500 S Marina Street, Prescott, AZ 86303 (MLS# 1054104)


$1,361,001
500 S Marina Street
Prescott, AZ 86303
MLS# 1054104
Status: Closed
14 baths  |  20385 sqft


500 S Marina Street, Prescott, AZ 86303
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Property Description
An exciting and rare opportunity to acquire 3.5 acres within a half mile of the county courthouse. This 8-parcel package was originally built as Jefferson Elementary School in 1923, which closed in 1938. It was then remodeled in 1943 as the Prescott Community Hospital, became Yavapai County offices in 1964 when Yavapai Regional Medical Center opened. Several remodels were done in various areas of the building, including Planning and Development Services in 1988 and again in 2001, then Environmental Services, Flood Control, and the Public Fiduciary offices in 2004. Yavapai County District 2 Supervisor's office from 1997-2004 and most recently the 20,385 sq. ft. building was used as Yavapai County offices up to October 2012. MORE...

Details
Maps
Documents
Contract/Address/Legal
Original List Price: 1215000
Listing Date: 2023-02-17
Status: Closed
Listing Price: 1215000
List Price/SqFt: 60
Street #: 500
Direction: S
Street Name: Marina
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86303
County: Yavapai
Comm Type: Special Purpose
Zoning: MF-H
Zoning Description: Multi Family
Tax Parcel: 109-13-001D
Assessor's Book #: 109
Assessor's Map #: 13
Assessor's Parcel #: 1
Assessor Parcel Ltr: D
REO/Short Sale: Not Applicable
Legal: LOTS 1, 3, 5, 7, 9 & 11 BLOCK 39 PRESCOTT BOOK 4 PAGE 22
General Property Description
Lot Size: 152460
Aprx Acres: 3.5
Buildings: 1
Total Liveable SqFt: 20385
Source of Measuremnt: County Assessor
Stories: 3
Parking Spaces: 92
Year Built: 1923
Vac Rate %: 100
Baths - Full: 1
Property Use: Investment Prop
Construction Status: Existing
Space Available: Yes
Date Available: 2023-02-17
Total Bathrooms: 14
Volts: 240
Amps: 1600
Tax Info
Tax Year: 2022
Remarks & Misc
Directions: South on Montezuma to East on Leroux. Property is on the corner of S. Marina and Leroux.
Office/Member Info
Listing Exclusions: No
Compensation: 3
Compensation Type: %
Status Change Info
Under Contract Date: 2023-04-06
Sold Date: 2023-07-19
Sold Price: $1,361,001
Sold Price/SqFt: 67
Financing: Cash
Property Features
Bathrooms: Interior; Separate M and W; Staff; Unisex
Building Type: Medical/Dental; Motel/Hotel; Office - Building; Religious Facility; Other - See Remarks
Business Location: Corner Location; Freestanding Bldg; Redevelopment Area
Commercial Amenities: Ceiling Ht. Under 12; Ceiling Ht. 12-15
Construction: Block/Brick
Cooling: Central Air; Evaporative Cooling
External Amenities: Handicap Access; Paved Parking
Flooring: Carpet; Laminate; Wood
Heating: Electric; Natural Gas; Natural Gas
Internal Amenities: Bathroom; Fire/Smoke Detector
Parking: On-Site; Trailer; Truck
Possession: At Recordation
Records Available: Phase I; Site Plan; Other - See Remarks
Road Responsibility: City Maintained Road; Paved
Roof: Asphalt Shingle
Pets/Animals: None
Terms & Conditions: 1031 Exchange; Conventional
Utilities Installed: 3 Phase; Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Supplements
There is so much potential with an extensive remodel, or to scrape and redevelop the site. Listed for only $7.97 PSF on the vacant land. Bids must be received by Thursday April 6th, 2023 at 1:30pm MST. For additional details on the call for bids please see https://yavapaiaz.gov/bids.

Listing Office: Prescott Commercial Real Estate

Last Updated: July - 19 - 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.

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.


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