333 Grove Avenue

    Prescott, AZ 86301
    • $1,495,000
    • STATUS: Active
    • ON SITE: 36 days
    • MLS #: 5867460
    $1,495,000
    • 0
      BEDS
    • 0.73
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,701
      SQFT
    • $404
      $/SQFT
    Type:
    Commercial
    Built:
    1984
    County:
    Area:

    School Ratings & Info

    Description

    Prime high traffic, high demographic location with massive cash flow and 14.2% cap rate! See factual document attachments for financial statements, property profile and many photos. Hurry on this one! Wont last long! could get SBA loan with low 10-20% Down, 4.5% interest, 20 year term with no balloon up to $5 million! Buy all 4 gas stations for $4.5 million and make $1 MM per year!!

    Monthly Payment Calculator

    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Riddle Realty. Data last updated 2019-02-19T00:16:17.083.
    www.cavecreekareahomes.com/homes/90829073

    333 Grove Avenue Prescott, AZ 86301

    • Price: $1,495,000
    • Status: Active
    • MLS #: 5867460
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.73
    Acres
    3,701
    SQFT
    $404
    $/SQFT
    1984
    Built
    County:
    Yavapai
    Area:
    Prescott
    Property Description
    Prime high traffic, high demographic location with massive cash flow and 14.2% cap rate! See factual document attachments for financial statements, property profile and many photos. Hurry on this one! Wont last long! could get SBA loan with low 10-20% Down, 4.5% interest, 20 year term with no balloon up to $5 million! Buy all 4 gas stations for $4.5 million and make $1 MM per year!!
    Exterior Features

    Construction BlockStucco Covered Parking Spaces 35.00 Exterior Features Corner LotMonument SignRoof SignStorage YardLandscaping Fencing Block Freeway Highway Access Parking Private ParkingPublic ParkingPaved Parking Roads TreatedSidewalk(S)Dedicated StreetAsphalt/Blacktop Roofing All TileComp Shingle Stories 1 Story Total Parking Spaces 70.00 Uncovered Parking Spaces 35.00

    Interior Features

    Ceiling Height 28.1 Feet Or Over Cooling Central A/CWindow/Wall Unit Flooring ConcreteSealed Heating GasOffice HeatedHeat Pump Interior Features FinishedPublic RestroomsPhone System

    Property Features

    Adjusted Gross Inc 2016103.06 Annual Elec Exp 5400.00 Annual Gas Exp 852049.00 Annual Ins Exp 5400.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 3400.00 Annual Legal And Acctg 2300.00 Annual Maint Exp 4219.00 Annual Mgmt Exp 757661.37 Annual Other Expense 114657.72 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 3450.00 Annual Wtr Swr Exp 3400.00 Building Type Commercial Cross Street Nec Grove Ave & W Sheldon StNw Prescott Current Use Service BusinessFood ServiceRetailFast FoodAutomobileRetail Pad Electric Aps3 Phase PowerCity Electric Gas City GasSw Gas Gross Annual Sch Inc 1992783.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Grade Level Lot Number 1 Net Operating Income 291825.26 Operating Exp 1763937.09 Other Income 23320.06 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - AvailableSewer - Public Source Of Financial Data Provided By OwnerOther (See Remarks)Provided By Accntnt Taxes 12000.00 Traffic Count 5001 To 15000 Use Restrictions Existing Easement(S) Vacancy Allowance 0.00 Water City Franchise Zoning Commercial

    Listing courtesy of Landnet Ventures Llc.
    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Riddle Realty. Data last updated 2019-02-19T00:16:17.083.
     
    Riddle Realty
    4524 E. Rancho Laredo Dr.
    Cave Creek AZ, 85331