223 White Spar Road, Prescott, AZ 86303
$849,000
Property Type:
Commercial/Indstrial
Baths:
3
Square Footage:
3,601
Lot Size (sq. ft.):
7,841
Status:
Active
Current Price:
$849,000
List Date:
12/13/2024
Last Modified:
4/20/2025
Description
Numbers represent unit 1 only, with all 3 units projected CAP rate is 7.0 This is a great opportunity to purchase a fantastic office building with an excellent location on White Spar Road. Long term tenant has just renewed the main 2413 sq. ft. main floor with a 10 year NNN lease. 2 lower units 988 sq. ft. and 200 sq. ft. are now available for lease or for Owner occupation. Building exterior and interior of unit B (lower level) have recently been repainted and carpet installed and parking has been restriped. ADA access and bathrooms on both levels. Owner Agent
More Information MLS# 1069317
ContractAddressLegal
Original List Price: 859000
Listing Date: 2024-12-13
Status: Active
Listing Price: 849000
Street #: 223
Street Name: White Spar
St Suffix: Road
City/Township: Prescott
State: AZ
Zip Code: 86303
Subdivision: None
County: Yavapai
Tax Parcel: 109-15-011c
General Property Description
Lot Size: 7650
Aprx Acres: 0.18
Buildings: 1
Total Liveable SqFt: 3601
Source of Measuremnt: County Assessor
Stories: 2
Parking Spaces: 11
Year Built: 1992
Vac Rate %: 33
NOI $: 35037
Cap %: 4
CAM $: 1460
Baths - Full: 3
GRM: 24.5
Space Available: Yes
Total Bathrooms: 3
Suite #: A, B, C
CC & R: No
Tax Info
Taxes: 4852
Tax Year: 2024
Property Features
Bathrooms: ADA; Exterior; Interior; Unisex
Building Type: 2-4 Units; Office - Building
Business Location: Freestanding Bldg
Commercial Amenities: None
Construction: Frame - Wood; Stucco
Cooling: Central Air; Heat Pump
External Amenities: Handicap Access; Landscaped; Paved Parking
Flooring: Carpet; Tile; Wood
Heating: Electric; Heat Pump
Internal Amenities: Fire/Smoke Detector; Security/Alarm
Parking: On-Site
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road; Paved
Roof: Asphalt Shingle
Utilities Installed: 220; Electricity; Master Meter; Security System; Telephone; Underground; Water - City; WWT - City Sewer
Documents
Prospectus ›Listing Office: Realty ONE Group Mt Desert
Last Updated: April - 20 - 2025
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