110 W Center Street, Chino Valley, AZ 80623

$2,500,000

Property Type: Commercial/Indstrial Square Footage: 13,856 Lot Size (sq. ft.): 94,525 Status: Closed

Current Price: $2,500,000 List Date: 4/01/2025 Last Modified: 4/01/2025

Overview

Description

The complex, Pueblo del Centro, is a multi-family mixed use property located in the middle of Chino Valley just off the main highway.The buildings consist of 4 duplexes, 2 triplexes, and 2 office buildings. All residential units have patios and privacy fenced backyards. The duplexes are 2 bdrms/2 baths/1 car garage. The triplexes are 1 br/1 bath. All units are separately metered for electric and gas.The property has a drilled well with a 7,000 gal underground tank, and is on town sewer. All roofs were replaced in 2021. HVAC units of all duplexes and triplexes were replaced in 2021. Tenant shared laundry room on property. The 2 office bldgs have 2 office suites each, which are 720 sf each. Very well managed with a consistent high occupancy rate.

Listing Details MLS# 1070059

ContractAddressLegal

Original List Price: 2635000
Listing Price: 2635000
Street #: 110
Direction: W
Street Name: Center
St Suffix: Street
City/Township: Chino Valley
State: AZ
Zip Code: 80623
Subdivision: None
County: Yavapai
Tax Parcel: 306-23-059R

General Property Description

Aprx Acres: 2.17
Buildings: 8
Total Liveable SqFt: 13856
Source of Measuremnt: County Assessor
Stories: Yes
Parking Spaces: 42
Year Built: 1998
Management: Owner
Vac Rate %: 3
NOI $: 171225
Cap %: 6.5
Baths - Full: 18
Property Use: Investment Prop
Construction Status: Existing
CC & R: No
CC & R Type: None
CAM $: 0
GRM: No

Tax Info

Taxes: 12464
Tax Year: 2023

Status Change Info

Under Contract Date: 2025-02-12
Sold Date: 2025-04-01
Sold Price/SqFt: 180
Financing: Cash

Contract/Address/Legal

List Price/SqFt: 190
Neighborhood: N/A
Comm Type: Other
REO/Short Sale: Not Applicable
Zoning: CL
Business Name: Pueblo del Centro
Zoning Description: commercial light/MF
Business Type: Multi-fam mixed use
Assessor's Book #: 306
Assessor's Map #: 23
Assessor's Parcel #: 59
Assessor Parcel Ltr: R

Remarks & Misc

Directions: Hwy 89 to Center Street and head west about 0.15 miles to address.
Remarks: The complex, Pueblo del Centro, is a multi-family mixed use property located in the middle of Chino Valley just off the main highway.The buildings consist of 4 duplexes, 2 triplexes, and 2 office buildings. All residential units have patios and privacy fenced backyards. The duplexes are 2 bdrms/2 baths/1 car garage. The triplexes are 1 br/1 bath. All units are separately metered for electric and gas.The property has a drilled well with a 7,000 gal underground tank, and is on town sewer. All roofs were replaced in 2021. HVAC units of all duplexes and triplexes were replaced in 2021. Tenant shared laundry room on property. The 2 office bldgs have 2 office suites each, which are 720 sf each. Very well managed with a consistent high occupancy rate.

More Information

Office/Member Info

Listing Exclusions: No

Building Type

2-4 Units: Yes
Other - See Remarks: Yes

Construction

Frame - Wood: Yes
Stucco: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

External Amenities

Drip System: Yes
Landscaped: Yes
Paved Parking: Yes
Security Lights: Yes

Flooring

Carpet: Yes
Laminate: Yes
Tile: Yes
Vinyl: Yes

Heating

Natural Gas: Yes

Possession

At Recordation: Yes

Records Available

Site Plan: Yes
Other - See Remarks: Yes

Road Responsibility

City: Yes
City Maintained Road: Yes
Paved: Yes

Roof

Asphalt Shingle: Yes

Bathrooms

Interior: Yes

Business Location

Freestanding Bldg: Yes

Terms & Conditions

1031 Exchange: Yes
Conventional: Yes

Commercial Amenities

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

Utilities Installed

Electricity: Yes
Individual Meter: Yes
Natural Gas: Yes
Telephone: Yes
Underground: Yes
Water - Private Well: Yes
WWT - City Sewer: Yes

Internal Amenities

Bathroom: Yes

Parking

On-Site: Yes

Pets/Animals

Domestic: Yes

Property Features

Bathrooms: Interior Building Type: 2-4 Units; Other - See Remarks Business Location: Freestanding Bldg Commercial Amenities: Grade Level; Ceiling Ht. Under 12; Other - See Remarks Construction: Frame - Wood; Stucco Cooling: Ceiling Fan(s); Central Air External Amenities: Drip System; Landscaped; Paved Parking; Security Lights Flooring: Carpet; Laminate; Tile; Vinyl Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom Parking: On-Site Possession: At Recordation Records Available: Site Plan; Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Asphalt Shingle Utilities Installed: Electricity; Individual Meter; Natural Gas; Telephone; Underground; Water - Private Well; WWT - City Sewer

Listing Office: Realty ONE Group Mountain Desert

Last Updated: April - 01 - 2025

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