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

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

More Information

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: Keystone Real Estate & Management
Last Updated: June - 20 - 2023
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