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212 S Montezuma Street - Superlative Professional Center, Prescott, AZ

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DetailMap
212 S Montezuma Street - Superlative Professional Center

Prescott, AZ 86303-4720


Property Type:Office Sub Type:- Status:Existing Year Built:1981
Stories:2 Typical Floor:2,353 SF Building Size:4,707 SF
% Leased:
For Sale Price:$925,000 Price/SF:$196.52
Cap Rate:9.20 %
Smallest Space:108 SF Largest Space:782 SF Total Space Avail:1,564 SF Rent/SF/Yr:
Negotiable
Parking:8 Surface spaces are available; Ratio of 1.5/1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
108 SF-782 SF
Negotiable
30 Days
Negotiable
Office
 1st
108 SF-782 SF
Negotiable
30 Days
Negotiable
Office
 
10198532
10774156
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
108 SF-782 SF
Negotiable
30 Days
Negotiable
Office
1st
108 SF-782 SF
Negotiable
30 Days
Negotiable
Office
View additional information at www.DrewCurry.com

Sale Notes:
Great Combination - Investment and/or Owner Occupant Opportunity. This is a legacy property that is located in the heart of downtown Prescott just south of Whiskey Row at 212 S. Montezuma. This two story boutique commercial building totals approx. 4,700 sf and has been renovated featuring many building upgrades (see Feature list in document tab above). Ideal for either Owner Occupant or professional offices, mixed use, residential condo conversion or retail. Hardwood floor and copper-looking ceiling tiles in entry/reception area and open floorplan (see floorplans in document tab above). The Superlative Professional Center has housed in the past many types of tenants from Stylists to holistic practitioners and medical doctors. Current and projected rents generate a 9.0% pro-forma cap rate. The building could also be used as an owner/occupied property for many uses that comply with the Downtown Business Zoning. Approx. 8 Parking spaces located in the rear of the building off of the alley way plus ample street parking along Cortez St. Parking spaces may be available across the street via separate parking agreement.

From the Downtown Prescott Courthouse Square, head South on Montezuma three lots from corner of Montezuma and Goodwin St. Brick building on West side of street next to Bricks & Bones restaurant.


Highlights
Excellent Downtown Prescott Commercial Location Remolded with Many Upgrads Ideal for Owner/Occupied or Current Business Operations Projected Cap Rate 9.5% on Current Business Flexible Floor Plan with Craw Space Access for Easy Remolding Additional Parking Nearby Available

BloomTree Realty
Raymond Zogob
(928) 443-8800


BloomTree Realty
Raymond Zogob
(928) 443-8800



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