115 W Willis Street, Prescott, AZ 86301

$1,680,000

Property Type: Commercial/Indstrial Baths: 1 Square Footage: 5,480 Lot Size (sq. ft.): 5,663 Status: Closed

Current Price: $1,680,000 List Date: 7/10/2024 Last Modified: 9/30/2024

Overview

Description

Experience the best of both worlds in this historic downtown property. The exposed ceiling trusses and other original features add a touch of nostalgia while the large windows and open layout provide a modern and airy feel. This is the perfect setting for a retail showroom to showcase quality merchandise. Bella Home Furnishings has flourished here and will negotiate a leaseback with the Buyer during escrow. The building has a charming front elevation complete with ample signage, designer awnings, a welcoming storefront, and outside speakers. There is an overhead door in the alley for ease of receiving and delivering products. The first floor is 5,195 square feet with an additional 625 square feet of upstairs storage space on the mezzanine. At a later date this building could be used for a

Supplements: an elegant eatery, a museum, an upscale salon, to display a private collection, or as a contemporary office. Don't miss out on this one. These historical treasures don't come available downtown very often.

Listing Details MLS# 1065933

ContractAddressLegal

Original List Price: 2100000
Listing Price: 1999999
Street #: 115
Direction: W
Street Name: Willis
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86301
Subdivision: Prescott
County: Yavapai
Tax Parcel: 113-15-099

General Property Description

Aprx Acres: 0.13
Buildings: Yes
Total Liveable SqFt: 5480
Source of Measuremnt: County Assessor
Stories: 2
Year Built: 1920
Management: Owner
Baths - Full: Yes
Property Use: Investment Prop
Construction Status: Existing
Space Available: No
Total Bathrooms: Yes
CC & R: No
CC & R Type: None
Parking Spaces: 0
Vac Rate %: 0
CAM $: 0
GRM: No

Tax Info

Taxes: 3672
Tax Year: 2023

Status Change Info

Under Contract Date: 2024-09-17
Sold Date: 2024-09-30
Sold Price/SqFt: 307
Financing: Cash

Construction

# of Bays: Yes
Bay Door Height: 8'
Block/Brick: Yes
Frame - Wood: Yes

Contract/Address/Legal

List Price/SqFt: 365
Neighborhood: N/A
Comm Type: Retail
REO/Short Sale: Not Applicable
Zoning: DTB
Zoning Description: Downtown Business Di
Business Type: Retail
Assessor's Book #: 113
Assessor's Map #: 15
Assessor's Parcel #: 99
Legal: LOT 2 AP20; E 54.8 FT LOT 4 AP21 ALL IN BLOCK 8 PRESCOTT BOOK 4 PAGE 22

More Information

Remarks & Misc

Directions: Walk north of the square 631 feet on Montezuma, turn right on Willis. Property is the second building on the right.
Remarks: Experience the best of both worlds in this historic downtown property. The exposed ceiling trusses and other original features add a touch of nostalgia while the large windows and open layout provide a modern and airy feel. This is the perfect setting for a retail showroom to showcase quality merchandise. Bella Home Furnishings has flourished here and will negotiate a leaseback with the Buyer during escrow. The building has a charming front elevation complete with ample signage, designer awnings, a welcoming storefront, and outside speakers. There is an overhead door in the alley for ease of receiving and delivering products. The first floor is 5,195 square feet with an additional 625 square feet of upstairs storage space on the mezzanine. At a later date this building could be used for a

Office/Member Info

Listing Exclusions: No

Building Type

Food Service: Yes
Indust - Flex Space: Yes
Indust - Showroom: Yes
Office - Building: Yes
Office - Warehouse: Yes
Retail - Free Stand: Yes
Other - See Remarks: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

External Amenities

Security Lights: Yes

Flooring

Concrete: Yes
Vinyl: Yes

Heating

Electric: Yes
Natural Gas: Yes
Zoned: Yes

Possession

At Recordation: Yes

Records Available

Phase I: Yes
Site Plan: Yes
Other - See Remarks: Yes

Road Responsibility

City: Yes
City Maintained Road: Yes
Paved: Yes

Roof

Asphalt Shingle: Yes

Bathrooms

Interior: Yes
Shared: Yes
Staff: Yes
Unisex: Yes

Business Location

Corner Location: Yes
Freestanding Bldg: Yes

Terms & Conditions

1031 Exchange: Yes
Conventional: Yes

Commercial Amenities

Ceiling Ht. 12-15: Yes
Grade Level: Yes
Overhead Door(s): Yes
Roll-Up Door(s): Yes
Truck/Loading Dock: Yes

Utilities Installed

220: Yes
Electricity: Yes
Individual Meter: Yes
Natural Gas: Yes
Telephone: Yes
Water - City: Yes
WWT - City Sewer: Yes

Internal Amenities

Bathroom: Yes
Ceiling Fan(s): Yes
Fire/Smoke Detector: Yes
Mezzanine: Yes

Parking

Street Parking: Yes

Pets/Animals

None: Yes

Property Features

Bathrooms: Interior; Shared; Staff; Unisex Building Type: Food Service; Indust - Flex Space; Indust - Showroom; Office - Building; Office - Warehouse; Retail - Free Stand; Other - See Remarks Business Location: Corner Location; Freestanding Bldg Commercial Amenities: Grade Level; Roll-Up Door(s); Ceiling Ht. 12-15; Overhead Door(s); Truck/Loading Dock Construction: Block/Brick; Frame - Wood Cooling: Ceiling Fan(s); Central Air External Amenities: Security Lights Flooring: Concrete; Vinyl Heating: Electric; Natural Gas; Natural Gas; Zoned Internal Amenities: Bathroom; Ceiling Fan(s); Fire/Smoke Detector; Mezzanine Parking: Street Parking Possession: At Recordation Records Available: Phase I; Site Plan; Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Asphalt Shingle Utilities Installed: 220; Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer

Listing Office: Prescott Commercial Real Estate

Last Updated: September - 30 - 2024

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