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

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!

More Information MLS# 1044612

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

General Property Description

Aprx Acres: 1.77 Lot Size: 54475 Buildings: 1 Source of Measuremnt: County Assessor Stories: 1 Parking Spaces: 18 Management: Mgmt Company Vac Rate %: 0 CAM $: 1470 GRM: 0.00 CC & R Fees: 14341 Total Liveable SqFt: 14340 Year Built: 1985 NOI $: 134846 Cap %: 5.9 Baths - Full: 9

Tax Info

Taxes: 10528 Tax Year: 2021

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!

Office/Member Info

Listing Exclusions: No

Status Change Info

Sold Price/SqFt: 153 Financing: Cash Under Contract Date: 2022-04-18 Sold Date: 2022-05-03 Sold Price: $2,200,000

Building Type

5+ Units: 1 Auto: 1 Indust - Flex Space: 1

Construction

Frame - Steel: 1

Cooling

Other: 1 See Remarks: 1

External Amenities

Paved Parking: 1

Flooring

Concrete: 1 Other: 1 See Remarks: 1

Heating

Other: 1 See Remarks: 1

Possession

At Recordation: 1

Records Available

Other - See Remarks: 1

Road Responsibility

City: 1 City Maintained Road: 1

Roof

Metal: 1

Bathrooms

Interior: 1

Business Location

Other - See Remarks: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1

Commercial Amenities

Ceiling Ht. 12-15: 1 Overhead Door(s): 1

Utilities Installed

220: 1 3 Phase: 1 Electricity: 1 Individual Meter: 1 Natural Gas: 1 Telephone: 1 Underground: 1 Water - City: 1 WWT - City Sewer: 1

Internal Amenities

Bathroom: 1 Other - See Remarks: 1

Parking

On-Site: 1

Pets/Animals

None: 1

ContractAddressLegal

Original List Price: 2300000 Listing Date: 2022-01-17 Status: Closed 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

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
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