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Opportunity Zone Redevelopment Property

  SOLD October 2020 for $1,350,000

212-222 N. Cortez Street, Prescott, Arizona 86301


Building Size7,660 Square Feet
Land Size0.46 Acres
ZoningDTB
Parking40 Spaces
WaterCity
SewerCity
Year Built1910
ConstructionFrame - Wood ; Stucco
RoofRolled/Hot Mop Welded Membrane
Cap Rate2.4%
Parcel #113-15-067B, 069, 070

OPPORTUNITY ZONE redevelopment property in downtown Prescott, 1.5 blocks from the courthouse square. Located directly across from the historic Santa Fe Depot and a perfect location to invest your Opportunity zone / 1031 funds. Nearly 1/2 acre (.46) and zoned DTB and a part of the entertainment district overlay. Spectacular, unobstructed views of the depot, Thumb Butte and Granite Mountain, perfect location for mixed use retail/residential condos, hotel, restaurant, etc. 7660 sq. ft. building, can stay or go. Adjoining property also for sale, MLS# 1021930. Add an additional .22 acres and 16,168 sq. ft. of building. See attachments in MLS for aerial views and ALTA survey. Tenants in place in 212, 214 and 216/218, 24 hour notice to show.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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