223 White Spar RD, Prescott, AZ 86303
223 White Spar RD, Prescott, AZ 86303
223 White Spar RD, Prescott, AZ 86303
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Listed by Invest Southwest
$875,000
Est. payment /mo
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3 Baths
8,276 Sqft Lot
Active

223 White Spar RD Prescott, AZ 86303

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1077021

Year Built 1992

Annual Tax Amount $4,853

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Office

Source paar

Property Description

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.

Location

State AZ

County Yavapai

Zoning Business General

Interior

Interior Features Fire/Smoke Detector, Security/Alarm

Heating Electric, Heat Pump

Cooling Central Air, Heat Pump

Flooring Carpet, Tile, Wood

Exterior

Utilities Available Electricity Available, Master Meters, Phone Available, Underground Utilities, WWT - City Sewer

Roof Type Asphalt

Total Parking Spaces 11

Building

Story 2

Structure Type Frame,Stucco

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional


Prescott Area Association of Realtors (PAAR MLS)

NEARBY SCHOOL & BUSINESS

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Silverleaf Realty

Silverleaf Realty

+1(480) 502-6902

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223 White Spar RD