118 E Carleton, Prescott, AZ 86301

$1,375,000
Property Type: Commercial/Indstrial Square Footage: 6,295 Lot Size (sq. ft.): 14,810 Status: Closed
Current Price: $1,375,000 List Date: 2/26/2007 Last Modified: 4/10/2018

Overview

Description

A great opportunity to own the Carleton Building in downtown Prescott. Exceptional commercial building with unique architecture and a very prominent corner location. Excellent investment potential includes a 7 percent cap rate with three strong leases including Morgan Stanley. Terrific parking and very low maintenance.

Listing Details MLS# 912917

ContractAddressLegal

Original List Price
1390000
Listing Price
1390000
Street #
118
Direction
E
Street Name
Carleton
City/Township
Prescott
State
AZ
Zip Code
86301
County
Yavapai
Tax Parcel
109-01-081

General Property Description

Aprx Acres
0.34
Buildings
Yes
Total Liveable SqFt
6295
Source of Measuremnt
County Assessor
Stories
2
Year Built
2000
Management
Owner
Cap %
7

Tax Info

Taxes
10417
Tax Year
2006

Status Change Info

Under Contract Date
2007-03-01
Sold Date
2007-04-30
Sold Price/SqFt
218
Financing
Cash

Heating

Natural Gas
Yes

Contract/Address/Legal

List Price/SqFt
220
Comm Type
Other
REO/Short Sale
Not Applicable
Zoning
DTB
Business Name
General Offices
Business Type
Service
Assessor's Book #
109
Assessor's Map #
Yes
Assessor's Parcel #
81
Legal
Prescott Original Townsite Replat Block 21 Lots 21 and 23.

More Information

Remarks & Misc

Directions
East on Gurley Street. Right on Cortez. Left on Carleton. Located on the northeast corner of Carleton and Marina.
Remarks
A great opportunity to own the Carleton Building in downtown Prescott. Exceptional commercial building with unique architecture and a very prominent corner location. Excellent investment potential includes a 7 percent cap rate with three strong leases including Morgan Stanley. Terrific parking and very low maintenance.

Building Type

2-4 Units
Yes
Office - Building
Yes

Construction

Block/Brick
Yes
Frame - Wood
Yes
Stucco
Yes
Other - See Remarks
Yes

Cooling

Central Air
Yes

External Amenities

Handicap Access
Yes
Landscaped
Yes
Paved Parking
Yes
Other - See Remarks
Yes

Flooring

Carpet
Yes
Tile
Yes
Wood
Yes

Possession

At Recordation
Yes

Road Responsibility

City
Yes
City Maintained Road
Yes
Paved
Yes

Roof

Asphalt Shingle
Yes

Bathrooms

Unisex
Yes
Other - See Remarks
Yes

Business Location

Corner Location
Yes
Freestanding Bldg
Yes
Office/Professional
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes

Commercial Amenities

Ceiling Ht. Under 12
Yes

Utilities Installed

220
Yes
Electricity
Yes
Individual Meter
Yes
Natural Gas
Yes
Telephone
Yes
Water - City
Yes
WWT - City Sewer
Yes
Other - See Remarks
Yes

Internal Amenities

Ceiling Fan(s)
Yes

Parking

Other - See Remarks
Yes

Property Features

Bathrooms: Unisex; Other - See Remarks Building Type: 2-4 Units; Office - Building Business Location: Corner Location; Freestanding Bldg; Office/Professional Commercial Amenities: Ceiling Ht. Under 12 Construction: Block/Brick; Frame - Wood; Stucco; Other - See Remarks Cooling: Central Air External Amenities: Handicap Access; Landscaped; Paved Parking; Other - See Remarks Flooring: Carpet; Tile; Wood Internal Amenities: Ceiling Fan(s) Parking: Other - See Remarks Possession: At Recordation Road Responsibility: City Maintained Road; Paved Roof: Asphalt Shingle Utilities Installed: 220; Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer; Other - See Remarks
Listing Office: PRESCOTT HERITAGE REALTY
Last Updated: April - 10 - 2018
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