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

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.

More Information MLS# 1060758

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

General Property Description

Aprx Acres: 0.17 Lot Size: 7522 Buildings: 1 Source of Measuremnt: County Assessor Floor: 2 Parking Spaces: 8 Management: Owner Vac Rate %: 50 CAM $: 0 GRM: 0 Total Liveable SqFt: 10000 Year Built: 1971 Baths - Full: 3

Tax Info

Taxes: 4368 Tax Year: 2023

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.

Status Change Info

Sold Price/SqFt: 118 Financing: Cash Under Contract Date: 2023-11-28 Sold Date: 2023-11-28 Sold Price: $1,175,000

Building Type

2-4 Units: 1 Retail - Free Stand: 1

Construction

Frame - Wood: 1 Stucco: 1

Cooling

Gas Pack: 1

External Amenities

Paved Parking: 1

Flooring

Concrete: 1 Tile: 1 Vinyl: 1

Heating

Natural Gas: 1

Possession

At Recordation: 1

Records Available

Other - See Remarks: 1

Road Responsibility

City: 1 City Maintained Road: 1

Roof

Rolled/Hot Mop: 1

Bathrooms

ADA: 1 Interior: 1 Unisex: 1

Business Location

Freestanding Bldg: 1

Terms & Conditions

Conventional: 1

Commercial Amenities

Ceiling Ht. Under 12: 1

Utilities Installed

220: 1 Electricity: 1 Master Meter: 1 Natural Gas: 1 Security System: 1 Telephone: 1 Underground: 1 Water - City: 1 WWT - City Sewer: 1

Internal Amenities

Bathroom: 1 Ceiling Fan(s): 1 Kitchen: 1 Mezzanine: 1 Security/Alarm: 1 Sprinklers: 1

Parking

On-Site: 1 Street Parking: 1

ContractAddressLegal

Original List Price: 1175000 Listing Date: 2023-11-28 Status: Closed 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

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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