016 and added ADA bathrooms,new lighting and exiting. Unit A has been long term Tenant (3000 sq ft) has lease until November 2023. Unit B (2000 sq ft) has newer 5 year lease. Please submit NDA for current financials. Adjacent home listed separately under MLS # 1033340. This listing is just for the retail center.

Details
Maps
Contract/Address/Legal
Original List Price: 925000
Listing Date: 2020-08-04
Status: Closed
Listing Price: 750000
List Price/SqFt: 150
Street #: 301-303
Direction: N
Street Name: Alarcon
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86301
Subdivision: Moeller Addn
Neighborhood: N/A
County: Yavapai
Comm Type: Retail
Zoning: BR
Zoning Description: Business Regional
Tax Parcel: 113-13-011A
Assessor's Book #: 113
Assessor's Map #: 13
Assessor's Parcel #: 11
Assessor Parcel Ltr: A
REO/Short Sale: Not Applicable
Legal: MOELLER ADD BLK 2 ALL OF LOTS 1 & 2 LESS R/W LYNG ALONG WLY 49' OF THE S LINE LOT 1 SEC 33-14-2W CONT .23AC 3815/634
General Property Description
Lot Size: 16117
Aprx Acres: 0.23
Buildings: 1
Total Liveable SqFt: 5000
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 10
Year Built: 1958
Management: Owner
Gross Vol/Yr $: 68400
NOI $: 56424
Cap %: 8
Baths - Full: 3
Property Use: Investment Prop
Construction Status: Existing
Space Available: No
CC & R: No
CC & R Type: None
Tax Info
Taxes: 5108
Tax Year: 2019
Remarks & Misc
Directions: East on Sheldon to corner of Sheldon and Alarcon. Corner retail strip (Honeyman & Think 4 Ink).
Office/Member Info
Compensation: 2.5
Compensation Type: %
Status Change Info
Under Contract Date: 2021-01-29
Sold Date: 2021-01-29
Sold Price: $703,000
Sold Price/SqFt: 141
Financing: Exchange
Property Features
Bathrooms: ADA; Unisex
Building Type: 2-4 Units; Retail - Free Stand; Other - See Remarks
Business Location: Commercial Strip; Freestanding Bldg; Other - See Remarks
Commercial Amenities: Other - See Remarks
Construction: Frame - Wood; Stucco
Cooling: Central Air
External Amenities: Handicap Access; Landscaped; Paved Parking
Flooring: Concrete
Heating: Natural Gas; Natural Gas
Internal Amenities: Bathroom; Ceiling Fan(s); Fire/Smoke Detector; Other - See Remarks
Parking: On-Site
Possession: At Recordation
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road; Paved
Roof: Asphalt Shingle; Rolled/Hot Mop
Pets/Animals: None
Terms & Conditions: 1031 Exchange; Conventional
Utilities Installed: Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer

Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty

Last Updated: January - 29 - 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.

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.


Compare listings

Compare

Welcome to Flex Realty

Stay updated with the latest local quad-cities real estate market information, featured listings, and more!

 


Sign up for our newsletter. Don't miss out on important market information!