1239&1241 W Iron Springs Road, Prescott, AZ 86305

$1,825,000
6
Full Baths
11,854
SqFt
List Price
$1,825,000
Days on Market
14
Year Built
1998
Acres
0.86
MLS#
1047714
Full Baths
6
Living Area
11,854
Lot Size
37,461

Property Description

Exceptional Retail Investment Opportunity For Sale in Prescott Arizona. This multi-tenant retail center offers great exposure and monument signage along Iron Springs Road. The single-story retail center is comprised of 2 separate free-standing buildings totaling +/-11,854 sf and 6 separate suites. Situated on .86 acres, the buildings are located on 4 separate parcels that are split zoned with both Business Regional (BR) & Industrial Transition (IT) zoning allowing for many commercial uses. The Center is anchored by a Prescott's Abbey Flooring & Design which recently renewed their lease. Currently there is 1 vacancy of +/-2,288 sf. The property is being offered for sale at $1,825,000 or $153.96/sf with a going in CAP rate of 5.7% and a proforma CAP rate of 8.4% assuming the one vacancy is l

Additional Information

Garage Attached
147290
Garage Detached
5
Buildings
2
Carport Attached
104646
Carport Detached
42643
Home Warranty
12.39
List Price Sq Ft
154
REO/Short Sale
Not Applicable
Stories
1
Taxes
$10,648
Tax Parcel
115-08-079A & 079B, 115-09-039C & 039D
Tax Year
2021
Wh Gallons
19
Zoning
BR & IT

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

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