$1,085,000 | N/A beds | N/A full baths | N/A half baths | 4,528 sqft

$1,085,000
2782 W State Route 89a
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 

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On remax-sedona-az.com since Tue, Apr 16th 2019
No Property History recorded for this listing.

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