919 12th Pl - Medical CONDO FOR SALE


Prescott, AZ 86305
$633,160-$1,266,980 USD
480-310-7974
919 12th Pl, Prescott, AZ for Sale
$633,160-$1,266,980 USD
Medical CONDO - FOR SALE
1/37
2,878-5,759 SF | Request Cap Rate

919 12th Pl
Prescott, AZ 86305


HIGHLIGHTS

  • Proximity to the Hospital
  • Covered Parking
  • Abundant Clinical Space (Units 1 and 2)
  • Property may be Demised
  • Value Add Opportunity
  • Flexibility with Units 3 and 4

OVERVIEW

Surmount is pleased to present the exclusive listing for the commercial condominium units located at 919 12th Place, Units 1–4, Prescott, Arizona 86305. The offering consists of four contiguous condominium units totaling approximately 8,637 rentable square feet. Units 1 and 2 comprise approximately 5,759 square feet, while Units 3 and 4 comprise approximately 2,878 square feet. The property is being offered 100% vacant, creating a compelling value-add opportunity for both investors and owner-users. Investors have the opportunity to unlock value through lease-up and stabilization by securing new tenancy at market rental rates, increasing net operating income, and positioning the asset for long-term appreciation or a future disposition. Alternatively, an owner-user can immediately occupy all or a portion of the property while leasing the remaining space to offset occupancy costs and generate an additional income stream.

FOR SALE DETAILS

PRICE

$633,160-$1,266,980 USD

CAP RATE

Request Cap Rate

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

8,637 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

BG

APN/PARCEL ID

115-11-010

ASK ABOUT THIS PROPERTY

Alan LaulainenSurmountMore Info
480-310-7974

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Alan LaulainenSurmountMore Info
480-310-7974

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