Active

301 Whipple Street

Prescott AZ, 86301

$2,050,000


$195.95 per sqft

Active

5 Baths

10,462 sqft

Commercial

Built in 2007

Portfolio of two well located multi-tenant properties. Originally built for the current Seller, they are well constructed, well maintained. A mix of retail and office with a total of 5 tenants in 10,462 SF. Tenants are a fitness center, insurance, construction, interior design and photography studio. Both properties are in main traffic corridors with high visibility. Low rents with some short-term leases allow you to build income. Price per square foot is well below replacement cost. 301 Whipple Street, built in 2007, has three long-term tenants in a total of 5,626 SF. 1702 Willow Creek, built in 2003, includes an interior design studio and photography studio in 4,836 SF. Current 5.95% cap rate with low rents. Quality buildings with opportunity for income growth.

1066889

MLS ID

July 24, 2024

Listed

November 22, 2024

Updated

Map

301 Whipple Street
Prescott AZ, 86301

Interior Features

Total Stories

1


Total Bathrooms

5


Full Bathrooms

5


Interior Features

Bathroom, Other


Floor Description

See Remarks


Fireplace

No


Cooling

Yes


Cooling Description

See Remarks


Heating

Yes


Heating Description

Zoned

Exterior/Building Features

Lot Size

0.78 Acres


Exterior Features

Paved Parking


Roof

Other

Other Property Details

Taxes

$10,351


Tax Frequency

Annually


Days on Market

62


Garage

No


Parking

On-Site


Parking Total

30


View

No


County

Yavapai


Pool

No


Zoning

IT, RO

Listing History

Date

Event

Price

9/24/2024

Price change

$2,050,000

-5%

Courtesy of Invest Southwest, Sandra F Shaffer

Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Peter Fife shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Prescott Association of REALTORS. All rights reserved.

Powered byLuxury Presence