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
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.
More Information MLS# 1007210
Contract/Address/Legal
List Price/SqFt: 231
Comm Type: Office
REO/Short Sale: Not Applicable
Zoning: BG
Assessor's Book #: 113
Assessor's Map #: 16
Assessor's Parcel #: 30
Legal: PRESCOTT LOTS 16 18 20 BLK 4
General Property Description
Aprx Acres: 0.52
Lot Size: 22651
Buildings: 1
Source of Measuremnt: County Assessor
Stories: 1
Floor: 1
Parking Spaces: 22
Management: Mgmt Company
Vac Rate %: 0
CAM $: 0
GRM: 0
Traffic Count Per Day: 0
Property Use: Investment Prop
Construction Status: Existing
Total Liveable SqFt: 11270
Year Built: 1987
Baths - Full: 2
Tax Info
Taxes: 15086
Tax Year: 2016
Remarks & Misc
Directions: From E Gurley go north one block on N Marina to E Willis. From Sheldon go south one block on N Marina.
Remarks: 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.
Office/Member Info
Listing Exclusions: No
Status Change Info
Sold Price/SqFt: 231
Financing: Exchange
Under Contract Date: 2018-05-18
Sold Date: 2018-06-26
Sold Price: $2,600,000
Building Type
2-4 Units: 1
Office - Building: 1
Construction
Frame - Wood: 1
Stucco: 1
Cooling
Central Air: 1
External Amenities
Landscaped: 1
Paved Parking: 1
Flooring
Carpet: 1
Concrete: 1
Tile: 1
Heating
Natural Gas: 1
Possession
Subject to Tenant: 1
Records Available
Site Plan: 1
Road Responsibility
City: 1
City Maintained Road: 1
Roof
Welded Membrane: 1
Bathrooms
ADA: 1
Public: 1
Separate M and W: 1
Business Location
Corner Location: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
Commercial Amenities
Ceiling Ht. Under 12: 1
Utilities Installed
Electricity: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Internal Amenities
Bathroom: 1
Sprinklers: 1
Parking
On-Site: 1
Street Parking: 1
ContractAddressLegal
Original List Price: 4370000
Listing Date: 2017-10-09
Status: Closed
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
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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