203 W Willis Street, Prescott, AZ 86301
$15
Property Type:
Commercial/Indstrial
Square Footage:
4,446
Lot Size (sq. ft.):
5,227
Status:
Closed
Current Price:
$15
List Date:
9/13/2016
Last Modified:
5/01/2018
Description
Newly renovated retail building scheduled for completion 4/2016. 100% leased with national and regional tenants, Sprint and Rosatti's Pizza. 5 and 7 year leases, great credit, stepped rental increases. Excellent investment, essentially a new building.
More Information MLS# 992112
Contract/Address/Legal
List Price/SqFt: 337
Comm Type: Retail
REO/Short Sale: Not Applicable
Zoning: DTB
Zoning Description: Downtown business di
Assessor's Book #: 113
Assessor's Map #: 15
Assessor's Parcel #: 73
Assessor Parcel Ltr: B
Legal: PRESCOTT - THE W 106' OF LOT 1 BLK 7 1725/949
General Property Description
Aprx Acres: 0.12
Lot Size: 5227
Buildings: 1
Source of Measuremnt: Builder Plans
Stories: 1
Parking Spaces: 6
Management: Mgmt Company
Vac Rate %: 0
CAM $: 3.52
GRM: 00
CC & R Fees: 4405
Total Liveable SqFt: 4446
Year Built: 1960
NOI $: 93735
Cap %: 6.25
Baths - Full: 2
Tax Info
Taxes: 3867
Tax Year: 16
Remarks & Misc
Directions: North on Montezuma, west on Willis
Remarks: Newly renovated retail building scheduled for completion 4/2016. 100% leased with national and regional tenants, Sprint and Rosatti's Pizza. 5 and 7 year leases, great credit, stepped rental increases. Excellent investment, essentially a new building.
Office/Member Info
Listing Exclusions: No
Status Change Info
Financing: Cash
Under Contract Date: 2016-11-20
Sold Date: 2016-11-22
Sold Price: $15
Building Type
2-4 Units: 1
Retail - Free Stand: 1
Construction
Architect Concept: 1
Block/Brick: 1
Cooling
Central Air: 1
External Amenities
Handicap Access: 1
Paved Parking: 1
Flooring
Concrete: 1
Heating
Electric: 1
Natural Gas: Natural Gas, Natural Gas
Natural Gas: 1
Possession
Other: 1
Records Available
Alta Survey: 1
Phase I: 1
Site Plan: 1
Road Responsibility
City: 1
Roof
Other - See Remarks: 1
Bathrooms
ADA: 1
Business Location
Freestanding Bldg: 1
Traffic Signal: 1
Terms & Conditions
Conventional: 1
Commercial Amenities
Ceiling Ht. Under 12: 1
Utilities Installed
Electricity: 1
Individual Meter: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Internal Amenities
Fire/Smoke Detector: 1
Sprinklers: 1
Parking
On-Site: 1
ContractAddressLegal
Original List Price: 1500000
Listing Date: 2016-01-15
Status: Closed
Listing Price: 1500000
Street #: 203
Direction: W
Street Name: Willis
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Tax Parcel: 113-15-073B
Property Features
Bathrooms: ADA
Building Type: 2-4 Units; Retail - Free Stand
Business Location: Freestanding Bldg; Traffic Signal
Commercial Amenities: Ceiling Ht. Under 12
Construction: Architect Concept; Block/Brick
Cooling: Central Air
External Amenities: Handicap Access; Paved Parking
Flooring: Concrete
Heating: Electric
Internal Amenities: Fire/Smoke Detector; Sprinklers
Parking: On-Site
Possession: Other
Records Available: Alta Survey; Phase I; Site Plan
Roof: Other - See Remarks
Utilities Installed: Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Documents
OFFERING MEMORANDUM ›
Listing Office:
Arizona Commercial
Last Updated: May - 01 - 2018
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.