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
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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.