540 6th Street, Prescott, AZ 86301

$1,050,000
Property Type: Commercial/Indstrial Square Footage: 11,875 Lot Size (sq. ft.): 29,185 Status: Closed
Current Price: $1,050,000 List Date: 9/26/2019 Last Modified: 12/11/2019

Overview

Description

Rarely available multi tenants industrial/commercial building close to downtown.Two buildings with overhead doors paved parking Seller has a waiting list of renters.Cap rate at 8.5%

Listing Details MLS# 1024851

ContractAddressLegal

Original List Price
1100000
Listing Price
1100000
Street #
540
Street Name
6th
St Suffix
Street
City/Township
Prescott
State
AZ
Zip Code
86301
County
Yavapai
Tax Parcel
113-04-044

General Property Description

Aprx Acres
0.67
Buildings
2
Total Liveable SqFt
11875
Source of Measuremnt
County Assessor
Stories
Yes
Parking Spaces
36
Year Built
1994
Cap %
8.5
Baths - Full
10
Property Use
Investment Prop
Construction Status
Existing
Space Available
No
CC & R Fees
11876
Vac Rate %
0
CAM $
0
GRM
No

Tax Info

Taxes
10468
Tax Year
2018

Status Change Info

Under Contract Date
2019-10-01
Sold Date
2019-12-11
Sold Price/SqFt
88
Financing
Conventional

Heating

Natural Gas
Yes
Electric
Yes

Contract/Address/Legal

List Price/SqFt
93
Comm Type
Industrial
REO/Short Sale
Not Applicable
Zoning
IL
Zoning Description
IL
Assessor's Book #
113
Assessor's Map #
4
Assessor's Parcel #
44
Legal
DAMERON PARK ADD LOT 100X170' BEG 150' FROM SE COR OF BLK22 ON TH E S LINE AP4; PCL OF LAND BY M&B APPROX 100X150' IN SE COR OF BL K 22 AP5 LESS R/W TO CITY FOR 6TH ST 431/5

More Information

Remarks & Misc

Directions
Sheldon North on Pleasant, West on Moelier to 6Th Street to property on left
Remarks
Rarely available multi tenants industrial/commercial building close to downtown.Two buildings with overhead doors paved parking Seller has a waiting list of renters.Cap rate at 8.5%

Building Type

5+ Units
Yes
Indust - Bus Prk
Yes
Indust - Dist Wrhse
Yes
Indust - Flex Space
Yes
Indust - Showroom
Yes
Indust - Warehouse
Yes
Office - Warehouse
Yes

Construction

Frame - Steel
Yes

Cooling

Central Air
Yes
Evaporative Cooling
Yes
Room A/C
Yes

External Amenities

Landscaped
Yes
Paved Parking
Yes
Security Lights
Yes

Flooring

Carpet
Yes
Concrete
Yes
Laminate
Yes

Possession

Subject to Tenant
Yes

Records Available

Other - See Remarks
Yes

Road Responsibility

City
Yes
City Maintained Road
Yes

Roof

Metal
Yes

Bathrooms

ADA
Yes

Business Location

Commercial Strip
Yes
Freestanding Bldg
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes

Commercial Amenities

Ceiling Ht. 12-15
Yes
Overhead Door(s)
Yes

Utilities Installed

220
Yes
3 Phase
Yes
Electricity
Yes
Natural Gas
Yes
Water - City
Yes
WWT - City Sewer
Yes

Internal Amenities

Bathroom
Yes
Fire/Smoke Detector
Yes

Parking

On-Site
Yes

Property Features

Bathrooms: ADA Building Type: 5+ Units; Indust - Bus Prk; Indust - Dist Wrhse; Indust - Flex Space; Indust - Showroom; Indust - Warehouse; Office - Warehouse Business Location: Commercial Strip; Freestanding Bldg Commercial Amenities: Ceiling Ht. 12-15; Overhead Door(s) Construction: Frame - Steel Cooling: Central Air; Evaporative Cooling; Room A/C External Amenities: Landscaped; Paved Parking; Security Lights Flooring: Carpet; Concrete; Laminate Heating: Electric Internal Amenities: Bathroom; Fire/Smoke Detector Parking: On-Site Possession: Subject to Tenant Records Available: Other - See Remarks Road Responsibility: City Maintained Road Roof: Metal Utilities Installed: 220; 3 Phase; Electricity; Natural Gas; Water - City; WWT - City Sewer
Listing Office: Flex Realty
Last Updated: December - 11 - 2019
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