$996,026*
●
Commercial -
Off Market
227 - 231 N Cortez Street
Prescott, AZ 86301
Studio
0 Bath
4551 Sqft
$797,000 - $973,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Ideal Owner User and/or Investment Opportunity. Located in the
heart of downtown Prescott just north of the Courthouse Square at
227-231 N. Cortez St. This single-story commercial retail building
totals approx. 4,551 sf (two separate parcels). Originally
built in 1947, it has been renovated several times and features
many building upgrades. The ''Cortez Plaza'' is currently home to
five tenants ranging from hair stylists to other health and
wellness practitioners. The building is being offered at $885,000
and a projected 6.4% going-in cap rate. The building could also be
used as an owner/occupied property (please contact listing agent
for more details). There are approximately 20 parking spaces
located on site and in the rear of the building off of the alley
way plus ample CLICK...
The manager has listed the unit size as 4551 square feet.
The manager has listed the unit size as 4551 square feet.
Unit Size
4,551Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$194
Property Type
Commercial
Property Taxes
$6,091
HOA Dues
-
Year Built
1986
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 26, 2021 | In contract | - | |
| In contract | |||
| Jan 17, 2021 | Listed | $885,000 | |
| Listed | |||
Property Highlights
227 - 231 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
Commercial
Loft
-
3,300 ft²
$220/ft²
$725,000
Oct 18, 2022
-
$110/mo
In Contract
House
4
Beds
3
Baths
1,809 ft²
$486/ft²
$880,000
Sep 1, 2022
-
$100/mo
Active
House
2
Beds
2
Baths
1,396 ft²
$569/ft²
$795,000
Sep 26, 2022
-
$137/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
01/17/2021
|
|
Loft
|
-
|
4551 ft²
|
$885,000
Loft
-
4551 ft²
|
-
-
|
-
|
Raymond G. Zogob
Better Homes And Gardens Real Estate Bloomtree Realty
|
Building Info
