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

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.

More Information MLS# 1065933

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

General Property Description

Aprx Acres: 0.13 Lot Size: 5820 Buildings: 1 Source of Measuremnt: County Assessor Stories: 2 Parking Spaces: 0 Management: Owner Vac Rate %: 0 CAM $: 0 GRM: 0 CC & R: No CC & R Type: None Property Use: Investment Prop Construction Status: Existing Space Available: No Total Liveable SqFt: 5480 Year Built: 1920 Baths - Full: 1 Total Bathrooms: 1

Tax Info

Taxes: 3672 Tax Year: 2023

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

Status Change Info

Sold Price/SqFt: 307 Financing: Cash Under Contract Date: 2024-09-17 Sold Date: 2024-09-30 Sold Price: $1,680,000

Building Type

Food Service: 1 Indust - Flex Space: 1 Indust - Showroom: 1 Office - Building: 1 Office - Warehouse: 1 Retail - Free Stand: 1 Other - See Remarks: 1

Construction

# of Bays: 1 Bay Door Height: 8' Block/Brick: 1 Frame - Wood: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

External Amenities

Security Lights: 1

Flooring

Concrete: 1 Vinyl: 1

Heating

Electric: 1 Natural Gas: 1 Zoned: 1

Possession

At Recordation: 1

Records Available

Phase I: 1 Site Plan: 1 Other - See Remarks: 1

Road Responsibility

City: 1 City Maintained Road: 1 Paved: 1

Roof

Asphalt Shingle: 1

Bathrooms

Interior: 1 Shared: 1 Staff: 1 Unisex: 1

Business Location

Corner Location: 1 Freestanding Bldg: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1

Commercial Amenities

Ceiling Ht. 12-15: 1 Grade Level: 1 Overhead Door(s): 1 Roll-Up Door(s): 1 Truck/Loading Dock: 1

Utilities Installed

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

Internal Amenities

Bathroom: 1 Ceiling Fan(s): 1 Fire/Smoke Detector: 1 Mezzanine: 1

Parking

Street Parking: 1

Pets/Animals

None: 1

ContractAddressLegal

Original List Price: 2100000 Listing Date: 2024-07-10 Status: Closed 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

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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