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325 W Gurley & 120 N Mccormick Street Prescott, AZ $ 5,800,000
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325 W Gurley & 120 N Mccormick Street
$ 5,800,000
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325 W Gurley & 120 N Mccormick Street

Prescott, AZ, 86301
$ 5,800,000
Baths9.0 Sq 23,106

Monthly Estimate*

$ 40,515

325 W Gurley & 120 N Mccormick Street, Prescott, AZ 86301 - Image 1
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Studio

Commercial Property for sale in Prescott, AZ

for $5,800,000 with 9 full baths. This 23,106 square foot building was built in 2005 on a lot size of 0.47.

Fully Leased Class A property in Downtown Prescott. Superior construction quality with 8'' concrete tilt up exterior walls and high end windows. The building has two floors of professional Tenants and two elevators separating commercial and residential uses. Convenient street level parking plus an additional .36 acres on North McCormick for overflow parking. The Building is in excellent condition with new roof overlay in 2020, repaint of parking garage and railing and updated HVAC system in 2020. HVAC can be managed and monitored online for convenient operation and troubleshooting.The upper level consists of 4 townhomes that are individually owned but share in the common area expenses. Consistent cash flow with a great Tenant mix and easy management structure.

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Commercial Active

Price

$ 5,800,000

Bedrooms

Studio

Full Bath

9

Property Type

Commercial

Taxes

$ 27,214

Style

Lot Size

0.47

Year Built

2005

Town/City

Prescott

County/Region

Yavapai

MLS | Web ID

1059358
Features
General
Interior Features Bathroom Elevator(s) Fire/Smoke Detector Other Sprinklers
Heating Natural Gas Zoned
Cooling Central Air
Utilities Electricity On-Site Natural Gas On-Site Underground Utilities Water - City WWT - City Sewer
Roof Other
Exterior Features Handicap Access Landscaped Other Paved Parking Security Light
Zoning DTB
Construction Materials Other
Exclusions No
Year Built 2005
Property SubType Office
Tax Year 2023
Current Use Investment
County Yavapai
Property Type Commercial Sale
Directions West on Gurley to the corner of Gurley and McCormick. Southeast corner Gurley and McCormick.
City Prescott
Zoning Description Downtown Business
Lot Size Square Feet 5183
Street Name Gurley & 120 N Mccormick
Tax Annual Amount 27214
Home Warranty Y/N N
Additional Parcels Y/N Y
Days on Market 0
Standard Status Active
Cap Rate 6.16
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Interior
Flooring Carpet Laminate Tile
Total Stories 3
Full Baths 9
Street Suffix Street
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Exterior
Parking Features On-Site Other Street Parking
Total Parking 61
Number of Buildings 1
Building Area Total 23106
Lot Size Acres 0.47
Lot Size Source County Records
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* Excluded Features
List By
Denise Raney

Listing Agent

Better Homes And Gardens Real Estate Bloomtree Realty

Broker

raneydms@gmail.com

Email

Affordability Calculator

$42,783
Per Month
95%
5%
0%
Monthly Principal & Interest
$40,515
Monthly Property Taxes
$2,268
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
754118 Elementary School
754119 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/27/2023$5,800,000 Listed Price

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325 W Gurley & 120 N Mccormick Street, Prescott, AZ, 86301 is a Commercial Property for sale at $5,800,000 with 23,106 sqft and a lot size of 0.47. 325 W Gurley & 120 N Mccormick Street is a studio with 9.0 baths and was built in 2005. The property's zip code is 86301 which is in Prescott, AZ

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