534 Madison Ave - Freestanding FOR SALE


Prescott, AZ 86301- Downtown Prescott
$950,000 USD
623-293-1543
534 Madison Ave, Prescott, AZ for Sale
$950,000 USD
Freestanding - FOR SALE
1/21
null | Request Cap Rate

534 Madison Ave
Prescott, AZ 86301
Downtown Prescott


HIGHLIGHTS

  • Sale price: $950,000
  • Availability ±10,626 sf
  • Year Built 1986
  • Zoning: IL
  • APN # 113-09-052C
  • Parking Ample

OVERVIEW

This ±10,626 sf building is situated on approximately 1 ac of improved land. It is currently designed for a single tenant light industrial user but can easily be positioned for a variety of uses including office, retail, childcare, place of worship or school. It is currently equipped with perimeter offices and open warehouse space. The warehouse ceilings are approximately 14’ high while the warehouse area totals approximately ±10,000 sf. Due to plans to renovate the property by the seller for its own use, the interior of the building has been reduced to a “shell” condition and is ready for a buyer to design and construct its own unique build-out. Utilities to the property include natural gas, water, and electric. The entire building is air-conditioned and secured by perimeter chain link fencing. The property is conveniently located near historic downtown Prescott, AZ and a variety of retail and lodging amenities.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

LI

APN/PARCEL ID

113-09-052A

ASK ABOUT THIS PROPERTY

Kevin HellandAvison YoungMore Info
623-293-1543

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Kevin HellandAvison YoungMore Info
623-293-1543

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.