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$2,500,000
117 N Cortez St, Prescott, AZ 86301
0 Beds
3 Baths
10,000 SqFt

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Live and Work in the heart of Downtown Prescott. Excellent Owner/User and/or Investment Opportunity with upside in rents. Purchase this +/-10,000 sf high traffic retail/residential building in the heart of downtown Prescott. Offered at $2,500,000 and situated on .17 acres of prime downtown business (DTB) zoned land. This building offers great frontage, visibility, and signage on Cortez St. The retail portion of the building is +/- 7,500 sf and is currently occupied by a well-established antique mall called ''The Marketplace'' that has occupied this space since 2018. The current lease expires in December of 2022 which provide an excellent opportunity to renegotiate the lease or occupy this space for an owner user. Directly behind the retail space is a spacious ground level residence
  • Price:
  • $2,500,000
  • Square Footage:
  • 10,000
  • Acreage:
  • 0.16
  • Year Built:
  • 1963
  • Listing ID #:
  • 1050155
  • Street Address:
  • 117 N Cortez St
  • City:
  • Prescott
  • State:
  • Arizona
  • Postal Code:
  • 86301
  • County:
  • Yavapai
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
  • Construction Description:
  • Block/Brick, Stucco
  • Construction Status:
  • Existing
  • Dwelling Type:
  • 2-4 Units, Other - See Remarks, Retail - Free Stand
  • Flooring:
  • Carpet, Laminate
  • Interior Features:
  • Other - See Remarks
  • Number Of Units:
  • 2
  • Stories:
  • 1.0
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 10000
  • Type Of Roof:
  • Welded Membrane
  • Year Built:
  • 1963
  • Business Type:
  • Retai & Residential
  • Conforms To Zoning:
  • Dtb
  • Existing Land Use:
  • Investment Prop
  • Lot Size:
  • 7086
  • Zoning Description:
  • Downtown Business`
  • Price Per Square Foot:
  • 250.00
  • Property Taxes:
  • $5,047
  • Tax Year:
  • 2020
  • Bathroom Description:
  • Interior, Unisex
  • Parking Description:
  • On-Site
  • Parking Spaces:
  • 3
  • Cooling System:
  • Central Air, Evaporative
  • Heating:
  • Gas
  • Utilities:
  • Electricity, Natural Gas, Telephone, Water - City, Wwt - City Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Better Homes And Gardens Real Estate Bloomtree Realty

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