114 N Cortez Street, Prescott, AZ 86301

$1,175,000
Property Type: Commercial/Indstrial Square Footage: 10,000 Lot Size (sq. ft.): 7,405 Status: Closed
Current Price: $1,175,000 List Date: 11/29/2023 Last Modified: 11/29/2023

Overview

Description

Located in the heart of downtown Prescott just steps from the Courthouse Square. This is a rare opportunity to purchase a 50% interest in this downtown 2 story 10,000 sf retail building. The main level tenants include Lizzards Lounge and Eurasia Restaurant. In addition, there is a 5,000 sf second floor available for occupancy. One of the owners is selling for personal reasons.

Listing Details MLS# 1060758

ContractAddressLegal

Original List Price
1175000
Listing Price
1175000
Street #
114
Direction
N
Street Name
Cortez
St Suffix
Street
City/Township
Prescott
State
AZ
Zip Code
86301
Subdivision
Prescott
County
Yavapai
Tax Parcel
113-15-109

General Property Description

Aprx Acres
0.17
Buildings
Yes
Total Liveable SqFt
10000
Source of Measuremnt
County Assessor
Floor
2
Parking Spaces
8
Year Built
1971
Management
Owner
Vac Rate %
50
Baths - Full
3
CAM $
0
GRM
No

Tax Info

Taxes
4368
Tax Year
2023

Status Change Info

Under Contract Date
2023-11-28
Sold Date
2023-11-28
Sold Price/SqFt
118
Financing
Cash

Contract/Address/Legal

List Price/SqFt
118
Neighborhood
N/A
Comm Type
Retail
REO/Short Sale
Not Applicable
Zoning
DTB
Assessor's Book #
113
Assessor's Map #
15
Assessor's Parcel #
109
Legal
LOT 17 BLOCK 8 PRESCOTT BOOK 4 PAGE 22

Remarks & Misc

Directions
Located at 114 N. Cortez St., mid-block between Gurley St. and Goodwin St in downtown Prescott Arizona.
Remarks
Located in the heart of downtown Prescott just steps from the Courthouse Square. This is a rare opportunity to purchase a 50% interest in this downtown 2 story 10,000 sf retail building. The main level tenants include Lizzards Lounge and Eurasia Restaurant. In addition, there is a 5,000 sf second floor available for occupancy. One of the owners is selling for personal reasons.

More Information

Building Type

2-4 Units
Yes
Retail - Free Stand
Yes

Construction

Frame - Wood
Yes
Stucco
Yes

Cooling

Gas Pack
Yes

External Amenities

Paved Parking
Yes

Flooring

Concrete
Yes
Tile
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

Roof

Rolled/Hot Mop
Yes

Bathrooms

ADA
Yes
Interior
Yes
Unisex
Yes

Business Location

Freestanding Bldg
Yes

Terms & Conditions

Conventional
Yes

Commercial Amenities

Ceiling Ht. Under 12
Yes

Utilities Installed

220
Yes
Electricity
Yes
Master Meter
Yes
Natural Gas
Yes
Security System
Yes
Telephone
Yes
Underground
Yes
Water - City
Yes
WWT - City Sewer
Yes

Internal Amenities

Bathroom
Yes
Ceiling Fan(s)
Yes
Kitchen
Yes
Mezzanine
Yes
Security/Alarm
Yes
Sprinklers
Yes

Parking

On-Site
Yes
Street Parking
Yes

Property Features

Bathrooms: ADA; Interior; Unisex Building Type: 2-4 Units; Retail - Free Stand Business Location: Freestanding Bldg Commercial Amenities: Ceiling Ht. Under 12 Construction: Frame - Wood; Stucco Cooling: Gas Pack External Amenities: Paved Parking Flooring: Concrete; Tile; Vinyl Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Ceiling Fan(s); Kitchen; Mezzanine; Security/Alarm; Sprinklers Parking: On-Site; Street Parking Possession: At Recordation Records Available: Other - See Remarks Road Responsibility: City Maintained Road Roof: Rolled/Hot Mop Utilities Installed: 220; Electricity; Master Meter; Natural Gas; Security System; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: November - 29 - 2023
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