901 White Spar Road, Prescott, AZ 86303

$2,200,000
Property Type: Commercial/Indstrial Square Footage: 6,472 Lot Size (sq. ft.): 46,609 Status: Closed
Current Price: $2,200,000 List Date: 8/20/2021 Last Modified: 4/18/2022

Overview

Description

Award winning Prescott Pines Inn Bed & Breakfast. Most highly sought after B&B in Prescott, with an over the top return rate. First offered as a lodging experience in 1952. Located about a mile to the Courthouse Plaza and Whiskey Row. Fully licensed commercial kitchen with dining room seating for 18 guests. 5 buildings, 13 guest rooms including a lodge for large families on a mature Ponderosa pine lot adjacent to Granite Creek. Current ownership has dramatically increased room bookings and revenue (offering wedding and private function events). Romantic setting with a large flagstone patio, meditation garden, private patios to each room, and guest grill areas. Online reviews speak for themselves. Large Innkeepers quarters' (1000sf). Financials available after site visit with signed NDA.

Listing Details MLS# 1041474

ContractAddressLegal

Original List Price
2200000
Listing Price
2200000
Street #
901
Street Name
White Spar
St Suffix
Road
City/Township
Prescott
State
AZ
Zip Code
86303
Subdivision
Mile High Properties
County
Yavapai
Tax Parcel
107-14-085A

General Property Description

Aprx Acres
1.07
Buildings
6
Total Liveable SqFt
6472
Source of Measuremnt
County Assessor
Stories
Yes
Parking Spaces
21
Year Built
1928
Management
Owner
Vac Rate %
46.5
Gross Vol/Yr $
496032
NOI $
158578
Cap %
7.2
Baths - Full
13
GRM
N/a
Property Use
Business for Sale
Construction Status
Existing
Max Contgs/Bldg Sz
6000
Date Available
2021-08-21
CC & R
No

Tax Info

Taxes
4668
Tax Year
2020

Status Change Info

Under Contract Date
2021-12-08
Sold Date
2022-02-17
Sold Price/SqFt
340
Financing
Conventional

Heating

Natural Gas
Yes

More Information

Property Features

Bathrooms: Public; Staff; Unisex Building Type: 5+ Units; Motel/Hotel Business Location: Freestanding Bldg Commercial Amenities: Ceiling Ht. Under 12; Ceiling Ht. 16+ Construction: Frame - Wood Cooling: Ceiling Fan(s); Central Air; Evaporative Cooling; Room A/C External Amenities: Fence; Paved Parking Flooring: Carpet; Tile; Wood Heating: Electric Internal Amenities: Ceiling Fan(s); Fire/Smoke Detector Parking: On-Site Possession: At Recordation Records Available: Elect/HVAC Plan; Site Plan Road Responsibility: City Maintained Road; State Maintained Road Roof: Asphalt Shingle Utilities Installed: 220; Electricity; Fire Hydrant; Natural Gas; Water - City; WWT - City Sewer

Documents

Listing Office: My Home Group Real Estate
Last Updated: April - 18 - 2022
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.
Search powered by FBS Products