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850 S State Route 89

Chino Valley, AZ 86323
  • $999,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: 1052786
UPDATED: 36 min ago
$999,000
  • 0
    BEDS
  • 0.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,000
    SQFT
  • $250
    $/SQFT
Type:
Commercial
Built:
1985
County:
Area:

School Ratings & Info

Description

Excellent investment opportunity in Chino Valley. One long-term tenant, Aroma Pizza, takes up 3,000 SF of the 4,000 SF available, with a lease through August 2025. The 1,000 SF suite has just been leased to a smoke shop/tattoo parlor that has been in business for several years and is likely to renew their initial one-year lease. The building generates a 6.1 cap rate, a nice fit for any portfolio. Seller will carry for a qualified buyer with $200,000 down. Please do not disturb tenants during business hours.

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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: 2023-01-30T09:58:00.473.
www.shellywatne.com/homes/135142685
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850 S State Route 89 Chino Valley, AZ 86323

  • Price: $999,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 36 min ago
  • ID#: 1052786
0
Beds
0
Baths
0
½ Baths
0.77
Acres
4,000
SQFT
$250
$/SQFT
1985
Built
County:
Yavapai
Area:
Chino Valley
Property Description
Excellent investment opportunity in Chino Valley. One long-term tenant, Aroma Pizza, takes up 3,000 SF of the 4,000 SF available, with a lease through August 2025. The 1,000 SF suite has just been leased to a smoke shop/tattoo parlor that has been in business for several years and is likely to renew their initial one-year lease. The building generates a 6.1 cap rate, a nice fit for any portfolio. Seller will carry for a qualified buyer with $200,000 down. Please do not disturb tenants during business hours.
Exterior Features

Construction Block/Brick External Amenities FenceHandicap AccessPaved Parking Lot Size 33541 Parking On-Site Roof Rolled/Hot MopTile

Interior Features

Bathrooms PublicSeparate M And WStaffUnisex Cooling Central AirRoom A/C Flooring Vinyl Heating ElectricNatural Gas Internal Amenities BathroomFire/Smoke DetectorKitchen

Property Features

Building Type 2-4 UnitsFood ServiceRetail - Free StandRetail - Shopping Center Buildings 1 Business Location Commercial StripFreestanding Bldg CAM 1500.00 Cap Percent 6.10 Comm Type Retail Commercial Amenities Ceiling Ht. 12-15Grade Level Construction Status Existing GRM 14 Gross Vol Yr 70020.00 Listing Exclusions No Management Owner NOI 60896.00 Property Use Investment Prop Records Available Other - See Remarks Reo Or Short Sale Not Applicable Road Access And Maintenance Maint-StatePavedState Source Of Measurement County Assessor Tax Year 2022 Taxes 4524.00 Utilities Installed 220Individual MeterNatural GasUndergroundWater - CityWwt - Septic Vacancy Rate Percent 0.00 Zoning Cl

Listing information © 2023 Prescott Area Association of Realtors, Inc.
Listing provided by Mark Duncan of Prescott Commercial Real Estate: (480) 309-1089.


© 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: 2023-01-30T09:58:00.473.
 
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