1055 W Iron Springs, Prescott, AZ 86305

$1,600,000

Property Type: Commercial/Indstrial Square Footage: 10,433 Lot Size (sq. ft.): 37,462 Status: Closed

Current Price: $1,600,000 List Date: 12/14/2017 Last Modified: 10/05/2018

Overview

Description

Formerly National Bank of Arizona, this Class A commercial property is being offered For Sale at $2,000,000. This 10,433 sf free standing building, equipped with fire sprinklers throughout, offers excellent viability & signage along Iron Springs Rd. Business Regional zoning allows for a variety of uses: office, retail, medical, and fast food via an existing drive-thru. A portion of the ground floor and second floor space is also available For Lease. Suite 100 is approx. 4,285 sf and is currently configured as a bank branch with a long teller line, drive thru office & drive thru exterior canopy, 6 open and 3 private offices, break room & storage rooms, vault and restroom. Suite 101 is approx. 2,498 sf and built out as medical space which is currently occupied by the Tomar Pain Centers.

Supplements: Formerly National Bank of Arizona, this Class A commercial property is being offered For Sale at $2,000,000. This 10,433 sf free standing building, equipped with fire sprinklers throughout, offers excellent viability & signage along Iron Springs Rd. Business Regional zoning allows for a variety of uses: office, retail, medical, and fast food via a ... (Read more)

Listing Details MLS# 984681

ContractAddressLegal

Original List Price: 2000000
Listing Price: 1695000
Street #: 1055
Direction: W
Street Name: Iron Springs
City/Township: Prescott
State: AZ
Zip Code: 86305
County: Yavapai
Tax Parcel: 115-09-026C

General Property Description

Aprx Acres: 0.86
Buildings: Yes
Total Liveable SqFt: 10433
Source of Measuremnt: County Assessor
Stories: 2
Parking Spaces: 42
Year Built: 1977
Management: Owner
Vac Rate %: 75
NOI $: 156082
Cap %: 7.5
CAM $: 4
Baths - Full: 3
Property Use: Vacant/Owner Users
Construction Status: Existing
Space Available: Yes
Suite #: #200
CC & R: No
GRM: No

Tax Info

Taxes: 18018
Tax Year: 2017

Status Change Info

Under Contract Date: 2018-08-07
Sold Date: 2018-10-04
Sold Price/SqFt: 153
Financing: Conventional

Contract/Address/Legal

List Price/SqFt: 162
Comm Type: Office
REO/Short Sale: Not Applicable
Zoning: BR
Zoning Description: Business Regional
Assessor's Book #: 115
Assessor's Map #: 9
Assessor's Parcel #: 26
Assessor Parcel Ltr: C
Legal: HINMAN TRACT FIRST SUB AN IRREG PCL LYNG IN A PTN OF LOTS 5 6 & 7 WITH THE MOST NLY PTN LYNG APPROX 60' SE & 10.58' SW FROM THE MO ST NLY PTN OF LOT 5 SEC 29-14-2W 3578/656

Remarks & Misc

Directions: From Downtown Prescott head West on Whipple St. which becomes Iron Springs Rd. Building on left adjacent to Miller Valley School and across from Hastings.
Remarks: Formerly National Bank of Arizona, this Class A commercial property is being offered For Sale at $2,000,000. This 10,433 sf free standing building, equipped with fire sprinklers throughout, offers excellent viability & signage along Iron Springs Rd. Business Regional zoning allows for a variety of uses: office, retail, medical, and fast food via an existing drive-thru. A portion of the ground floor and second floor space is also available For Lease. Suite 100 is approx. 4,285 sf and is currently configured as a bank branch with a long teller line, drive thru office & drive thru exterior canopy, 6 open and 3 private offices, break room & storage rooms, vault and restroom. Suite 101 is approx. 2,498 sf and built out as medical space which is currently occupied by the Tomar Pain Centers.

More Information

Building Type

2-4 Units: Yes
Medical/Dental: Yes
Office - Building: Yes
Retail - Free Stand: Yes

Construction

Frame - Wood: Yes
Stucco: Yes

Cooling

Gas Pack: Yes

External Amenities

Handicap Access: Yes
Landscaped: Yes
Paved Parking: Yes

Flooring

Carpet: Yes
Vinyl: Yes

Heating

Natural Gas: Yes
Zoned: Yes

Possession

Other: Yes

Records Available

Other - See Remarks: Yes

Road Responsibility

City: Yes
City Maintained Road: Yes

Roof

Welded Membrane: Yes

Bathrooms

ADA: Yes
Unisex: Yes

Business Location

Freestanding Bldg: Yes
Office/Professional: Yes

Commercial Amenities

Ceiling Ht. Under 12: Yes
Other - See Remarks: Yes

Utilities Installed

Electricity: Yes
Natural Gas: Yes
Water - City: Yes
WWT - City Sewer: Yes

Internal Amenities

Elevator(s): Yes
Fire/Smoke Detector: Yes
Security/Alarm: Yes
Sprinklers: Yes

Parking

On-Site: Yes

Property Features

Bathrooms: ADA; Unisex Building Type: 2-4 Units; Medical/Dental; Office - Building; Retail - Free Stand Business Location: Freestanding Bldg; Office/Professional Commercial Amenities: Ceiling Ht. Under 12; Other - See Remarks Construction: Frame - Wood; Stucco Cooling: Gas Pack External Amenities: Handicap Access; Landscaped; Paved Parking Flooring: Carpet; Vinyl Heating: Natural Gas; Natural Gas; Zoned Internal Amenities: Elevator(s); Fire/Smoke Detector; Security/Alarm; Sprinklers Parking: On-Site Possession: Other Records Available: Other - See Remarks Road Responsibility: City Maintained Road Roof: Welded Membrane Utilities Installed: Electricity; Natural Gas; Water - City; WWT - City Sewer

Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty

Last Updated: October - 05 - 2018

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