1845 N State Route 89, Prescott, AZ 86301

$680,000
Property Type: Commercial/Indstrial Square Footage: 11,032 Lot Size (sq. ft.): 372,874 Status: Closed
Current Price: $680,000 List Date: 7/09/2015 Last Modified: 6/20/2023

Description

Rare opportunity to own 8.56 commercial acres adjacent scenic Highway 89 & surrounded by City of Prescott Watson Woods Riparian Preserve. This property is the former Air-Lock Log Cabin Company & still home to 4 occupied rental cabins. One is improved for Prescott Creeks Society offices the other 3 are residential rentals. Property is also improved with a 4,693 SF metal building & other useful buildings. Property generates over $3,000 per month which helps support a buy & hold for future use of the additional vacant acreage. Great location on Highway 89 at the Rosser Street signal with 1450' of highway frontage to the Prescott Lakes Parkway signal. IL zoning one of the more flexible for different uses. Excellent option to split into 8 commercial parcels and sell.

More Information MLS# 978267

Contract/Address/Legal

List Price/SqFt: 88 Neighborhood: N/A Comm Type: Industrial REO/Short Sale: Not Applicable Zoning: IL Business Name: former Air-Lock Log Cabins Zoning Description: Industrial Light Assessor's Book #: 105 Assessor's Map #: 4 Assessor's Parcel #: 11 Assessor Parcel Ltr: B Legal: IRREG PCL BY M&B LYNG APPROX 120' W OF THE SE COR NW4 SE4 OF & IN THE S2 SE4 CONT COR AC 5.20AC SEC 23-14-2W (105-04-011B) & IRREG PCL BY M&B LYNG APPROX 120' W OF SE COR NW4 SE4 OF & IN SE4 CONT CORR AC 3.36AC SEC 23-14-2W (105-04-011C)

General Property Description

Aprx Acres: 8.56 Lot Size: 8.56 acres Buildings: 6 Source of Measuremnt: County Assessor Stories: 1 Parking Spaces: 25 Management: Mgmt Company Vac Rate %: 100 CAM $: 0 GRM: 0 CC & R: No CC & R Type: None Property Use: Investment Prop Construction Status: Existing Space Available: No Total Liveable SqFt: 11032 Year Built: 1959

Tax Info

Taxes: 3837 Tax Year: 2013

Remarks & Misc

Directions: North on Highway 89 to signalized intersection at Rosser Street and turn right into Watson Woods Riparian Preserve and turn left before the parking lot to property at Prescott Creeks office. Remarks: Rare opportunity to own 8.56 commercial acres adjacent scenic Highway 89 & surrounded by City of Prescott Watson Woods Riparian Preserve. This property is the former Air-Lock Log Cabin Company & still home to 4 occupied rental cabins. One is improved for Prescott Creeks Society offices the other 3 are residential rentals. Property is also improved with a 4,693 SF metal building & other useful buildings. Property generates over $3,000 per month which helps support a buy & hold for future use of the additional vacant acreage. Great location on Highway 89 at the Rosser Street signal with 1450' of highway frontage to the Prescott Lakes Parkway signal. IL zoning one of the more flexible for different uses. Excellent option to split into 8 commercial parcels and sell.

Office/Member Info

Listing Exclusions: Yes

Status Change Info

Sold Price/SqFt: 62 Financing: Conventional Under Contract Date: 2016-01-05 Sold Date: 2016-03-30 Sold Price: $680,000

Building Type

Other - See Remarks: 1

Construction

Other - See Remarks: 1

Cooling

Other: 1 See Remarks: 1

External Amenities

Other - See Remarks: 1

Flooring

Other: 1 See Remarks: 1

Heating

Other: 1 See Remarks: 1

Possession

At Recordation: 1

Records Available

Other - See Remarks: 1

Road Responsibility

City: 1 City Maintained Road: 1 Paved: 1

Roof

Other - See Remarks: 1

Bathrooms

Other - See Remarks: 1

Business Location

Redevelopment Area: 1 Traffic Signal: 1

Terms & Conditions

Conventional: 1

Commercial Amenities

Other - See Remarks: 1

Utilities Installed

3 Phase: 1 Electricity: 1 Telephone: 1 Water - Private Well: 1 WWT - Septic: 1 Other - See Remarks: 1

Internal Amenities

Other - See Remarks: 1

Parking

Other - See Remarks: 1

ContractAddressLegal

Original List Price: 1195000 Listing Date: 2014-05-07 Status: Closed Listing Price: 969000 Street #: 1845 Direction: N Street Name: State Route 89 City/Township: Prescott State: AZ Zip Code: 86301 Subdivision: None County: Yavapai Tax Parcel: 105-04-011B

Property Features

Bathrooms: Other - See Remarks Building Type: Other - See Remarks Business Location: Redevelopment Area; Traffic Signal Commercial Amenities: Other - See Remarks Construction: Other - See Remarks Cooling: Other; See Remarks External Amenities: Other - See Remarks Flooring: Other; See Remarks Heating: Other; See Remarks Internal Amenities: Other - See Remarks Parking: Other - See Remarks Possession: At Recordation Records Available: Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Other - See Remarks Utilities Installed: 3 Phase; Electricity; Telephone; Water - Private Well; WWT - Septic; Other - See Remarks
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: June - 20 - 2023
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