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

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.

More Information MLS# 1073604

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

General Property Description

Aprx Acres: 0.57 Lot Size: 24,829 Buildings: 1 Source of Measuremnt: County Assessor Stories: 1 Parking Spaces: 20 Management: Owner Vac Rate %: 0 CAM $: 0 GRM: 0 CC & R: No Property Use: Vacant/Owner Users Space Available: Yes Date Available: 2025-07-01 Total Liveable SqFt: 5566 Year Built: 1971 Total Bathrooms: 1

Tax Info

Taxes: 1880 Tax Year: 2024

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.

Office/Member Info

Listing Exclusions: No

Status Change Info

Sold Price/SqFt: 189 Financing: Owner Will Carry Under Contract Date: 2025-05-31 Sold Date: 2025-08-01 Sold Price: $1,050,000

Building Type

Indust - Warehouse: 1 Office - Warehouse: 1 Religious Facility: 1 Retail - Free Stand: 1

Construction

Frame - Steel: 1 Gray Shell: 1

Cooling

Evaporative Cooling: 1 Warehouse Evap: 1

External Amenities

Fence: 1 Handicap Access: 1 Paved Parking: 1 Storage Yard: 1

Flooring

Concrete: 1

Heating

Natural Gas: 1

Possession

At Recordation: 1

Records Available

Survey: 1

Road Responsibility

City: 1

Roof

Metal: 1

Bathrooms

ADA: 1 Interior: 1

Business Location

Freestanding Bldg: 1

Terms & Conditions

1031 Exchange: 1 Assumable: 1 Conventional: 1 Lease/Purchase: 1

Commercial Amenities

Ceiling Ht. 16+: 1 Grade Level: 1 Roll-Up Door(s): 1 Truck/Loading Dock: 1

Utilities Installed

Master Meter: 1 Natural Gas: 1 Security System: 1 Telephone: 1 Water - City: 1 WWT - City Sewer: 1

Internal Amenities

Bathroom: 1 Fire/Smoke Detector: 1 Security/Alarm: 1 Sprinklers: 1

Parking

On-Site: 1 Security: 1 Trailer: 1 Truck: 1

ContractAddressLegal

Original List Price: 100050 Listing Date: 2025-05-23 Status: Closed 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

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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