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

Overview

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.

Listing Details MLS# 978267

ContractAddressLegal

Original List Price
1195000
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

General Property Description

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

Tax Info

Taxes
3837
Tax Year
2013

Status Change Info

Under Contract Date
2016-01-05
Sold Date
2016-03-30
Sold Price/SqFt
62
Financing
Conventional

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)

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.

More Information

Office/Member Info

Listing Exclusions
Yes

Building Type

Other - See Remarks
Yes

Construction

Other - See Remarks
Yes

Cooling

Other
Yes
See Remarks
Yes

External Amenities

Other - See Remarks
Yes

Flooring

Other
Yes
See Remarks
Yes

Heating

Other
Yes
See Remarks
Yes

Possession

At Recordation
Yes

Records Available

Other - See Remarks
Yes

Road Responsibility

City
Yes
City Maintained Road
Yes
Paved
Yes

Roof

Other - See Remarks
Yes

Bathrooms

Other - See Remarks
Yes

Business Location

Redevelopment Area
Yes
Traffic Signal
Yes

Terms & Conditions

Conventional
Yes

Commercial Amenities

Other - See Remarks
Yes

Utilities Installed

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

Internal Amenities

Other - See Remarks
Yes

Parking

Other - See Remarks
Yes

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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