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

Overview

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!

Listing Details MLS# 1008100

ContractAddressLegal

Original List Price: 16000000
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

General Property Description

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

Tax Info

Taxes: 4932
Tax Year: 2017

Status Change Info

Under Contract Date: 2021-06-21
Sold Date: 2021-07-02
Sold Price/SqFt: 136
Financing: Cash

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

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.

More Information

Building Type

Other - See Remarks: Yes

Construction

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

Cooling

Central Air: Yes

External Amenities

Handicap Access: Yes
Other - See Remarks: Yes

Flooring

Wood: Yes

Heating

Natural Gas: Yes

Possession

At Recordation: Yes

Records Available

Site Plan: Yes
Other - See Remarks: Yes

Road Responsibility

City: Yes
City Maintained Road: Yes
Paved: Yes

Roof

Rolled/Hot Mop: Yes

Bathrooms

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

Business Location

Freestanding Bldg: Yes
Other - See Remarks: Yes

Terms & Conditions

1031 Exchange: Yes
Conventional: Yes

Commercial Amenities

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

Utilities Installed

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

Internal Amenities

Bathroom: Yes
Security/Alarm: Yes

Parking

On-Site: Yes
Street Parking: Yes

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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