205 N Marina Street, Prescott, AZ 86301

$2,600,000

Property Type: Commercial/Indstrial Square Footage: 11,270 Lot Size (sq. ft.): 22,651 Status: Closed

Current Price: $2,600,000 List Date: 5/19/2018 Last Modified: 6/27/2018

Overview

Description

This building is occupied by the Social Security Office and will be for the next 12 years. There is also a 1540 sq. ft. portion of the building that has just started a 5 year Lease. In addition to the Lease payment there is also a payment for the reimbursement of the TI's that will go on for about 10 years. These TI's were just completed in 2017. Lease does include increases.

Listing Details MLS# 1007210

ContractAddressLegal

Original List Price: 4370000
Listing Price: 2600000
Street #: 205
Direction: N
Street Name: Marina
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Tax Parcel: 113-16-030

General Property Description

Aprx Acres: 0.52
Buildings: Yes
Total Liveable SqFt: 11270
Source of Measuremnt: County Assessor
Stories: Yes
Floor: Yes
Parking Spaces: 22
Year Built: 1987
Management: Mgmt Company
Baths - Full: 2
Property Use: Investment Prop
Construction Status: Existing

Tax Info

Taxes: 15086
Tax Year: 2016

Status Change Info

Under Contract Date: 2018-05-18
Sold Date: 2018-06-26
Sold Price/SqFt: 231
Financing: Exchange

More Information

Property Features

Bathrooms: ADA; Public; Separate M and W Building Type: 2-4 Units; Office - Building Business Location: Corner Location Commercial Amenities: Ceiling Ht. Under 12 Construction: Frame - Wood; Stucco Cooling: Central Air External Amenities: Landscaped; Paved Parking Flooring: Carpet; Concrete; Tile Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Sprinklers Parking: On-Site; Street Parking Possession: Subject to Tenant Records Available: Site Plan Road Responsibility: City Maintained Road Roof: Welded Membrane Utilities Installed: Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer

Listing Office: Goliath Commercial Real Estate

Last Updated: June - 27 - 2018

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