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240 S Montezuma Street,  Prescott, AZ 86303

$1,525,000
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MLS# 998796
Status: Active
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12/7/2016 11:33 AM
Property Description
SIGNIFICANT REDUCTION on this high yield asset with a 10.09% cap rate. Excellent opportunity for investment in Multi-Tenant Professional Office in the downtown core. Below market rents, professionally managed and well maintained. On-site parking front and rear, rare in the downtown core. The building is two-stories currently configured with 10 suites serviced with an elevator and 2 exterior stairways. Tenancy includes attorneys, state agencies, and nationally affiliated companies. Offering includes a Billboard on State Route 89, facing the southern entrance of the City currently leased to Viacom. Download OFFERING MEMORANDUM. Rent roll and expenses available upon request.
Listing Information for 240 S Montezuma Street Prescott, AZ 86303
Property Type: Office, Other
0.43 Acres $120 1986
City
City Sewer
Electric, Telephone, Natural Gas, Master Meter
School Information for 240 S Montezuma Street Prescott, AZ 86303
Room Information for 240 S Montezuma Street Prescott, AZ 86303
Interior Features for 240 S Montezuma Street Prescott, AZ 86303
Central Air
Gas Heat, Electric Heating, Zone
Exterior / Lot Features for 240 S Montezuma Street Prescott, AZ 86303
39 Parking Spaces, On Site
None
DTB
Handicapped Access, Landscaped, State Maintained Road, State Road, Paved Road
Community Features for 240 S Montezuma Street Prescott, AZ 86303
Driving Directions to 240 S Montezuma Street Prescott, AZ 86303
South on Montezuma, one block from Courthouse Square on west side of the street.
Financial Considerations for 240 S Montezuma Street Prescott, AZ 86303
$14,100
2015
Listing Price History for MLS#: 998796

Prescott AZ Real Estate and Prescott AZ Homes for Sale

Prescott is located in the state of Arizona. The zip code of 86303 has a population of 39,916. The median age of people living in Prescott, AZ 86303, is 54.5 years.

Click on the tabs below to see more details for the 86303 zip code in Prescott, Arizona.

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Courtesy: ARIZONA COMMERCIAL LLC MARY KIRK
This data is provided by the Prescott Area Association of REALTORS Multiple listing Service, Inc. 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.

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