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

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!

More Information MLS# 1009779

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

General Property Description

Aprx Acres: 0.86 Lot Size: 37461 Buildings: 1 Source of Measuremnt: Owner Stories: 1 Floor: 1 Parking Spaces: 30 Vac Rate %: 50 CAM $: 0 GRM: 0 CC & R Fees: 0 Property Use: Vacant/Owner Users Construction Status: Existing Space Available: Yes Total Liveable SqFt: 9000 Year Built: 1954 Total Bathrooms: 3

Tax Info

Taxes: 6142 Tax Year: 2017

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!

Office/Member Info

Listing Exclusions: No

Status Change Info

Sold Price/SqFt: 122 Financing: Owner Will Carry Under Contract Date: 2018-03-02 Sold Date: 2018-06-15 Sold Price: $1,100,000

Building Type

2-4 Units: 1 Retail - Free Stand: 1

Construction

Block/Brick: 1 Frame - Steel: 1 Frame - Wood: 1

Cooling

Central Air: 1

External Amenities

Handicap Access: 1

Flooring

Concrete: 1

Heating

Natural Gas: 1

Possession

At Recordation: 1

Records Available

Other - See Remarks: 1

Road Responsibility

City: 1 City Maintained Road: 1 Paved: 1

Roof

Rolled/Hot Mop: 1

Bathrooms

ADA: 1 Interior: 1 Separate M and W: 1 Staff: 1

Business Location

Freestanding Bldg: 1 Redevelopment Area: 1 Other - See Remarks: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1 Submit: 1

Commercial Amenities

Ceiling Ht. 16+: 1 Other - See Remarks: 1

Utilities Installed

Natural Gas: 1 Telephone: 1 Water - City: 1 WWT - City Sewer: 1

Internal Amenities

Bathroom: 1 Mezzanine: 1

Parking

On-Site: 1 Street Parking: 1

ContractAddressLegal

Original List Price: 1350000 Listing Date: 2018-02-19 Status: Closed 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

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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