115 E Merritt, Prescott, AZ 86301

$1,175,000
Property Type: Commercial/Indstrial Square Footage: 3,000 Lot Size (sq. ft.): 70,567 Status: Closed
Current Price: $1,175,000 List Date: 1/19/2015 Last Modified: 4/03/2018

Overview

Description

This property is located on one of the most desirable, high profile corners in Prescott. The IT (industrial transition) zoning offers a wide variety of potential uses. Current lease runs to 9/30/2016.

Listing Details MLS# 978877

ContractAddressLegal

Original List Price
1300000
Listing Price
1300000
Street #
115
Direction
E
Street Name
Merritt
City/Township
Prescott
State
AZ
Zip Code
86301
County
Yavapai
Tax Parcel
113-02-067A

General Property Description

Aprx Acres
1.62
Buildings
2
Total Liveable SqFt
3000
Source of Measuremnt
Owner
Stories
Yes
Parking Spaces
105
Year Built
2008
Management
Owner
Gross Vol/Yr $
90000
NOI $
78000
Cap %
6
Baths - Full
Yes
GRM
7500
Property Use
Investment Prop
Construction Status
Existing
Space Available
No
Vac Rate %
0
CAM $
0

Tax Info

Taxes
11144
Tax Year
2013

Status Change Info

Under Contract Date
2015-04-03
Sold Date
2015-05-29
Sold Price/SqFt
392
Financing
Conventional

Contract/Address/Legal

List Price/SqFt
433
Comm Type
Special Purpose
REO/Short Sale
Not Applicable
Zoning
IT
Zoning Description
Ind. Transition
Business Type
Shuttle company
Assessor's Book #
113
Assessor's Map #
2
Assessor's Parcel #
67
Assessor Parcel Ltr
A
Legal
DAMERON PARK ADDITION BLK 9 LOTS 1-7 & 9 LESS A TRI PTN OF LOT 2 ALSO LESS THE E2 & A PTN OF THE W2 LOTS 8&10 2182/16

Remarks & Misc

Directions
From Gurley, north on Montezuma to stoplight at intersection of Merritt and Montezuma. SW corner.
Remarks
This property is located on one of the most desirable, high profile corners in Prescott. The IT (industrial transition) zoning offers a wide variety of potential uses. Current lease runs to 9/30/2016.

More Information

Building Type

2-4 Units
Yes
Office - Building
Yes

Construction

Frame - Wood
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

External Amenities

Handicap Access
Yes
Landscaped
Yes
Paved Parking
Yes

Flooring

Carpet
Yes
Concrete
Yes
Tile
Yes

Heating

Natural Gas
Yes

Possession

At Recordation
Yes

Records Available

Other - See Remarks
Yes

Road Responsibility

City
Yes
City Maintained Road
Yes
Paved
Yes

Roof

Welded Membrane
Yes

Bathrooms

ADA
Yes
Unisex
Yes

Business Location

Corner Location
Yes
Traffic Signal
Yes
Other - See Remarks
Yes

Terms & Conditions

Conventional
Yes

Commercial Amenities

None
Yes

Utilities Installed

220
Yes
Electricity
Yes
Natural Gas
Yes
Telephone
Yes
Water - City
Yes
WWT - City Sewer
Yes

Internal Amenities

Ceiling Fan(s)
Yes
Fire/Smoke Detector
Yes
Security/Alarm
Yes

Parking

On-Site
Yes

Property Features

Bathrooms: ADA; Unisex Building Type: 2-4 Units; Office - Building Business Location: Corner Location; Traffic Signal; Other - See Remarks Commercial Amenities: None Construction: Frame - Wood Cooling: Ceiling Fan(s); Central Air External Amenities: Handicap Access; Landscaped; Paved Parking Flooring: Carpet; Concrete; Tile Heating: Natural Gas; Natural Gas Internal Amenities: Ceiling Fan(s); Fire/Smoke Detector; Security/Alarm Parking: On-Site Possession: At Recordation Records Available: Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Welded Membrane Utilities Installed: 220; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Keller Williams Check Realty
Last Updated: April - 03 - 2018
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