202 N Cortez Street, Prescott, AZ 86301

$1,950,000
Property Type: Commercial/Indstrial Baths: 1 Square Footage: 736 Lot Size (sq. ft.): 22,651 Status: Closed
Current Price: $1,950,000 List Date: 8/14/2023 Last Modified: 9/15/2023

Overview

Description

This one of a kind commercial space is sitting on .52 acres of prime property in the center of Downtown Prescott. Located on the hard corner of North Cortez Street and West Willis Street the building was erected in 1974 for banking purposes totaling 736 square feet with three drive thru slots and options for two ATMs. This site has a high traffic count and tons of parking. This property is an excellent opportunity for a business needing a drive through i.e. food service, coffee shop, beer & wine or another financial services operator.

Listing Details MLS# 1058447

ContractAddressLegal

Original List Price
1950000
Listing Price
1950000
Street #
202
Direction
N
Street Name
Cortez Street
City/Township
Prescott
State
AZ
Zip Code
86301
County
Yavapai
Tax Parcel
13-15-072

General Property Description

Aprx Acres
0.52
Buildings
Yes
Total Liveable SqFt
736
Source of Measuremnt
Builder Plans
Stories
Yes
Floor
Yes
Parking Spaces
16
Year Built
1981
Management
Owner
Vac Rate %
100
Baths - Full
Yes
GRM
-
Construction Status
Existing
Space Available
Yes
Date Available
2023-08-14
Total Bathrooms
Yes
Volts
240
CAM $
0

Tax Info

Taxes
5746.82
Tax Year
2022

Status Change Info

Under Contract Date
2023-08-16
Sold Date
2023-09-14
Sold Price/SqFt
2649
Financing
Cash

Contract/Address/Legal

List Price/SqFt
2649
Comm Type
Retail
REO/Short Sale
Not Applicable
Zoning
DTB
Zoning Description
DT Business District
Legal
PRESOCTT ORIGINAL TOWNSITE BLOCK 2 LOTS 15 17 & 19 REPLAT LOT 15 - R CONT .52AC SEC 33-14-2W M&P 60/21

Remarks & Misc

Directions
Starting from the northeast corner of the Prescott Courthouse, head north on Cortez Street. The property is at the northwest corner of Cortez Street and Willis Street at the stop sign intersection.
Remarks
This one of a kind commercial space is sitting on .52 acres of prime property in the center of Downtown Prescott. Located on the hard corner of North Cortez Street and West Willis Street the building was erected in 1974 for banking purposes totaling 736 square feet with three drive thru slots and options for two ATMs. This site has a high traffic count and tons of parking. This property is an excellent opportunity for a business needing a drive through i.e. food service, coffee shop, beer & wine or another financial services operator.

More Information

Office/Member Info

Listing Exclusions
No

Building Type

C-Store
Yes
Food Service
Yes
Retail - Free Stand
Yes

Construction

Vanilla Shell
Yes

Cooling

Evaporative Cooling
Yes
Gas Pack
Yes

External Amenities

Handicap Access
Yes
Landscaped
Yes
Paved Parking
Yes

Flooring

Carpet
Yes
Tile
Yes

Heating

Natural Gas
Yes

Possession

At Recordation
Yes

Records Available

Site Plan
Yes

Road Responsibility

City Maintained Road
Yes
Paved
Yes

Roof

Metal
Yes

Bathrooms

ADA
Yes
Interior
Yes
Staff
Yes

Business Location

Commercial Strip
Yes
Freestanding Bldg
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes
Lease/Purchase
Yes
Own/Build to Suit
Yes
Sale/Leaseback
Yes
SBA
Yes

Commercial Amenities

Ceiling Ht. Under 12
Yes

Utilities Installed

220
Yes
Natural Gas
Yes
Underground
Yes
Water - City
Yes
WWT - City Sewer
Yes

Internal Amenities

Bathroom
Yes
Kitchen
Yes

Parking

On-Site
Yes
Street Parking
Yes

Property Features

Bathrooms: ADA; Interior; Staff Building Type: C-Store; Food Service; Retail - Free Stand Business Location: Commercial Strip; Freestanding Bldg Commercial Amenities: Ceiling Ht. Under 12 Construction: Vanilla Shell Cooling: Evaporative Cooling; Gas Pack External Amenities: Handicap Access; Landscaped; Paved Parking Flooring: Carpet; Tile Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Kitchen Parking: On-Site; Street Parking Possession: At Recordation Records Available: Site Plan Road Responsibility: City Maintained Road; Paved Roof: Metal Utilities Installed: 220; Natural Gas; Underground; Water - City; WWT - City Sewer
Listing Office: Prescott Commercial Real Estate
Last Updated: September - 15 - 2023
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