Bought with Prescott Commercial Real Estate
$2,250,000
$2,250,000
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222 W Gurley ST Prescott, AZ 86301
0.29 Acres Lot
Key Details
Sold Price $2,250,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Subdivision Prescott
MLS Listing ID 1066875
Sold Date 12/19/24
Year Built 1979
Annual Tax Amount $17,942
Tax Year 2023
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Office
Source paar
Property Description
Fully leased investment opportunity within this totally renovated commercial building located in the heart of vibrant downtown Prescott, AZ. Prime location with high foot traffic and excellent visibility. Situated in the bustling downtown district of Prescott, this property benefits from a dynamic and diverse commercial environment. The building has undergone a comprehensive renovation in 2018, incorporating modern finishes and state-of-the-art amenities while preserving its unique character and charm. The upgrades include new HVAC systems, electrical wiring, plumbing, elevator and high-quality interior finishes. With its strong rental income and recent renovations, this property offers an attractive capitalization rate, reflecting its value and potential for continued growth.
Location
State AZ
County Yavapai
Zoning Downtown Business
Interior
Interior Features Elevator(s), Fire/Smoke Detector, Security/Alarm, Sprinklers
Heating Natural Gas
Cooling Central Air, See Remarks
Flooring Carpet, Concrete, Laminate, Tile
Exterior
Exterior Feature Handicap Access, Landscaped, Other, Paved Parking
Utilities Available Electricity On-Site, Natural Gas On-Site, Other, Water - City, WWT - City Sewer
Roof Type Welded Membrane
Total Parking Spaces 21
Building
Story 2
Structure Type Block/Brick,Wood Frame,Stucco
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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