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

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.

More Information MLS# 978877

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

General Property Description

Aprx Acres: 1.62 Buildings: 2 Source of Measuremnt: Owner Stories: 1 Parking Spaces: 105 Management: Owner Gross Vol/Yr $: 90000 Vac Rate %: 0 CAM $: 0 GRM: 7500 Property Use: Investment Prop Construction Status: Existing Space Available: No Total Liveable SqFt: 3000 Year Built: 2008 NOI $: 78000 Cap %: 6 Baths - Full: 1

Tax Info

Taxes: 11144 Tax Year: 2013

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.

Status Change Info

Sold Price/SqFt: 392 Financing: Conventional Under Contract Date: 2015-04-03 Sold Date: 2015-05-29 Sold Price: $1,175,000

Building Type

2-4 Units: 1 Office - Building: 1

Construction

Frame - Wood: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

External Amenities

Handicap Access: 1 Landscaped: 1 Paved Parking: 1

Flooring

Carpet: 1 Concrete: 1 Tile: 1

Heating

Natural Gas: 1

Possession

At Recordation: 1

Records Available

Other - See Remarks: 1

Road Responsibility

City: 1 City Maintained Road: 1 Paved: 1

Roof

Welded Membrane: 1

Bathrooms

ADA: 1 Unisex: 1

Business Location

Corner Location: 1 Traffic Signal: 1 Other - See Remarks: 1

Terms & Conditions

Conventional: 1

Commercial Amenities

None: 1

Utilities Installed

220: 1 Electricity: 1 Natural Gas: 1 Telephone: 1 Water - City: 1 WWT - City Sewer: 1

Internal Amenities

Ceiling Fan(s): 1 Fire/Smoke Detector: 1 Security/Alarm: 1

Parking

On-Site: 1

ContractAddressLegal

Original List Price: 1300000 Listing Date: 2014-05-29 Status: Closed 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

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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