$1,232,371*
●
Commercial -
Off Market
224-228 N Cortez Street
Prescott, AZ 86301
Studio
0 Bath
16168 Sqft
$986,000 - $1,204,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Opportunity Zone! Live/Work/Play in the heart of Downtown Prescott.
All entitlements and plans have been approved by the City and are
in place for the redevelopment of this building into an 11-unit
residential project (see attached rendering). Excellent Value-Add
Investment Opportunity located in the heart of Downtown Prescott
within the Opportunity Zone.The property consists of two separate
buildings totaling 16,168 sf and is situated on two parcels (which
have recently been combined) totaling .22 acres of prime downtown
business zoned land. This building offers great street frontage,
visibility and signage on both Cortez St. and Sheldon St. The
rear of the building is served by an alley and can accommodate 12
parking spaces in tandem fashion.The historic property...(Click
The manager has listed the unit size as 16168 square feet.
The manager has listed the unit size as 16168 square feet.
Unit Size
16,168Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$68
Property Type
Commercial
Property Taxes
$5,098
HOA Dues
-
Year Built
1964
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 18, 2020 | In contract | - | |
| In contract | |||
| Jun 19, 2020 | Relisted | $1,095,000 | |
| Relisted | |||
| Jun 8, 2020 | No longer available | - | |
| No longer available | |||
| Jun 13, 2019 | Listed | $1,095,000 | |
| Listed | |||
Property Highlights
224-228 N Cortez Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
4
Beds
4
Baths
4,166 ft²
$235/ft²
$978,000
Jan 22, 2023
-
$137/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
06/13/2019
|
|
Loft
|
-
|
16168 ft²
|
$1,095,000
Loft
-
16168 ft²
|
-
-
|
-
|
-
|
Building Info
