1034 Fair Street, Prescott, AZ 86305

$1,050,000
Property Type: Commercial/Indstrial Baths: 1 Square Footage: 5,566 Lot Size (sq. ft.): 24,829 Status: Closed
Current Price: $1,050,000 List Date: 5/27/2025 Last Modified: 8/01/2025

Overview

Description

Property lease is up June 31. The vacant lot has 2 fenced storage area and parking for the building. Based on it's past rental $1.00 sq.ft. NNN and storage leases the CAP rate is 8%. Owner will lease instead of sale. It is listed for lease also.

Listing Details MLS# 1073604

ContractAddressLegal

Original List Price
100050
Listing Price
1050000
Street #
1034
Street Name
Fair
St Suffix
Street
City/Township
Prescott
State
AZ
Zip Code
86305
Subdivision
Gardenland Tract
County
Yavapai
Tax Parcel
111-11-144

General Property Description

Aprx Acres
0.57
Buildings
Yes
Total Liveable SqFt
5566
Source of Measuremnt
County Assessor
Stories
Yes
Parking Spaces
20
Year Built
1971
Management
Owner
Property Use
Vacant/Owner Users
Space Available
Yes
Date Available
2025-07-01
Total Bathrooms
Yes
CC & R
No
Vac Rate %
0
CAM $
0
GRM
No

Tax Info

Taxes
1880
Tax Year
2024

Status Change Info

Under Contract Date
2025-05-31
Sold Date
2025-08-01
Sold Price/SqFt
189
Financing
Owner Will Carry

Contract/Address/Legal

List Price/SqFt
189
Neighborhood
N/A
Comm Type
Industrial
REO/Short Sale
Not Applicable
Zoning
BG
Business Name
NA
Zoning Description
business
Business Type
NA
Assessor's Book #
111
Assessor's Map #
11
Assessor's Parcel #
144
Legal
to supplied in escrow

Remarks & Misc

Directions
Miller Valley North to Fair St then west to address. Across from County building.
Remarks
Property lease is up June 31. The vacant lot has 2 fenced storage area and parking for the building. Based on it's past rental $1.00 sq.ft. NNN and storage leases the CAP rate is 8%. Owner will lease instead of sale. It is listed for lease also.

More Information

Office/Member Info

Listing Exclusions
No

Building Type

Indust - Warehouse
Yes
Office - Warehouse
Yes
Religious Facility
Yes
Retail - Free Stand
Yes

Construction

Frame - Steel
Yes
Gray Shell
Yes

Cooling

Evaporative Cooling
Yes
Warehouse Evap
Yes

External Amenities

Fence
Yes
Handicap Access
Yes
Paved Parking
Yes
Storage Yard
Yes

Flooring

Concrete
Yes

Heating

Natural Gas
Yes

Possession

At Recordation
Yes

Records Available

Survey
Yes

Road Responsibility

City
Yes

Roof

Metal
Yes

Bathrooms

ADA
Yes
Interior
Yes

Business Location

Freestanding Bldg
Yes

Terms & Conditions

1031 Exchange
Yes
Assumable
Yes
Conventional
Yes
Lease/Purchase
Yes

Commercial Amenities

Ceiling Ht. 16+
Yes
Grade Level
Yes
Roll-Up Door(s)
Yes
Truck/Loading Dock
Yes

Utilities Installed

Master Meter
Yes
Natural Gas
Yes
Security System
Yes
Telephone
Yes
Water - City
Yes
WWT - City Sewer
Yes

Internal Amenities

Bathroom
Yes
Fire/Smoke Detector
Yes
Security/Alarm
Yes
Sprinklers
Yes

Parking

On-Site
Yes
Security
Yes
Trailer
Yes
Truck
Yes

Property Features

Bathrooms: ADA; Interior Building Type: Indust - Warehouse; Office - Warehouse; Religious Facility; Retail - Free Stand Business Location: Freestanding Bldg Commercial Amenities: Grade Level; Roll-Up Door(s); Ceiling Ht. 16+; Truck/Loading Dock Construction: Frame - Steel; Gray Shell Cooling: Evaporative Cooling; Warehouse Evap External Amenities: Fence; Handicap Access; Paved Parking; Storage Yard Flooring: Concrete Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Fire/Smoke Detector; Security/Alarm; Sprinklers Parking: On-Site; Security; Trailer; Truck Possession: At Recordation Records Available: Survey Roof: Metal Utilities Installed: Master Meter; Natural Gas; Security System; Telephone; Water - City; WWT - City Sewer
Listing Office: Commercial Properties Northern AZ
Last Updated: August - 01 - 2025
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