420&370 Miller Valley Road/ Garden Street, Prescott, AZ 86301

$1,672,000

Property Type: Commercial/Indstrial Square Footage: 13,120 Lot Size (sq. ft.): 71,003 Status: Closed

Current Price: $1,672,000 List Date: 4/29/2021 Last Modified: 12/10/2024

Overview

Description

Major redevelopment opportunity or long term investment property in the heart of Prescott. Former Stanley Lumber Company (currently occupied by Prescott College) and the Sunglass Emporium building . Parcels include two building with IL zoning and two parking lot parcels zones MF-M. Both buildings will be vacant by 3rd Quarter 2021. Perfect redevelopment or end user site. Retail building is 1920 square feet with plenty of parking. Warehouse is 11,200 sq feet with lots of power and plumbing to accommodate an Industrial/storage/manufacturing user or locate your business here and lease the remaining space to other users. See attached floor plan for office configuration. Great visibility, ample parking and central location.

Listing Details MLS# 1038071

ContractAddressLegal

Original List Price: 2500000
Listing Price: 2250000
Street #: 420&370
Street Name: Miller Valley Road/ Garden
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86301
Subdivision: Murphys
County: Yavapai
Tax Parcel: 113-10-001-006

General Property Description

Aprx Acres: 1.63
Buildings: 2
Total Liveable SqFt: 13120
Source of Measuremnt: County Assessor
Stories: 2
Parking Spaces: 40
Year Built: 1971
Management: Owner
Vac Rate %: 100
Baths - Full: 2
Property Use: Vacant/Owner Users
Construction Status: Existing
CC & R Fees: 1921
CAM $: 0
GRM: No

Tax Info

Taxes: 13870
Tax Year: 2020

Status Change Info

Under Contract Date: 2021-08-10
Sold Date: 2021-09-16
Sold Price/SqFt: 127
Financing: Cash

Contract/Address/Legal

List Price/SqFt: 171
Neighborhood: N/A
Comm Type: Industrial
REO/Short Sale: Not Applicable
Zoning: IL/MF-H
Zoning Description: Industrial/Multi Fam
Legal: LOTS 1,2 , & 3 BLOCK 6 MURPHYS 5TH ADD AMD BOOK 2 PAGE 31, MURPHYS 5TH SUB AMENDED LOT 4, 5, & 6 BLK 6 PER PLAT 2/31, MUPHYS 5TH SUB AMENDED LOT 7 BLK 6 APPROX THE N2 PER PLAT 2/31, MURPHYS 5TH SUB AMENDED LOT 7 BLK 6 APPROX THE S2 PER PLAT 2/31, MURPHYS 5TH SUB AMENDED LOT 8 BLK 6 PER PLAT 2/31, MURPHYS 5TH SUB AMENDED LOT 9 BLK 6 PER PLAT 2/31

Remarks & Misc

Directions: Miller Valley Road or Grove to Garden to buildings between US Post Office and Garden Street.
Remarks: Major redevelopment opportunity or long term investment property in the heart of Prescott. Former Stanley Lumber Company (currently occupied by Prescott College) and the Sunglass Emporium building . Parcels include two building with IL zoning and two parking lot parcels zones MF-M. Both buildings will be vacant by 3rd Quarter 2021. Perfect redevelopment or end user site. Retail building is 1920 square feet with plenty of parking. Warehouse is 11,200 sq feet with lots of power and plumbing to accommodate an Industrial/storage/manufacturing user or locate your business here and lease the remaining space to other users. See attached floor plan for office configuration. Great visibility, ample parking and central location.

More Information

Building Type

2-4 Units: Yes
Indust - Flex Space: Yes
Indust - Warehouse: Yes
Indust-Manufacturing: Yes
Retail - Free Stand: Yes

Construction

Frame - Steel: Yes
Frame - Wood: Yes
Other - See Remarks: Yes

Cooling

Central Air: Yes
Gas Pack: Yes
Room A/C: Yes
Other: Yes
See Remarks: Yes

External Amenities

Fence: Yes
Handicap Access: Yes
Landscaped: Yes
Paved Parking: Yes
Storage Yard: Yes

Flooring

Carpet: Yes
Concrete: Yes
Other: Yes
See Remarks: Yes

Heating

Natural Gas: Yes
Zoned: Yes

Possession

At Recordation: Yes

Records Available

Other - See Remarks: Yes

Road Responsibility

City: Yes
City Maintained Road: Yes
Paved: Yes

Roof

Asphalt Shingle: Yes
Metal: Yes

Bathrooms

ADA: Yes
Interior: Yes
Staff: Yes

Business Location

Freestanding Bldg: Yes
Multiple Locations: Yes

Terms & Conditions

1031 Exchange: Yes
Conventional: Yes

Commercial Amenities

Ceiling Ht. 16+: Yes
Roll-Up Door(s): Yes
Other - See Remarks: Yes

Utilities Installed

220: Yes
Electricity: Yes
Natural Gas: Yes
Telephone: Yes
Underground: Yes
Water - City: Yes
WWT - City Sewer: Yes

Internal Amenities

Bathroom: Yes
Fire/Smoke Detector: Yes
Mezzanine: Yes

Parking

On-Site: Yes
Security: Yes
Trailer: Yes
Truck: Yes

Property Features

Bathrooms: ADA; Interior; Staff Building Type: 2-4 Units; Indust - Flex Space; Indust - Warehouse; Indust-Manufacturing; Retail - Free Stand Business Location: Freestanding Bldg; Multiple Locations Commercial Amenities: Roll-Up Door(s); Ceiling Ht. 16+; Other - See Remarks Construction: Frame - Steel; Frame - Wood; Other - See Remarks Cooling: Central Air; Gas Pack; Room A/C; Other; See Remarks External Amenities: Fence; Handicap Access; Landscaped; Paved Parking; Storage Yard Flooring: Carpet; Concrete; Other; See Remarks Heating: Natural Gas; Natural Gas; Zoned Internal Amenities: Bathroom; Fire/Smoke Detector; Mezzanine Parking: On-Site; Security; Trailer; Truck Possession: At Recordation Records Available: Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Asphalt Shingle; Metal Utilities Installed: 220; Electricity; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer

Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty

Last Updated: December - 10 - 2024

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