1577 Plaza West DrPrescott, AZ 86303

Property Details for 1577 Plaza West Dr

Year built

1995

Lot size

0.87 AC

Property type

Retail properties

Property subtype

Office properties

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.

Location Insight

City

Prescott

County

Yavapai

State

Arizona

Latitude

34.5412

Longitude

-112.494

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