1050 Willow Creek Road, Prescott, AZ 86301

$2,200,000
Property Type: Commercial/Indstrial Square Footage: 14,340 Lot Size (sq. ft.): 77,101 Status: Closed
Current Price: $2,200,000 List Date: 2/14/2022 Last Modified: 6/20/2023

Overview

Description

Investors opportunity to own 1.77 acres in the heart of Prescott. Fully leased to 7 businesses with ROI at 5.9%, this 14,340 sf drive-around metal building sits on privately maintained concrete with 9 workshops featuring 14 roll-up doors, 18 parking spaces, private restrooms, and unlimited views to the south of the Prescott area. This listing includes additional vacant parcel that is 0.42 ac and used by tenants. Firm as-is. All information to be verified by Buyer. Showings only upon signed purchase offer with NDA. DO NOT DISTURB TENANTS. See also MLS 1044385 offered at $1.45m that sits on 0.79 acre for just over 2.5 acres total of prime real estate!

Listing Details MLS# 1044612

ContractAddressLegal

Original List Price
2300000
Listing Price
2300000
Street #
1050
Street Name
Willow Creek
St Suffix
Road
City/Township
Prescott
State
AZ
Zip Code
86301
Subdivision
None
County
Yavapai
Tax Parcel
115-05-033J

General Property Description

Aprx Acres
1.77
Buildings
Yes
Total Liveable SqFt
14340
Source of Measuremnt
County Assessor
Stories
Yes
Parking Spaces
18
Year Built
1985
Management
Mgmt Company
NOI $
134846
Cap %
5.9
CAM $
1470
Baths - Full
9
GRM
0.00
CC & R Fees
14341
Vac Rate %
0

Tax Info

Taxes
10528
Tax Year
2021

Status Change Info

Under Contract Date
2022-04-18
Sold Date
2022-05-03
Sold Price/SqFt
153
Financing
Cash

Contract/Address/Legal

List Price/SqFt
160
Neighborhood
N/A
Comm Type
Industrial
REO/Short Sale
Not Applicable
Zoning
BR
Business Type
Varied
Assessor's Book #
115
Assessor's Map #
5
Assessor's Parcel #
33
Assessor Parcel Ltr
J
Legal
AN IRREG PCL SE4NE4 SW COR APPROX 642'W 135'N FROM E4 COR 29-14-2 W CONT 1.35AC

Remarks & Misc

Directions
From Iron Springs/Miller Valley go north on Willow Creek Road to driveway on left.
Remarks
Investors opportunity to own 1.77 acres in the heart of Prescott. Fully leased to 7 businesses with ROI at 5.9%, this 14,340 sf drive-around metal building sits on privately maintained concrete with 9 workshops featuring 14 roll-up doors, 18 parking spaces, private restrooms, and unlimited views to the south of the Prescott area. This listing includes additional vacant parcel that is 0.42 ac and used by tenants. Firm as-is. All information to be verified by Buyer. Showings only upon signed purchase offer with NDA. DO NOT DISTURB TENANTS. See also MLS 1044385 offered at $1.45m that sits on 0.79 acre for just over 2.5 acres total of prime real estate!

More Information

Office/Member Info

Listing Exclusions
No

Building Type

5+ Units
Yes
Auto
Yes
Indust - Flex Space
Yes

Construction

Frame - Steel
Yes

Cooling

Other
Yes
See Remarks
Yes

External Amenities

Paved Parking
Yes

Flooring

Concrete
Yes
Other
Yes
See Remarks
Yes

Heating

Other
Yes
See Remarks
Yes

Possession

At Recordation
Yes

Records Available

Other - See Remarks
Yes

Road Responsibility

City
Yes
City Maintained Road
Yes

Roof

Metal
Yes

Bathrooms

Interior
Yes

Business Location

Other - See Remarks
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes

Commercial Amenities

Ceiling Ht. 12-15
Yes
Overhead Door(s)
Yes

Utilities Installed

220
Yes
3 Phase
Yes
Electricity
Yes
Individual Meter
Yes
Natural Gas
Yes
Telephone
Yes
Underground
Yes
Water - City
Yes
WWT - City Sewer
Yes

Internal Amenities

Bathroom
Yes
Other - See Remarks
Yes

Parking

On-Site
Yes

Pets/Animals

None
Yes

Property Features

Bathrooms: Interior Building Type: 5+ Units; Auto; Indust - Flex Space Business Location: Other - See Remarks Commercial Amenities: Ceiling Ht. 12-15; Overhead Door(s) Construction: Frame - Steel Cooling: Other; See Remarks External Amenities: Paved Parking Flooring: Concrete; Other; See Remarks Heating: Other; See Remarks Internal Amenities: Bathroom; Other - See Remarks Parking: On-Site Possession: At Recordation Records Available: Other - See Remarks Road Responsibility: City Maintained Road Roof: Metal Utilities Installed: 220; 3 Phase; Electricity; Individual Meter; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: BloomTree Rental Solutions
Last Updated: June - 20 - 2023
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.