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
Description
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 MLS# 1041705
ContractAddressLegal
Original List Price: 1050000
Listing Date: 2021-08-29
Status: Closed
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
Lot Size: 36013
Aprx Acres: 0.83
Buildings: 1
Total Liveable SqFt: 6344
Source of Measuremnt: County Assessor
Stories: 1
Floor: 1
Parking Spaces: 55
Year Built: 1973
Management: Owner
NOI $: 97574
Cap %: 8.82
Baths - Full: 2
Tax Info
Taxes: 8367
Tax Year: 2021
Status Change Info
Under Contract Date: 2022-03-10
Sold Date: 2022-04-15
Sold Price: $1,025,000
Sold Price/SqFt: 162
Financing: Conventional
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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