850 S State Route 89, Chino Valley, AZ 86323

$999,000
2
Full Baths
4,000
SqFt
List Price
$999,000
Days on Market
27
Year Built
1985
Acres
0.78
MLS#
1042445
Neighborhood
N/A
Full Baths
2
Living Area
4,000
Lot Size
33,976

Property Description

Here's an opportunity that quietly produces a steady income on the area's principal north-south highway. This retail building was originally built as four 1,000 square foot suites. Long-term tenant Aroma Pizza is in three suites and The Ditch Beer & Wine Store is in the other. The 100%-leased, 4,000 square foot building producing a 6% cap rate will serve as a solid piece in any investment portfolio. The property, zoned Commercial Light, has great visibility with an average daily traffic count of 20,652 vehicles per day on State Route 89.

Additional Information

Hoa Dues
$1
Garage Attached
70020
Garage Detached
6
Buildings
1
Carport Attached
59083
Carport Detached
5000
Home Warranty
14.27
Listing Exclusions
No
List Price Sq Ft
250
REO/Short Sale
Not Applicable
Stories
1
Taxes
$4,608
Tax Parcel
306-29-045E
Tax Year
2020
Zoning
CL

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Better Homes And Gardens Real Estate Bloomtree Realty.

Listing data provided & © by (PAAR) Prescott Area Association of REALTORS®