1301 E Gurley Street, Prescott, AZ 86301

$490,000
Property Type: Multi-Family Square Footage: 3,029 Lot Size (sq. ft.): 6,970 Status: Closed
Current Price: $490,000 List Date: 9/22/2021 Last Modified: 6/26/2023

Description

Location and visibility! Motivated Seller and possible lease option. Zoned BG, this cute red building with its private 10 parking spaces and outdoor fenced patio is on a corner lot and faces the busiest street in town (23,000 + daily traffic count). It has 2 units, each with bathroom and offices. Lots of natural light for this building and tons of exposure as it is one of the first commercial buildings you see when you come into town. It is zoned Business General so the opportunities are endless. Extensive renovations since last purchase including new floors, new double pane commercial windows, new doors, 2 new 3 ton HVAC units and new paint interior and exterior. Excellent investment opportunity!

Supplements: Both have a nice open area, one is carpeted and the other one has carpet and vinyl floors. One side has a partial commercial kitchen.

More Information MLS# 1036317

Contract/Address/Legal

Original List Price: 650000 Listing Date: 2021-02-24 Status: Closed Listing Price: 549000 List Price/SqFt: 181 Rent/Lease: No Street #: 1301 Direction: E Street Name: Gurley St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86301 County: Yavapai Zoning: BG REO/Short Sale: Not Applicable Tax Parcel: 114-06-087D Assessor's Book #: 114 Assessor's Map #: 6 Assessor's Parcel #: 87 Assessor Parcel Ltr: D Legal: TRITLE TRACT LOTS 1 3 4 5 OF BLK D & LOT 3 OF BLK E & OUTLOT A OF GREEN MANOR HEIGHTS REPLAT PARCEL 3 CONT .16AC M&P 43/40-41

General Property Description

Lot #: 1 Aprx Acres: 0.16 Total Liveable SqFt: 3029 Source of Measuremnt: County Assessor Year Built: 1975 Management: Owner Baths - Full: 2

Tax Info

Taxes: 3746 Tax Year: 2020

Remarks & Misc

Directions: Coming from Downtown Prescott and going towards 69 the building is on the right end side, after Enterprise. Coming from Prescott Valley or Chino the building is on the left end side right where the interchange of 69 and 89 turn into Gurley Street.

Office/Member Info

Compensation: 2.5 Compensation Type: %

Status Change Info

Under Contract Date: 2021-10-28 Sold Date: 2021-12-27 Sold Price: $490,000 Sold Price/SqFt: 162 Financing: Owner Will Carry

Property Features

Building Type: Other - See Remarks Construction: Frame - Wood; Stucco Cooling: Other; See Remarks External Amenities: Handicap Access; Other - See Remarks Flooring: Carpet; Vinyl Heating: Forced - Gas; Natural Gas Owner Pays: Other - See Remarks Possession: At Recordation Records Available: Record of Survey Road Responsibility: City Maintained Road Roof: Metal Terms & Conditions: 1031 Exchange; Conventional Utilities Installed: 220; Electricity; Natural Gas; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Info: Other - See Remarks Unit 2 Info: Other - See Remarks
Listing Office: My Home Group Real Estate
Last Updated: June - 26 - 2023

The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction.

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