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

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

General Property Description

Lot Size: 22651 Aprx Acres: 0.52 Buildings: 1 Total Liveable SqFt: 11270 Source of Measuremnt: County Assessor Stories: 1 Floor: 1 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: $2,600,000 Sold Price/SqFt: 231 Financing: Exchange

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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