Sedona, AZ 86336
- N/ABeds
- 0.00Total Baths
- 4,528SqFt
- 1981Year Built
- 0.41Acres
- 42 yearsEst Age
- MLS# 519497
- Commercial
- Commercial
- Sold
- Approx Time on Market1 year, 10 months, 26 days
- AreaWest Sedona
- CountyYavapai
- SubdivisionCommercial Only
Overview
One of a kind old western style office building on Highway 89A in West Sedona. Ten professional suites plus an upstairs apartment overlooking a landscaped courtyard with trees and a fish pond. 100% occupancy for the last 7 years. Apartment normally gets rented before becoming vacant. Five restrooms in all. Owner increases rents 3% annually. New financing is available. Existing tenants are professionals and small businesses. See ''Documents'' for financial details. At the $1,085,000 asking price the cap rate is 7.02%. The owner does his own management and maintenance. Local management is also available.
Building Info
Year Built: 1,981
Construction: Block, Frame - Wood
Floors: Concrete, Laminate, Other, Sheet Vinyl, Tile, Wood
Internal Amenities: Ceiling Fan, Fire/Smoke Alarm
Roof Materials: Metal, Rolled/Hot Mop, Shake
Type Building: 5 or More Units, Office, Retail
Financial
Asking Price Text: $1,085,000
Lot Info
Acres: 0
Road Access Type: Other - See Remarks, Paved
Misc Info
Pet Privileges: No
Commercial Amenities: None
External Amenities: Landscape, Patio/Deck, Sprinkler/Drip
Parking Info
Parking Spaces: 20+ Cars, Off Street
Property Info
Class Type: Commercial
County: Yavapai
Road Maintenance: Other - See Remarks
Sale / Lease Info
Sold Date: 2021-03-15 00:00:00
Sold Price: $1,085,000
Special Conditions: N/A
SqFt Info
Sqft: 4,528
Lot Size: 101 x 210 x 75 x 208
Utilities / HVAC
Cooling: Evaporative Cooling, Individual AC
Heating: Heat Pump, Wall Heater
Utilities Included: 220, Cable TV, Electricity, Master Meter, Natural Gas, Private Water, Sewer (Public), Telephone, Underground
Water Heater: Electric, Natural Gas
Courtesy of Sound Investments