130 N Cortez Street, Prescott, AZ 86301

$1,125,000

130 North Cortez. Previously Prescott Hotel and The Territorial Courthouse

Virtual Tour

https://my.matterport.com/show/?m=zSv3Ek2DS9d

Windows currently enclosed. This is a rendering of window removal and paint.

Originally built in 1900. Part of Prescott's history. It is claimed that Big Nose Kate once stayed at the Prescott Hotel.

Foyer of Hotel area still retains some of the original woodwork

Bueatiful staircase and woodwork in the foyer

Classic Chandelier and stairs leading to second level of 3 levels.

Shot of Hallway and court number 1 to left on 1st floor.

Shot from landing before going to second floor.

This is one of 4 racquetball courts that was part of the Territorial Courthouse Athletic Club. 40'x20'x20'

Huge racquetball court #1 ready for improvement have steel reinforcement in the walls throughout.

Court #2 also 20 feet high, 20' wide and 40' in depth. Easily add a floor.

Number 2 of 4 racquetball courts. 40'x20'x20'

Court 3 floor level looking at upper level observation area.

Number 3 of 4 racquetball courts with all wood floors throughout. 40'x20'x20' View from Observation deck

Number 4 of 4 racquetball courts. 40'x20'x20'

One of two Locker rooms - sauna, Jacuzzi and lockers remain.

3rd floor - previously area for yoga and Silver Sneakers.

Classic stain glass windows still remain on doors to locker rooms.

MapPrescottOpportunityZone_16Oct18With A

Property Type: Commercial/Indstrial Square Footage: 8,272 Lot Size (sq. ft.): 7,405 Status: Closed

Current Price: $1,125,000 List Date: 11/21/2017 Last Modified: 11/09/2021

Description

INVESTORS! This building is in Prescott's OPPORTUNITY ZONE! See tab for details or call agent. This historic building was originally built in 1900 and served as the historic Prescott Hotel. The building was reconstructed in 1949 and, in approximately 1979, was retrofitted with steel I-beams and metal studs throughout. Much of the original historic architecture still exists inside this Prescott landmark. The building served in its latest form as the Territorial Courthouse, a full-scale fitness center with racquetball courts. Owner has approved plans to build 6 condos, a craft bar and retail space to create over 12,000 sq. feet of space. A Preliminary Plat map with proposed divisions has been submitted.

Supplements: 12 dedicated parking spaces are included behind building. Plans are available for viewing by appt. Continue owner's vision or create your own. The flavor of Prescott lives on in this historic downtown gem!

More Information MLS# 1008100

Contract/Address/Legal

List Price/SqFt: 157 Comm Type: Other REO/Short Sale: Not Applicable Zoning: DTB Zoning Description: Downtown Prescott Business Type: Retail Assessor's Book #: 113 Assessor's Map #: 15 Assessor's Parcel #: 105 Legal: PRESCOTT LOT 9 BLK 8

General Property Description

Aprx Acres: 0.17 Lot Size: 7405 Buildings: 1 Source of Measuremnt: County Assessor Stories: 3 Floor: 3 Parking Spaces: 12 Management: Owner Vac Rate %: 0 CAM $: 0 GRM: NA CC & R Fees: 8272 Construction Status: Existing Date Available: 2017-11-20 Total Liveable SqFt: 8272 Year Built: 1949 Baths - Full: 7

Tax Info

Taxes: 4932 Tax Year: 2017

Remarks & Misc

Directions: On the west side of Cortez between Gurley and Willis Remarks: INVESTORS! This building is in Prescott's OPPORTUNITY ZONE! See tab for details or call agent. This historic building was originally built in 1900 and served as the historic Prescott Hotel. The building was reconstructed in 1949 and, in approximately 1979, was retrofitted with steel I-beams and metal studs throughout. Much of the original historic architecture still exists inside this Prescott landmark. The building served in its latest form as the Territorial Courthouse, a full-scale fitness center with racquetball courts. Owner has approved plans to build 6 condos, a craft bar and retail space to create over 12,000 sq. feet of space. A Preliminary Plat map with proposed divisions has been submitted.

Status Change Info

Sold Price/SqFt: 136 Financing: Cash Under Contract Date: 2021-06-21 Sold Date: 2021-07-02 Sold Price: $1,125,000

Building Type

Other - See Remarks: 1

Construction

Architect Concept: 1 Block/Brick: 1 Frame - Steel: 1 Other - See Remarks: 1

Cooling

Central Air: 1

External Amenities

Handicap Access: 1 Other - See Remarks: 1

Flooring

Wood: 1

Heating

Natural Gas: 1

Possession

At Recordation: 1

Records Available

Site Plan: 1 Other - See Remarks: 1

Road Responsibility

City: 1 City Maintained Road: 1 Paved: 1

Roof

Rolled/Hot Mop: 1

Bathrooms

Interior: 1 Public: 1 Separate M and W: 1 Other - See Remarks: 1

Business Location

Freestanding Bldg: 1 Other - See Remarks: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1

Commercial Amenities

Ceiling Ht. 16+: 1 Other - See Remarks: 1

Utilities Installed

Electricity: 1 Master Meter: 1 Natural Gas: 1 Water - City: 1 WWT - City Sewer: 1

Internal Amenities

Bathroom: 1 Security/Alarm: 1

Parking

On-Site: 1 Street Parking: 1

ContractAddressLegal

Original List Price: 16000000 Listing Date: 2017-11-21 Status: Closed Listing Price: 1300000 Street #: 130 Direction: N Street Name: Cortez St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86301 Subdivision: Prescott Original Township County: Yavapai Tax Parcel: 113-15-105

Property Features

Bathrooms: Interior; Public; Separate M and W; Other - See Remarks Building Type: Other - See Remarks Business Location: Freestanding Bldg; Other - See Remarks Commercial Amenities: Ceiling Ht. 16+; Other - See Remarks Construction: Architect Concept; Block/Brick; Frame - Steel; Other - See Remarks Cooling: Central Air External Amenities: Handicap Access; Other - See Remarks Flooring: Wood Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Security/Alarm Parking: On-Site; Street Parking Possession: At Recordation Records Available: Site Plan; Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Rolled/Hot Mop Utilities Installed: Electricity; Master Meter; Natural Gas; Water - City; WWT - City Sewer

Documents

Opportunity Zone ›

Listing Office: Arizona Prime Real Estate

Last Updated: November - 09 - 2021

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