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

Overview

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.

Listing Details MLS# 1054104

ContractAddressLegal

Original List Price: 1215000
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

General Property Description

Aprx Acres: 3.5
Buildings: Yes
Total Liveable SqFt: 20385
Source of Measuremnt: County Assessor
Stories: 3
Parking Spaces: 92
Year Built: 1923
Vac Rate %: 100
Baths - Full: Yes
Property Use: Investment Prop
Construction Status: Existing
Space Available: Yes
Date Available: 2023-02-17
Total Bathrooms: 14
Volts: 240
Amps: 1600
CAM $: 0
GRM: No

Tax Info

Tax Year: 2022
Taxes: 0

Status Change Info

Under Contract Date: 2023-04-06
Sold Date: 2023-07-19
Sold Price/SqFt: 67
Financing: Cash

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 #: Yes
Assessor Parcel Ltr: D
Legal: LOTS 1, 3, 5, 7, 9 & 11 BLOCK 39 PRESCOTT BOOK 4 PAGE 22

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...

More Information

Office/Member Info

Listing Exclusions: No

Building Type

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

Construction

Block/Brick: Yes

Cooling

Central Air: Yes
Evaporative Cooling: Yes

External Amenities

Handicap Access: Yes
Paved Parking: Yes

Flooring

Carpet: Yes
Laminate: Yes
Wood: Yes

Heating

Electric: Yes
Natural Gas: Yes

Possession

At Recordation: Yes

Records Available

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

Road Responsibility

City: Yes
City Maintained Road: Yes
Paved: Yes

Roof

Asphalt Shingle: Yes

Bathrooms

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

Business Location

Corner Location: Yes
Freestanding Bldg: Yes
Redevelopment Area: Yes

Terms & Conditions

1031 Exchange: Yes
Conventional: Yes

Commercial Amenities

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

Utilities Installed

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

Internal Amenities

Bathroom: Yes
Fire/Smoke Detector: Yes

Parking

On-Site: Yes
Trailer: Yes
Truck: Yes

Pets/Animals

None: Yes

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

Documents

Lead Based Paint Disclosure ›

Invitation for Bids ›

Listing Office: Prescott Commercial Real Estate

Last Updated: July - 19 - 2023

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.