152 S Montezuma Street, Prescott, AZ 86303

$2,550,000
Property Type: Commercial/Indstrial Square Footage: 8,650 Lot Size (sq. ft.): 11,326 Status: Closed
Current Price: $2,550,000 List Date: 9/11/2021 Last Modified: 9/11/2021

Overview

Description

The Grand Highland Hotel, a 12-room hotel located on Whiskey Row in the desirable Historic Downtown District of Prescott, Arizona. The Grand Highland Hotel is a two-story property consisting of 7,125 square feet, with an additional 325 square feet of storage on ground level and a 1,200 square-foot basement also used for storage and staff meeting space. The subject property consists of three 3,750 square-foot lots, with the hotel sitting on one lot and the other two lots designated to the hotel's outdoor event/wedding space.

Supplements: The Grand Highland Hotel features three fully recreated and restored event venues: the Holiday Courtyard, Holiday Ballroom and Holiday Hub. The Holiday Venues event spaces provide an ideal backdrop for bridal showers, rehearsal dinners, wedding ceremonies, cocktail and seated receptions and dancing. Event amenities include seating, tables, state-of ...

Listing Details MLS# 1042029

ContractAddressLegal

Original List Price
3200000
Listing Price
3200000
Street #
152
Direction
S
Street Name
Montezuma
St Suffix
Street
City/Township
Prescott
State
AZ
Zip Code
86303
County
Yavapai
Tax Parcel
109-02-016C

General Property Description

Aprx Acres
0.26
Buildings
8650
Total Liveable SqFt
8650
Source of Measuremnt
County Assessor
Stories
2
Year Built
1988
Management
Owner
Baths - Full
12
CC & R Fees
7556

Tax Info

Taxes
14472
Tax Year
2020

Status Change Info

Under Contract Date
2021-09-11
Sold Date
2021-09-11
Sold Price/SqFt
295
Financing
Conventional

More Information

Property Features

Bathrooms: Exterior; Separate M and W; Other - See Remarks Building Type: 5+ Units; Motel/Hotel; Other - See Remarks Business Location: Freestanding Bldg; Other - See Remarks Commercial Amenities: Ceiling Ht. Under 12 Construction: Block/Brick; Frame - Wood; Stucco Cooling: Evaporative Cooling; Gas Pack External Amenities: Fence; Landscaped Flooring: Carpet; Laminate; Wood Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Fire/Smoke Detector Parking: Street Parking; Other - See Remarks Possession: At Recordation Records Available: Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Rolled/Hot Mop Utilities Installed: Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: September - 11 - 2021
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