1459-1527 W Gurley Street, Prescott, AZ 86305

$3,560,000
Property Type: Commercial/Indstrial Square Footage: 68,757 Lot Size (sq. ft.): 249,599 Status: Closed
Current Price: $3,560,000 List Date: 5/08/2021 Last Modified: 5/08/2021

Description

This extraordinary opportunity to acquire and/or lease the West End Plaza (the Center). Formerly a Fry's anchored the shopping center, the Center is located at 1479-1529 W. Gurley St just 1 mile west of Downtown Prescott & the Courthouse Square. This rare repositioning opportunity includes approx. 5.73 acres plus the 68,757 sf Shopping Center. The purchase price has been reduced by $600,000 to $3,600,000 or $52.36/sf. The lease opportunities range in size from 4,000 sf to 50,000 sf. The former Fry's space of approx. 50,000 sf. is ideal for users with large square foot requirements and includes 20 foot ceiling heights and loading docks. The property enjoys excellent demographics, serving residential neighborhoods and custom home subdivisions to the north, south and west.

Supplements: This extraordinary opportunity to acquire and/or lease the West End Plaza (the Center). Formerly a Fry's anchored the shopping center, the Center is located at 1479-1529 W. Gurley St just 1 mile west of Downtown Prescott & the Courthouse Square. This rare repositioning opportunity includes approx. 5.73 acres plus the 68,757 sf Shopping Center. The purchase price has been reduced by $600,000 to $3,600,000 or $52.36/sf. The lease opportunities range in size from 4,000 sf to 50,000 sf. The former Fry's space of approx. 50,000 sf. is ideal for users with large square foot requirements and includes 20 foot ceiling heights and loading docks. The property enjoys excellent demographics, serving residential neighborhoods and custom home subdivisions to the north, south and west. Traffic counts are in excess of 25,000 vehicles per day along W. Gurley St. The Center offers excellent monument signage, visibility and over 325 on-site parking spaces. The existing lease for the adjacent, free-standing Casa Sanchez Mexican restaurant will transfer with sale or this portion of the site may be split off and sold to the tenant.

More Information MLS# 1032948

ContractAddressLegal

Original List Price: 3600000 Listing Date: 2020-09-19 Status: Closed Listing Price: 3600000 Street #: 1459-1527 Direction: W Street Name: Gurley St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86305 County: Yavapai Tax Parcel: 111-08-038C

General Property Description

Lot Size: 226948 Aprx Acres: 5.73 Buildings: 2 Total Liveable SqFt: 68757 Source of Measuremnt: County Assessor Stories: 1 Parking Spaces: 325 Year Built: 1964 Baths - Full: 6

Tax Info

Taxes: 34136 Tax Year: 2019

Status Change Info

Under Contract Date: 2021-05-07 Sold Date: 2021-05-07 Sold Price: $3,560,000 Sold Price/SqFt: 52 Financing: Conventional

Property Features

Bathrooms: ADA; Interior; Separate M and W; Unisex Building Type: 5+ Units; Indust - Flex Space; Indust - Warehouse; Medical/Dental; Office - Building; Religious Facility; Retail - Shopping Center Business Location: Commercial Strip; Freestanding Bldg; Multiple Locations; Office/Professional; Redevelopment Area Commercial Amenities: Grade Level; Roll-Up Door(s); Ceiling Ht. Under 12; Ceiling Ht. 12-15; Ceiling Ht. 16+; Truck/Loading Dock Construction: Block/Brick; Frame - Wood; Stucco Cooling: Gas Pack External Amenities: Fence; Handicap Access; Paved Parking Flooring: Carpet; Concrete Heating: Natural Gas; Natural Gas Internal Amenities: Fire/Smoke Detector; Sprinklers Parking: On-Site; Truck Possession: At Recordation Records Available: Site Plan; Survey Road Responsibility: City Maintained Road; Paved Roof: Rolled/Hot Mop Utilities Installed: Electricity; Individual Meter; Master Meter; Natural Gas; Security System; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: May - 08 - 2021
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