223 White Spar Road, Prescott, AZ 86303
sale
$875,000
|
Office
Courtesy Of Sandra F Shaffer
Situated less than a mile south of Prescott's downtown Courthouse Square, the property fronts State Route 89, a main state highway entering Prescott from the south. The 2-story building consists of 3 suites. Current tenants include a travel agency in year 2 of a 10 year lease as anchor tenant, an esthetician studio with a new 5 year lease and a home improvement company with a new 2 year lease. Generous rent escalations allow for investment growth. The property recently had exterior paint as well as new interior paint and flooring in 2 of the suites. There are 11 on-site parking spaces which were recently re-striped as well as street parking. Collectively, these attributes position the property as a solid addition to an investment portfolio near the thriving downtown Prescott core.
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Property Features
- Age: 31-40 Years Old
- Amenities: Security System
- Building Units: 3
- Cooling System: Heat Pump
- Cooling System: Central Air
- Exterior Type: Frame
- Exterior Type: Stucco
- Floor Covering: Wood
- Floor Covering: Tile
- Floor Covering: Carpet
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Heat Pump (Heating)
- Legal Description: TRAPPMAN ADDN ERLY PTN OF LOTS 22 & 23 & W2 OF ABANDONED ALLEY LY ING ALONG E SIDE OF LOTS 22 & 23 BLK 1
- MLSID: 1077021
- Parking Spaces: 11
- Roof Type: Asphalt
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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