118 E Carleton Street, Prescott, AZ 86303

$1,250,000
Property Type: Commercial/Indstrial Square Footage: 6,296 Lot Size (sq. ft.): 14,810 Status: Closed
Current Price: $1,250,000 List Date: 3/21/2020 Last Modified: 8/26/2020

Overview

Description

Well maintained office building in the heart of downtown Prescott. Newly signed 5 year Lease is in place with Morgan Stanley. New roof just put on at the beginning of 2020. Wonderfully landscaped. Building shows a lot of pride of ownership. On street parking as well as behind the building, which gives access not only to the upper level but to the main level as well. Excellent interior finishes within all offices.

Listing Details MLS# 1028570

ContractAddressLegal

Original List Price
1370000
Listing Price
1370000
Street #
118
Direction
E
Street Name
Carleton
St Suffix
Street
City/Township
Prescott
State
AZ
Zip Code
86303
County
Yavapai
Tax Parcel
109-01-081

General Property Description

Aprx Acres
0.34
Buildings
Yes
Total Liveable SqFt
6296
Source of Measuremnt
County Assessor
Stories
2
Parking Spaces
15
Year Built
2000
Management
Owner
NOI $
92745
Cap %
6.77
CAM $
5
Baths - Full
3
GRM
5
Property Use
Investment Prop
Construction Status
Existing
CC & R Fees
6297
Vac Rate %
0

Tax Info

Taxes
14159
Tax Year
2019

Status Change Info

Under Contract Date
2020-07-18
Sold Date
2020-08-20
Sold Price/SqFt
199
Financing
Cash

Heating

Natural Gas
Yes

Contract/Address/Legal

List Price/SqFt
218
Comm Type
Office
REO/Short Sale
Not Applicable
Zoning
DTB
Assessor's Book #
109
Assessor's Map #
Yes
Assessor's Parcel #
81
Legal
LOTS 21 & 23 BLOCK 21 PRESCOTT TOWNSITE BOOK 4 PAGE 9

More Information

Remarks & Misc

Directions
From Gurley Street go south on either Cortez or Marina to Carleton. Property is on the north side of Carleton between the two streets.
Remarks
Well maintained office building in the heart of downtown Prescott. Newly signed 5 year Lease is in place with Morgan Stanley. New roof just put on at the beginning of 2020. Wonderfully landscaped. Building shows a lot of pride of ownership. On street parking as well as behind the building, which gives access not only to the upper level but to the main level as well. Excellent interior finishes within all offices.

Building Type

2-4 Units
Yes
Office - Building
Yes

Construction

Block/Brick
Yes
Frame - Wood
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

External Amenities

Drip System
Yes
Handicap Access
Yes
Landscaped
Yes
Paved Parking
Yes

Flooring

Carpet
Yes
Wood
Yes

Possession

Subject to Tenant
Yes

Records Available

Site Plan
Yes
Other - See Remarks
Yes

Road Responsibility

City
Yes
City Maintained Road
Yes
Paved
Yes

Roof

Asphalt Shingle
Yes

Bathrooms

Interior
Yes
Separate M and W
Yes
Shared
Yes

Business Location

Corner Location
Yes
Freestanding Bldg
Yes
Office/Professional
Yes

Terms & Conditions

Conventional
Yes

Commercial Amenities

Ceiling Ht. Under 12
Yes
Grade Level
Yes

Utilities Installed

Electricity
Yes
Individual Meter
Yes
Master 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
Kitchen
Yes
Security/Alarm
Yes

Parking

On-Site
Yes
Street Parking
Yes

Pets/Animals

None
Yes

Property Features

Bathrooms: Interior; Separate M and W; Shared Building Type: 2-4 Units; Office - Building Business Location: Corner Location; Freestanding Bldg; Office/Professional Commercial Amenities: Grade Level; Ceiling Ht. Under 12 Construction: Block/Brick; Frame - Wood Cooling: Ceiling Fan(s); Central Air External Amenities: Drip System; Handicap Access; Landscaped; Paved Parking Flooring: Carpet; Wood Internal Amenities: Bathroom; Ceiling Fan(s); Fire/Smoke Detector; Kitchen; Security/Alarm Parking: On-Site; Street Parking Possession: Subject to Tenant Records Available: Site Plan; Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Asphalt Shingle Utilities Installed: Electricity; Individual Meter; Master Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Goliath Commercial Real Estate
Last Updated: August - 26 - 2020
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