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625 Miller Valley Road

Prescott, AZ 86301
  • $600,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: 1063589
$600,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,430
    SQFT
  • $175
    $/SQFT
Type:
Commercial
Built:
1959
County:
Area:

School Ratings & Info

Description

This free-standing commercial store-front retail building is being offered for sale at $600,000 or $175/sf with a going-in CAP of 6.6%. This property is ideally suited as either an investment opportunity or for an owner user. Currently occupied by Able Saw who has successfully operated since 1976. The tenant's lease expires in January of 2026 and is currently paying $3,500/mo plus property taxes. A Buyer will have the option to renegotiate the current tenant's lease or occupy the building for their own use upon the lease expiration. The building enjoys excellent, high traffic visibility and signage along Miller Valley Road in addition to rear access into a large fence yard area via Division St. The building is +/- 3,430 sf and was originally built in 1953 and has had several renovation

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© 2024 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: 2024-05-26T22:50:46.733.
www.shellywatne.com/homes/149608060
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625 Miller Valley Road Prescott, AZ 86301

  • Price: $600,000
  • Status: Active
  • On Site: 36 Days
  • ID#: 1063589
0
Beds
0
Baths
0
½ Baths
0.28
Acres
3,430
SQFT
$175
$/SQFT
1959
Built
County:
Yavapai
Area:
Prescott
Property Description
This free-standing commercial store-front retail building is being offered for sale at $600,000 or $175/sf with a going-in CAP of 6.6%. This property is ideally suited as either an investment opportunity or for an owner user. Currently occupied by Able Saw who has successfully operated since 1976. The tenant's lease expires in January of 2026 and is currently paying $3,500/mo plus property taxes. A Buyer will have the option to renegotiate the current tenant's lease or occupy the building for their own use upon the lease expiration. The building enjoys excellent, high traffic visibility and signage along Miller Valley Road in addition to rear access into a large fence yard area via Division St. The building is +/- 3,430 sf and was originally built in 1953 and has had several renovation
Exterior Features

Construction Materials Steel Frame Exterior Features FenceHandicap AccessPaved ParkingStorage Yard Parking Features On-SiteStorageTrailerTruck Parking Parking Total 14 Roof Other

Interior Features

Cooling Gas Pack Flooring Other Heating Other Interior Features BathroomMezzanine

Property Features

Additional Parcels YN No Building Type Indust - Flex SpaceIndust - WarehouseRetail - Free Stand Common Area Maintenance 0.00 Home Warranty YN No Property Sub Type Retail Reo Short Sale Not Applicable Tax Annual Amount 2873 Tax Year 2023 Terms Conditions CashConventionalSubmit Utilities ThreePhaseElectricity On-SiteMaster MetersNatural Gas On-SiteSecurity SystemTelephone On-SiteUnderground UtilitiesWater - CityWWT - City Sewer Zoning BG

Listing information © 2024 Prescott Area Association of Realtors, Inc.
Listing provided by Raymond G. Zogob of Better Homes And Gardens Real Estate Bloomtree Realty: (928) 443-8800.


© 2024 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: 2024-05-26T22:50:46.733.
 
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