1577 Plaza West Dr Prescott, AZ 86303
- Retail properties
- 0.87 lot acres
Current Use by Public Records
- Professional Contracting Services / Custom Home Builder
Property Details for 1577 Plaza West Dr
- Year built
- 1995
- Lot size
- 0.87 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a multi-tenant office building situated at 1577 Plaza West Drive, Prescott, Arizona, 86303. The property, encompassing 0.87 acres (APN 108-05-040H), is zoned BG (Business General) and features a building constructed in 1995. The building has recently undergone exterior refinishing and provides ample parking for all tenants. Currently housing multiple tenants, all operating under one-year leases expiring December 31, 2024, this property offers a stable income stream. The current ownership tenure extends back to 2005, demonstrating long-term stability and potential for continued growth. This is a prime opportunity for investors seeking a well-maintained, multi-tenant office building in a desirable Prescott location. The property's strong tenant history and recent exterior improvements make it an attractive investment prospect. The asking price for this established commercial property is $1,150,000. This presents a chance to acquire a profitable asset in a thriving Arizona market. The property's location in Yavapai County offers easy access to local amenities and transportation routes. The building's traditional office layout is well-suited for a variety of businesses.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prescott
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.494
- Latitude
- 34.5412
