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325 W Gurley & 120 N Mccormick Street

Prescott, AZ 86301
  • $5,800,000
  • STATUS: Active
  • ON SITE: 73 Days
  • ID#: 1059358
UPDATED: 85 min ago
$5,800,000
  • 0
    BEDS
  • 0.47
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 23,106
    SQFT
  • $251
    $/SQFT
Type:
Commercial
Built:
2005
County:
Area:

School Ratings & Info

Description

Fully Leased Class A property in Downtown Prescott. Superior construction quality with 8'' concrete tilt up exterior walls and high end windows. The building has two floors of professional Tenants and two elevators separating commercial and residential uses. Convenient street level parking plus an additional .36 acres on North McCormick for overflow parking. The Building is in excellent condition with new roof overlay in 2020, repaint of parking garage and railing and updated HVAC system in 2020. HVAC can be managed and monitored online for convenient operation and troubleshooting.The upper level consists of 4 townhomes that are individually owned but share in the common area expenses. Consistent cash flow with a great Tenant mix and easy management structure.

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© 2023 Prescott Area Association of Realtors, Inc. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shelly Watne Group. Data last updated: 2023-12-05T18:50:39.74.
www.shellywatne.com/homes/143649660
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325 W Gurley & 120 N Mccormick Street Prescott, AZ 86301

  • Price: $5,800,000
  • Status: Active
  • On Site: 73 Days
  • Updated: 85 min ago
  • ID#: 1059358
0
Beds
9
Baths
0
½ Baths
0.47
Acres
23,106
SQFT
$251
$/SQFT
2005
Built
County:
Yavapai
Area:
Prescott
Property Description
Fully Leased Class A property in Downtown Prescott. Superior construction quality with 8'' concrete tilt up exterior walls and high end windows. The building has two floors of professional Tenants and two elevators separating commercial and residential uses. Convenient street level parking plus an additional .36 acres on North McCormick for overflow parking. The Building is in excellent condition with new roof overlay in 2020, repaint of parking garage and railing and updated HVAC system in 2020. HVAC can be managed and monitored online for convenient operation and troubleshooting.The upper level consists of 4 townhomes that are individually owned but share in the common area expenses. Consistent cash flow with a great Tenant mix and easy management structure.
Exterior Features

Construction Materials Other Exterior Features Handicap AccessLandscapedOtherPaved ParkingSecurity Light Parking Features On-SiteOtherStreet Parking Parking Total 61 Roof Other

Interior Features

Cooling Central Air Flooring CarpetLaminateTile Heating Natural GasZoned Interior Features BathroomElevator(s)Fire/Smoke DetectorOtherSprinklers

Property Features

Additional Parcels YN Yes Building Type 5+ UnitsOffice - Building Common Area Maintenance 0.00 Construction Status Existing Current Use Investment Exclusions No Home Warranty YN No Pets Animals None Property Sub Type Office Reo Short Sale Not Applicable Tax Annual Amount 27214 Tax Year 2023 Terms Conditions 1031 ExchangeCashConventional Utilities Electricity On-SiteNatural Gas On-SiteUnderground UtilitiesWater - CityWWT - City Sewer Zoning DTB

Listing information © 2023 Prescott Area Association of Realtors, Inc.
Listing provided by Denise Raney of Better Homes And Gardens Real Estate Bloomtree Realty: (928) 443-8800.


© 2023 Prescott Area Association of Realtors, Inc. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shelly Watne Group. Data last updated: 2023-12-05T18:50:39.74.
 
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