500 S Marina Street, Prescott, AZ 86303

$1,361,001
Property Type: Commercial/Indstrial Baths: 14 Square Footage: 20,385 Lot Size (sq. ft.): 152,460 Status: Closed
Current Price: $1,361,001 List Date: 4/10/2023 Last Modified: 7/19/2023

Description

An exciting and rare opportunity to acquire 3.5 acres within a half mile of the county courthouse. This 8-parcel package was originally built as Jefferson Elementary School in 1923, which closed in 1938. It was then remodeled in 1943 as the Prescott Community Hospital, became Yavapai County offices in 1964 when Yavapai Regional Medical Center opened. Several remodels were done in various areas of the building, including Planning and Development Services in 1988 and again in 2001, then Environmental Services, Flood Control, and the Public Fiduciary offices in 2004. Yavapai County District 2 Supervisor's office from 1997-2004 and most recently the 20,385 sq. ft. building was used as Yavapai County offices up to October 2012. MORE...

Supplements: There is so much potential with an extensive remodel, or to scrape and redevelop the site. Listed for only $7.97 PSF on the vacant land. Bids must be received by Thursday April 6th, 2023 at 1:30pm MST. For additional details on the call for bids please see https://yavapaiaz.gov/bids.

More Information MLS# 1054104

Contract/Address/Legal

List Price/SqFt: 60 Comm Type: Special Purpose REO/Short Sale: Not Applicable Zoning: MF-H Zoning Description: Multi Family Assessor's Book #: 109 Assessor's Map #: 13 Assessor's Parcel #: 1 Assessor Parcel Ltr: D Legal: LOTS 1, 3, 5, 7, 9 & 11 BLOCK 39 PRESCOTT BOOK 4 PAGE 22

General Property Description

Aprx Acres: 3.5 Lot Size: 152460 Buildings: 1 Source of Measuremnt: County Assessor Stories: 3 Parking Spaces: 92 Vac Rate %: 100 CAM $: 0 GRM: 0 Property Use: Investment Prop Construction Status: Existing Space Available: Yes Date Available: 2023-02-17 Amps: 1600 Volts: 240 Total Liveable SqFt: 20385 Year Built: 1923 Baths - Full: 1 Total Bathrooms: 14

Tax Info

Taxes: 0 Tax Year: 2022

Remarks & Misc

Directions: South on Montezuma to East on Leroux. Property is on the corner of S. Marina and Leroux. Remarks: An exciting and rare opportunity to acquire 3.5 acres within a half mile of the county courthouse. This 8-parcel package was originally built as Jefferson Elementary School in 1923, which closed in 1938. It was then remodeled in 1943 as the Prescott Community Hospital, became Yavapai County offices in 1964 when Yavapai Regional Medical Center opened. Several remodels were done in various areas of the building, including Planning and Development Services in 1988 and again in 2001, then Environmental Services, Flood Control, and the Public Fiduciary offices in 2004. Yavapai County District 2 Supervisor's office from 1997-2004 and most recently the 20,385 sq. ft. building was used as Yavapai County offices up to October 2012. MORE...

Office/Member Info

Listing Exclusions: No

Status Change Info

Sold Price/SqFt: 67 Financing: Cash Under Contract Date: 2023-04-06 Sold Date: 2023-07-19 Sold Price: $1,361,001

Building Type

Medical/Dental: 1 Motel/Hotel: 1 Office - Building: 1 Religious Facility: 1 Other - See Remarks: 1

Construction

Block/Brick: 1

Cooling

Central Air: 1 Evaporative Cooling: 1

External Amenities

Handicap Access: 1 Paved Parking: 1

Flooring

Carpet: 1 Laminate: 1 Wood: 1

Heating

Electric: 1 Natural Gas: 1

Possession

At Recordation: 1

Records Available

Phase I: 1 Site Plan: 1 Other - See Remarks: 1

Road Responsibility

City: 1 City Maintained Road: 1 Paved: 1

Roof

Asphalt Shingle: 1

Bathrooms

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

Business Location

Corner Location: 1 Freestanding Bldg: 1 Redevelopment Area: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1

Commercial Amenities

Ceiling Ht. 12-15: 1 Ceiling Ht. Under 12: 1

Utilities Installed

3 Phase: 1 Electricity: 1 Individual Meter: 1 Natural Gas: 1 Telephone: 1 Water - City: 1 WWT - City Sewer: 1

Internal Amenities

Bathroom: 1 Fire/Smoke Detector: 1

Parking

On-Site: 1 Trailer: 1 Truck: 1

Pets/Animals

None: 1

ContractAddressLegal

Original List Price: 1215000 Listing Date: 2023-02-17 Status: Closed Listing Price: 1215000 Street #: 500 Direction: S Street Name: Marina St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86303 County: Yavapai Tax Parcel: 109-13-001D

Property Features

Bathrooms: Interior; Separate M and W; Staff; Unisex Building Type: Medical/Dental; Motel/Hotel; Office - Building; Religious Facility; Other - See Remarks Business Location: Corner Location; Freestanding Bldg; Redevelopment Area Commercial Amenities: Ceiling Ht. Under 12; Ceiling Ht. 12-15 Construction: Block/Brick Cooling: Central Air; Evaporative Cooling External Amenities: Handicap Access; Paved Parking Flooring: Carpet; Laminate; Wood Heating: Electric; Natural Gas; Natural Gas Internal Amenities: Bathroom; Fire/Smoke Detector Parking: On-Site; Trailer; Truck Possession: At Recordation Records Available: Phase I; Site Plan; Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Asphalt Shingle Utilities Installed: 3 Phase; Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Prescott Commercial Real Estate
Last Updated: July - 19 - 2023
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