223 White Spar Road, Prescott, AZ 86303

$875,000
3
BA

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List Price
$875,000
Price Change
▲ $95,000 1781565100
Year Built
1992
Acres
0.19
MLS#
1077021
Lot Size
8,276

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.

Additional Information

Hoa Type
A, B, C
Total Garage
11
Construction
Frame, Stucco
Cooling
Central Air, Heat Pump
Flooring
Carpet, Tile, Wood
Heating
Electric, Heat Pump
Interior Features
Fire/Smoke Detector, Security/Alarm
REO/Short Sale
Not Applicable
Roof
Asphalt
Stories
2
Taxes
$4,853
Tax Year
2025
Zoning
BG

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Invest Southwest.

Listing data provided & © by (PAAR) Prescott Area Association of REALTORS®