1250 E State Route 89a, Cottonwood, AZ 86326

$900,000

Property Type: Commercial/Indstrial Square Footage: 4,988 Lot Size (sq. ft.): 33,541 Status: Closed

Current Price: $900,000 List Date: 7/03/2024 Last Modified: 7/03/2024

Overview

Description

Located on busy State Route 89A just west of Main St and east of 12th St in Cottonwood, AZ. The property is a fully leased 4988 square foot office building. The paved lot provides 29 parking spaces; one of which is reserved as a handicap space allowing easy access into the building. There are male and female bathrooms, a break room, conference room, storage and numerous offices. There is also a drive-through. The interior could be easily reconfigured as the building was designed with exterior wall support. The property is currently serviced by septic however there is also a sewer tap on the property if desired for future use. This office space was designed and built specifically for Arizona Public Service in 1985 and has been continually leased since. The NNN lease runs through 12/31/22.

Listing Details MLS# 1065784

ContractAddressLegal

Original List Price: 969000
Listing Price: 969000
Street #: 1250
Direction: E
Street Name: State Route 89a
City/Township: Cottonwood
State: AZ
Zip Code: 86326
Subdivision: None
County: Yavapai
Tax Parcel: 406-06-022E

General Property Description

Aprx Acres: 0.77
Buildings: Yes
Total Liveable SqFt: 4988
Source of Measuremnt: County Assessor
Stories: Yes
Parking Spaces: 33
Year Built: 1985
Management: Owner
NOI $: 71204
Cap %: 7.12
Baths - Full: Yes
GRM: 7.38%
Property Use: Investment Prop
Construction Status: Existing
CC & R Fees: 4988

Tax Info

Taxes: 7311
Tax Year: 2019

Status Change Info

Under Contract Date: 2024-07-01
Sold Date: 2024-07-01
Sold Price/SqFt: 180
Financing: Owner Will Carry

More Information

Property Features

Bathrooms: ADA; Interior; Separate M and W Building Type: Office - Building Business Location: Freestanding Bldg; Office/Professional Commercial Amenities: Grade Level Construction: Other - See Remarks Cooling: Central Air External Amenities: Handicap Access; Landscaped; Paved Parking Flooring: Other; See Remarks Heating: Electric; Zoned Internal Amenities: Bathroom; Kitchen Parking: On-Site Possession: At Recordation Records Available: Site Plan; Survey Road Responsibility: City Maintained Road; State Maintained Road Roof: Rolled/Hot Mop Utilities Installed: Electricity; Individual Meter; Water - City; WWT - Septic

Listing Office: Linton Real Estate

Last Updated: July - 03 - 2024

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