218 N Granite Street, Prescott, AZ 86301

$1,100,000
Property Type: Commercial/Indstrial Baths: 3 Square Footage: 9,000 Lot Size (sq. ft.): 37,462 Status: Closed
Current Price: $1,100,000 List Date: 2/20/2018 Last Modified: 6/16/2018

Overview

Description

Unique development opportunity in the Downtown Business zoning district. Block construction within walking distance to the Courthouse Square. First time on market in many years with opportunity to run your retail business, redevelop or buy as investment property and lease out both sides for rental income. Building totals 9000 +/- square feet and is currently split into two units, one 4000+/- sq ft (Unit A) currently retail owner occupied, the remaining 5000 +/- sq ft was formerly Prescott College Dance studios. Both units have high ceilings, newer HVAC, plenty of storage and ADA access. Unit B has ADA compliant bathrooms and kitchenette. Concrete floors in both units. Hard to find on site parking!

Listing Details MLS# 1009779

ContractAddressLegal

Original List Price
1350000
Listing Price
1350000
Street #
218
Direction
N
Street Name
Granite
St Suffix
Street
City/Township
Prescott
State
AZ
Zip Code
86301
County
Yavapai
Tax Parcel
113-15-012B & 006

General Property Description

Aprx Acres
0.86
Buildings
Yes
Total Liveable SqFt
9000
Source of Measuremnt
Owner
Stories
Yes
Floor
Yes
Parking Spaces
30
Year Built
1954
Vac Rate %
50
Property Use
Vacant/Owner Users
Construction Status
Existing
Space Available
Yes
Total Bathrooms
3
CAM $
0
GRM
No
CC & R Fees
0

Tax Info

Taxes
6142
Tax Year
2017

Status Change Info

Under Contract Date
2018-03-02
Sold Date
2018-06-15
Sold Price/SqFt
122
Financing
Owner Will Carry

Contract/Address/Legal

List Price/SqFt
150
Comm Type
Retail
REO/Short Sale
Not Applicable
Zoning
DTB
Zoning Description
Downtown Business
Assessor's Book #
113
Assessor's Map #
15
Assessor's Parcel #
12
Legal
PRESCOTT S2 LOT 11 BLK A & LOT 13 & 15 BLK A 1764/771 & PRESCOTT LOTS 7 9 N2 LOT 11 BLK A AP3

Remarks & Misc

Directions
From downtown, take Sheldon north to Willis, turn left to first right on Granite to second building on left.
Remarks
Unique development opportunity in the Downtown Business zoning district. Block construction within walking distance to the Courthouse Square. First time on market in many years with opportunity to run your retail business, redevelop or buy as investment property and lease out both sides for rental income. Building totals 9000 +/- square feet and is currently split into two units, one 4000+/- sq ft (Unit A) currently retail owner occupied, the remaining 5000 +/- sq ft was formerly Prescott College Dance studios. Both units have high ceilings, newer HVAC, plenty of storage and ADA access. Unit B has ADA compliant bathrooms and kitchenette. Concrete floors in both units. Hard to find on site parking!

More Information

Office/Member Info

Listing Exclusions
No

Building Type

2-4 Units
Yes
Retail - Free Stand
Yes

Construction

Block/Brick
Yes
Frame - Steel
Yes
Frame - Wood
Yes

Cooling

Central Air
Yes

External Amenities

Handicap Access
Yes

Flooring

Concrete
Yes

Heating

Natural Gas
Yes

Possession

At Recordation
Yes

Records Available

Other - See Remarks
Yes

Road Responsibility

City
Yes
City Maintained Road
Yes
Paved
Yes

Roof

Rolled/Hot Mop
Yes

Bathrooms

ADA
Yes
Interior
Yes
Separate M and W
Yes
Staff
Yes

Business Location

Freestanding Bldg
Yes
Redevelopment Area
Yes
Other - See Remarks
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes
Submit
Yes

Commercial Amenities

Ceiling Ht. 16+
Yes
Other - See Remarks
Yes

Utilities Installed

Natural Gas
Yes
Telephone
Yes
Water - City
Yes
WWT - City Sewer
Yes

Internal Amenities

Bathroom
Yes
Mezzanine
Yes

Parking

On-Site
Yes
Street Parking
Yes

Property Features

Bathrooms: ADA; Interior; Separate M and W; Staff Building Type: 2-4 Units; Retail - Free Stand Business Location: Freestanding Bldg; Redevelopment Area; Other - See Remarks Commercial Amenities: Ceiling Ht. 16+; Other - See Remarks Construction: Block/Brick; Frame - Steel; Frame - Wood Cooling: Central Air External Amenities: Handicap Access Flooring: Concrete Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Mezzanine Parking: On-Site; Street Parking Possession: At Recordation Records Available: Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Rolled/Hot Mop Utilities Installed: Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: June - 16 - 2018
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