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450 W Goodwin Street, Prescott, AZ 86303

$1,150,000
Property Type: Commercial/Indstrial Baths: 1 Square Footage: 5,610 Lot Size (sq. ft.): 13,939 Status: Active
Current Price: $1,150,000 List Date: 1/29/2024 Last Modified: 2/18/2024

Description

Rare downtown Prescott investment opportunity. Imagine owning this very well-known, successful 10 unit office building located on high-traffic Goodwin St in the bustling downtown business district. It has all the features quality tenants, customers, & owners are after: prime location, attractive exterior/interior, large (newly blacktopped) parking lot, while being easy to maintain & manage. Owners have taken excellent care of the property including new HVAC units, new roof & new flooring so the property is a turn-key money tree. If you're interested in some of the best return potential in one of the best locations in Prescott, then you've found The ONE.

More Information MLS# 1061728

Contract/Address/Legal

Original List Price: 1150000 Listing Date: 2024-01-29 Status: Active Listing Price: 1150000 List Price/SqFt: 205 Street #: 450 Direction: W Street Name: Goodwin St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86303 Subdivision: Murphys 3rd Add Neighborhood: N/A County: Yavapai Comm Type: Office Zoning: BG/DTB Zoning Description: Business General Tax Parcel: 109-05-034 Assessor's Book #: 109 Assessor's Map #: 5 Assessor's Parcel #: 34 REO/Short Sale: Not Applicable Legal: LOTS 12 13 AND 14 BLOCK 2 MURPHYS 3RD ADD BOOK 2 PAGE 31

General Property Description

Lot Size: 14086 Aprx Acres: 0.32 Buildings: 1 Total Liveable SqFt: 5610 Source of Measuremnt: County Assessor Stories: 2 Floor: 2 Parking Spaces: 27 Year Built: 1980 Management: Owner Vac Rate %: 3 Gross Vol/Yr $: 91080 NOI $: 74000 Cap %: 6 CAM $: 3304 Baths - Full: 10 GRM: 12 Property Use: Investment Prop Construction Status: Existing Space Available: No Total Bathrooms: 1 CC & R: No CC & R Type: None

Tax Info

Taxes: 5841 Tax Year: 2023

Remarks & Misc

Directions: Gurley st to south on Montezuma. West onto Goodwin. Property on left.

Office/Member Info

Listing Exclusions: No Compensation: 2.5 Compensation Type: %

Property Features

Bathrooms: Interior; Separate M and W Building Type: 5+ Units; Office - Building Business Location: Freestanding Bldg Commercial Amenities: None Construction: Block/Brick Cooling: Heat Pump External Amenities: Handicap Access; Landscaped; Paved Parking; Security Lights Flooring: Laminate; Tile; Other Heating: Heat Pump Internal Amenities: Bathroom; Fire/Smoke Detector; Sprinklers Parking: On-Site Records Available: Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Asphalt Shingle Terms & Conditions: 1031 Exchange; Conventional; Other - See Remarks Utilities Installed: Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: eXp Realty LLC-Main
Last Updated: February - 18 - 2024

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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