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

Overview

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.

Listing Details MLS# 1000617

ContractAddressLegal

Original List Price
5390000
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

General Property Description

Aprx Acres
0.34
Buildings
Yes
Total Liveable SqFt
50903
Source of Measuremnt
County Assessor
Stories
3
Floor
4
Parking Spaces
34
Year Built
1963
Management
Owner
Vac Rate %
25
Baths - Full
30
Property Use
Investment Prop
Construction Status
Existing
Space Available
Yes
Date Available
2017-01-21
Total Bathrooms
16
CC & R
No
CC & R Type
None

Tax Info

Taxes
27069.22
Tax Year
2016

Status Change Info

Under Contract Date
2021-10-27
Sold Date
2022-04-01
Sold Price/SqFt
63
Financing
Cash

More Information

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
Listing Office: Carrera Investments, LLC
Last Updated: April - 01 - 2022
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