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

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 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. Second floor space is elevator served and is approx. 3,650 sf featuring 4 private offices, waiting/reception area, a very large & flexible open area, two restrooms and a large break area. Lease rates for the ground floor and second floor spaces are offered at $20/sf/yr and $12/sf/yr respectively plus NNN estimated at $4/sf/yr. Ample on-site parking with 42 spaces dedicated to this property. Great proximity to all of Prescott amenities.

More Information MLS# 984681

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

General Property Description

Aprx Acres: 0.86 Buildings: 1 Source of Measuremnt: County Assessor Stories: 2 Parking Spaces: 42 Management: Owner Vac Rate %: 75 CAM $: 4 GRM: 0 CC & R: No Property Use: Vacant/Owner Users Construction Status: Existing Space Available: Yes Suite #: #200 Total Liveable SqFt: 10433 Year Built: 1977 NOI $: 156082 Cap %: 7.5 Baths - Full: 3

Tax Info

Taxes: 18018 Tax Year: 2017

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.

Status Change Info

Sold Price/SqFt: 153 Financing: Conventional Under Contract Date: 2018-08-07 Sold Date: 2018-10-04 Sold Price: $1,600,000

Building Type

2-4 Units: 1 Medical/Dental: 1 Office - Building: 1 Retail - Free Stand: 1

Construction

Frame - Wood: 1 Stucco: 1

Cooling

Gas Pack: 1

External Amenities

Handicap Access: 1 Landscaped: 1 Paved Parking: 1

Flooring

Carpet: 1 Vinyl: 1

Heating

Natural Gas: 1 Zoned: 1

Possession

Other: 1

Records Available

Other - See Remarks: 1

Road Responsibility

City: 1 City Maintained Road: 1

Roof

Welded Membrane: 1

Bathrooms

ADA: 1 Unisex: 1

Business Location

Freestanding Bldg: 1 Office/Professional: 1

Commercial Amenities

Ceiling Ht. Under 12: 1 Other - See Remarks: 1

Utilities Installed

Electricity: 1 Natural Gas: 1 Water - City: 1 WWT - City Sewer: 1

Internal Amenities

Elevator(s): 1 Fire/Smoke Detector: 1 Security/Alarm: 1 Sprinklers: 1

Parking

On-Site: 1

ContractAddressLegal

Original List Price: 2000000 Listing Date: 2015-02-21 Status: Closed 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

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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