122 N Cortez Street, Prescott, AZ 86301
$3,200,000
Property Type:
Commercial/Indstrial
Baths:
16
Square Footage:
50,903
Lot Size (sq. ft.):
14,810
Status:
Closed
Current Price:
$3,200,000
List Date:
6/28/2021
Last Modified:
4/01/2022
Description
Historic ''MID-CENTURY MODERN'' flex building, concrete structure, built in 1963.
3 STORIES of office space with elevator, restrooms on each floor and in some of the offices.
4th FLOOR has 2,183 sf penthouse with mechanicals for building.
LOWER LEVEL secured parking garage with 34 parking spaces.
Zoned multiple HVAC Units.
Street parking, city parking lot behind building and city parking garage within 1.5 blocks.
Beautiful building with enormous potential for multi use space.
Zoned DTB-Downtown Business district allows business and/or residential uses.
SPACE AVAILABLE FOR LEASE.
More Information MLS# 1000617
Contract/Address/Legal
List Price/SqFt: 71
Comm Type: Office
REO/Short Sale: Not Applicable
Zoning: DTB
Business Name: BULLERI BUILDING
Zoning Description: downtown business
Business Type: office or retail
Assessor's Book #: 113
Assessor's Map #: 15
Assessor's Parcel #: 108
Legal: LOT 13 BLOCK 8 PRESCOTT
General Property Description
Aprx Acres: 0.34
Lot Size: 15000
Buildings: 1
Source of Measuremnt: County Assessor
Stories: 3
Floor: 4
Parking Spaces: 34
Management: Owner
Gross Vol/Yr $: 0
Vac Rate %: 25
CAM $: 0
GRM: 0
CC & R: No
CC & R Type: None
Property Use: Investment Prop
Construction Status: Existing
Space Available: Yes
Date Available: 2017-01-21
Total Liveable SqFt: 50903
Year Built: 1963
Baths - Full: 30
Total Bathrooms: 16
Tax Info
Taxes: 27069.22
Tax Year: 2016
Remarks & Misc
Directions: From Gurley Street, N on Cortez Street to property on the west side of the street next to The Office Restaurant.
Remarks: Historic ''MID-CENTURY MODERN'' flex building, concrete structure, built in 1963.
3 STORIES of office space with elevator, restrooms on each floor and in some of the offices.
4th FLOOR has 2,183 sf penthouse with mechanicals for building.
LOWER LEVEL secured parking garage with 34 parking spaces.
Zoned multiple HVAC Units.
Street parking, city parking lot behind building and city parking garage within 1.5 blocks.
Beautiful building with enormous potential for multi use space.
Zoned DTB-Downtown Business district allows business and/or residential uses.
SPACE AVAILABLE FOR LEASE.
Office/Member Info
Listing Exclusions: No
Status Change Info
Sold Price/SqFt: 63
Financing: Cash
Under Contract Date: 2021-10-27
Sold Date: 2022-04-01
Sold Price: $3,200,000
Building Type
5+ Units: 1
Food Service: 1
Motel/Hotel: 1
Office - Building: 1
Other - See Remarks: 1
Construction
Block/Brick: 1
Frame - Steel: 1
Other - See Remarks: 1
Cooling
Central Air: 1
External Amenities
Handicap Access: 1
Paved Parking: 1
Security Lights: 1
Other - See Remarks: 1
Flooring
Carpet: 1
Tile: 1
Other: 1
See Remarks: 1
Heating
Natural Gas: 1
Zoned: 1
Possession
At Recordation: 1
Records Available
Other - See Remarks: 1
Road Responsibility
City: 1
City Maintained Road: 1
Roof
Welded Membrane: 1
Bathrooms
ADA: 1
Interior: 1
Public: 1
Separate M and W: 1
Business Location
Freestanding Bldg: 1
Office/Professional: 1
Other - See Remarks: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
Commercial Amenities
Grade Level: 1
Other - See Remarks: 1
Utilities Installed
220: 1
Electricity: 1
Master Meter: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Internal Amenities
Bathroom: 1
Elevator(s): 1
Fire/Smoke Detector: 1
Parking
On-Site: 1
Street Parking: 1
Other - See Remarks: 1
ContractAddressLegal
Original List Price: 5390000
Listing Date: 2017-01-21
Status: Closed
Listing Price: 3600000
Street #: 122
Direction: N
Street Name: Cortez
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Tax Parcel: 113-15-108
Property Features
Bathrooms: ADA; Interior; Public; Separate M and W
Building Type: 5+ Units; Food Service; Motel/Hotel; Office - Building; Other - See Remarks
Business Location: Freestanding Bldg; Office/Professional; Other - See Remarks
Commercial Amenities: Grade Level; Other - See Remarks
Construction: Block/Brick; Frame - Steel; Other - See Remarks
Cooling: Central Air
External Amenities: Handicap Access; Paved Parking; Security Lights; Other - See Remarks
Flooring: Carpet; Tile; Other; See Remarks
Heating: Natural Gas; Natural Gas; Zoned
Internal Amenities: Bathroom; Elevator(s); Fire/Smoke Detector
Parking: On-Site; Street Parking; Other - See Remarks
Possession: At Recordation
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road
Roof: Welded Membrane
Utilities Installed: 220; Electricity; Master Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Documents
Listing Office:
Carrera Investments, LLC
Last Updated: April - 01 - 2022
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