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  • DESCRIPTION

    The Downtown Prescott Inn is a 56-room independent, limited service hotel. The property also includes a 3,000 sf commercial space currently operating as a full-service restaurant & bar that accommodates 125 seats. The entire property is being offered For Sale @ $3,495,000 (or $55,000/unit & $415,000 for the commercial restaurant lease offered at a 10 CAP). The property spans 3 floors totaling approx. 25,597 sf (sf to be confirmed by Buyer) and is elevator served. The main level consists of a large lobby/reception area, managers office, storage & mechanical rooms and Papa's Italian Restaurant. All 56 units are located on the second and third floors with 31 units having their own private bathroom and 25 units that share a total of 6 common bathrooms (3 bathrooms per floor) Click More Tab...

    KEY DETAILS
    • Price:
    • $3,495,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • 25,597
    • Acreage:
    • 0.42
    • Year Built:
    • 1974
    • MLS #:
    • 1015197
    • Street Address:
    • 129 N Cortez St
    • City:
    • Prescott
    • State:
    • AZ
    • Postal Code:
    • 86301
    • County:
    • Yavapai
    • Listing Status:
    • For Sale - Active

    Building

    • Building Floors:
    • 3.00
    • Construction Description:
    • Block/Brick, Frame - Wood, Stucco
    • Dwelling Type:
    • Other - See Remarks, Food Service, Bar, Motel/Hotel, 5+ Units
    • Flooring:
    • Carpet, Vinyl
    • Interior Features:
    • Sprinklers, Bathroom, Elevator(s), Ceiling Fan(s)
    • Number Of Units:
    • 56
    • Stories:
    • 3.0
    • Total # Of Buildings:
    • 1
    • Total Building Square Footage:
    • 25597
    • Type Of Roof:
    • Rolled/Hot Mop
    • Year Built:
    • 1974

    Land

    • Conforms To Zoning:
    • Dtb
    • Lot Size:
    • 6970

    Money

    • Price Per Square Foot:
    • 137.00
    • Property Taxes:
    • $15,265
    • Tax Year:
    • 2017

    Rooms

    • Bathroom Description:
    • Other - See Remarks, Interior, Shared, Ada

    Structures

    • Parking Description:
    • On-Site, Street Parking
    • Parking Spaces:
    • 10

    Systems

    • Cooling System:
    • Ceiling Fan(s), Warehouse Evap, Gas Pack
    • Heating:
    • Electric, Gas

    Source

    • Listing Provided By Bloomtree Realty
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    SCHOOL RATINGS

    No school information available.

    NOTES

    No notes have been added for this home.

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