901 White Spar Road, Prescott, AZ 86303

$1,210,000
Property Type: Commercial/Indstrial Square Footage: 6,000 Lot Size (sq. ft.): 48,352 Status: Closed
Current Price: $1,210,000 List Date: 4/19/2017 Last Modified: 6/05/2023

Overview

Description

Prescott Pines Inn Bed & Breakfast offers the quintessential Prescott experience, blending the natural beauty of the cedars and pines with the convenience offered by its proximity to the Courthouse Plaza and Whiskey Row. This Award Winning Bed & Breakfast has a fully licensed commercial kitchen with seating for 16 guests. The 12 inviting guest rooms with separate entrances are located in four cottage-like buildings connected by winding paths.

Listing Details MLS# 994007

ContractAddressLegal

Original List Price
1395000
Listing Price
1395000
Street #
901
Street Name
White Spar
St Suffix
Road
City/Township
Prescott
State
AZ
Zip Code
86303
County
Yavapai
Tax Parcel
107-14-071 & 107-14-085A

General Property Description

Aprx Acres
1.11
Buildings
5
Total Liveable SqFt
6000
Source of Measuremnt
County Assessor
Parking Spaces
21
Year Built
1928
Management
Owner
Gross Vol/Yr $
283229.61
NOI $
128986.88
Cap %
9.2
CAM $
40775.7
Baths - Full
12
Property Use
Business for Sale
Construction Status
Existing
Max Contgs/Bldg Sz
6000
CC & R
No
CC & R Fees
1575
Vac Rate %
0
GRM
No

Tax Info

Taxes
2925
Tax Year
2013

Status Change Info

Under Contract Date
2017-04-03
Sold Date
2017-06-07
Sold Price/SqFt
202
Financing
Conventional

Heating

Natural Gas
Yes
Electric
Yes

Contract/Address/Legal

List Price/SqFt
233
Comm Type
Hotel/Motel
REO/Short Sale
Not Applicable
Zoning
BG
Business Name
Prescott Pines Inn B&B
Zoning Description
Business General
Business Type
Bed & Breakfast Inn
Assessor's Book #
107
Assessor's Map #
14
Assessor's Parcel #
71
Legal
A portion of the Outlot in Block 1, MILE HIGH PROPERTIES NO.3, according to the plat of record in Book 4 of Maps, page 69, records of Yavapai County, Arizona, described as follows: Beginning at the most Northeasterly corner of Lot 10, Block 1 of said subdivision; Thence Southerly along the Easterly line of said Lot, 50.00 feet to the most Southeasterly corner thereof; Thence Southeasterly parallel with the line between Lots 10 and 11, 117.73 feet to a point on the Easterly line of said Outlot; Thence Northeasterly along said line, 56.94 feet to the Northeasterly corner of said Outlot; Thence Northwesterly along the Northerly line of said Outlot to the POINT OF BEGINNING.

More Information

Remarks & Misc

Directions
From the Plaza, go South on Montezuma through White Spar curve to 901 White Spar on left side of street.
Remarks
Prescott Pines Inn Bed & Breakfast offers the quintessential Prescott experience, blending the natural beauty of the cedars and pines with the convenience offered by its proximity to the Courthouse Plaza and Whiskey Row. This Award Winning Bed & Breakfast has a fully licensed commercial kitchen with seating for 16 guests. The 12 inviting guest rooms with separate entrances are located in four cottage-like buildings connected by winding paths.

Building Type

5+ Units
Yes
Motel/Hotel
Yes

Construction

Frame - Wood
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Evaporative Cooling
Yes
Room A/C
Yes

External Amenities

Fence
Yes
Paved Parking
Yes

Flooring

Carpet
Yes
Tile
Yes
Wood
Yes

Possession

At Recordation
Yes

Records Available

Elect/HVAC Plan
Yes
Site Plan
Yes

Road Responsibility

City
Yes
City Maintained Road
Yes
State Maintained Road
Yes

Roof

Asphalt Shingle
Yes

Bathrooms

Public
Yes
Staff
Yes
Unisex
Yes

Business Location

Freestanding Bldg
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes
SBA
Yes

Commercial Amenities

Ceiling Ht. 16+
Yes
Ceiling Ht. Under 12
Yes

Utilities Installed

220
Yes
Electricity
Yes
Fire Hydrant
Yes
Natural Gas
Yes
Water - City
Yes
WWT - City Sewer
Yes

Internal Amenities

Ceiling Fan(s)
Yes
Fire/Smoke Detector
Yes

Parking

On-Site
Yes

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
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: June - 05 - 2023
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