1055 Ruth Street, Prescott, AZ 86301
$1,025,000
Property Type:
Commercial/Indstrial
Square Footage:
6,344
Lot Size (sq. ft.):
36,155
Status:
Closed
Current Price:
$1,025,000
List Date:
10/21/2021
Last Modified:
5/08/2022
Overview
Description
Listing Details MLS# 1041705
ContractAddressLegal
- Original List Price
- 1050000
- Listing Price
- 1050000
- Street #
- 1055
- Street Name
- Ruth
- St Suffix
- Street
- City/Township
- Prescott
- State
- AZ
- Zip Code
- 86301
- County
- Yavapai
- Tax Parcel
- 116-19-010B
General Property Description
- Aprx Acres
- 0.83
- Buildings
- Yes
- Total Liveable SqFt
- 6344
- Source of Measuremnt
- County Assessor
- Stories
- Yes
- Floor
- Yes
- Parking Spaces
- 55
- Year Built
- 1973
- Management
- Owner
- NOI $
- 97574
- Cap %
- 8.82
- Baths - Full
- 2
- Vac Rate %
- 0
- CAM $
- 0
- GRM
- No
Tax Info
- Taxes
- 8367
- Tax Year
- 2021
Status Change Info
- Under Contract Date
- 2022-03-10
- Sold Date
- 2022-04-15
- Sold Price/SqFt
- 162
- Financing
- Conventional
Contract/Address/Legal
- List Price/SqFt
- 166
- Comm Type
- Health Care
- REO/Short Sale
- Not Applicable
- Zoning
- BG
- Business Name
- Ruth Street Professional Plaza
- Zoning Description
- Business General
- Business Type
- Medical Office
- Assessor's Book #
- 116
- Assessor's Map #
- 19
- Assessor's Parcel #
- 10
- Assessor Parcel Ltr
- B
- Legal
- A RECT PCL NE4SW4 NW COR APPROX 1720'E 314'S FROM W4 COR 28-14-2W CONT .89AC 4419/372
Remarks & Misc
- Directions
- From Downtown Prescott, head north on Montezuma which becomes Whipple St. Turn North on Ruth St. and go approx. 1 block to building on Right across entrance to Prescott High School. Only one block east of the hospital.
- Remarks
- Excellent Investment and/or End User Opportunity. This Medical Commercial Office building is being offer at $1,050,000 or $165/sf with a proforma CAP of 8.82%. Centrally located and very close to YRMC Hospital's West campus and directly across the entrance to Prescott High School. This +/- 6,344 sf commercial building is currently 100% occupied by two tenants. Suites A & B totals +/- 3,675 sf and is occupied by Arizona's Children Association and is up for renewal on 5-31-22. Suite C which is +/-2,669 sf is currently occupied by Patterson Orthodontist who will be vacating on 12-31-21. This one-story building offers a crawl space for easy access and 55 on-site parking spaces available.
More Information
Building Type
- 2-4 Units
- Yes
- Medical/Dental
- Yes
- Office - Building
- Yes
Construction
- Block/Brick
- Yes
- Frame - Wood
- Yes
- Stucco
- Yes
Cooling
- Gas Pack
- Yes
External Amenities
- Handicap Access
- Yes
- Paved Parking
- Yes
Flooring
- Carpet
- Yes
- Vinyl
- Yes
Heating
- Natural Gas
- Yes
Possession
- At Recordation
- Yes
Records Available
- Other - See Remarks
- Yes
Road Responsibility
- City
- Yes
- City Maintained Road
- Yes
- Paved
- Yes
Roof
- Asphalt Shingle
- Yes
Bathrooms
- ADA
- Yes
- Interior
- Yes
- Separate M and W
- Yes
- Shared
- Yes
Business Location
- Freestanding Bldg
- Yes
- Office/Professional
- Yes
Terms & Conditions
- Conventional
- Yes
- Lease/Purchase
- Yes
Commercial Amenities
- Ceiling Ht. Under 12
- Yes
Utilities Installed
- Electricity
- Yes
- Natural Gas
- Yes
- Telephone
- Yes
- Water - City
- Yes
- WWT - Private Sewer
- Yes
Internal Amenities
- Other - See Remarks
- Yes
Parking
- On-Site
- Yes
- Other - See Remarks
- Yes
Property Features
Bathrooms:
ADA; Interior; Separate M and W; Shared
Building Type:
2-4 Units; Medical/Dental; Office - Building
Business Location:
Freestanding Bldg; Office/Professional
Commercial Amenities:
Ceiling Ht. Under 12
Construction:
Block/Brick; Frame - Wood; Stucco
Cooling:
Gas Pack
External Amenities:
Handicap Access; Paved Parking
Flooring:
Carpet; Vinyl
Heating:
Natural Gas; Natural Gas
Internal Amenities:
Other - See Remarks
Parking:
On-Site; Other - See Remarks
Possession:
At Recordation
Records Available:
Other - See Remarks
Road Responsibility:
City Maintained Road; Paved
Roof:
Asphalt Shingle
Utilities Installed:
Electricity; Natural Gas; Telephone; Water - City; WWT - Private Sewer
Listing Office:
Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: May - 08 - 2022
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