$310,000 4220 E Zuni Way Rimrock, AZ

MLS: 511374   Type: Commercial   County: Yavapai   City: Rimrock   Area: Lake Montezuma   Neighborhood: Montez Pk 1 - 11   Zip: 86335   Style: Retail / Services     Stories: 1   Taxes: $2,090

Mortgage $1,455 /mo



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A fantastic business opportunity to own a commercial building housing 6 rental spaces in the Lake Montezuma Town Square across from the popular Crickets Restaurant. Tenants include the Lake Montezuma post office and 5 other service related businesses; a chiropractic office, a massage studio, a full hair/beauty salon, one small storage office available & 1 space just rented. All except small office have renewed current leases through March of 2018 and have remained loyal tenants for many years. Leases can be renegotiated for higher rents upon change of ownership at COE. All lessees pay their own electric, insurance, and cleaning. Owner pays water, waste removal and taxes. Owner can provide additional lease information for individual businesses. 6 -10% cap rate. New HVAC/Roof on Post office.

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Price History

10/14/2016 Listed $395,000
11/9/2016 6% - $375,000
1/4/2017 7% - $350,000
3/23/2017 5% - $335,000
10/6/2017 8% - $310,000

Area 32 - Lake Montezuma
Business Type Retail / Services
Condo No
Construction Stucco, Block
Listing Status Active
Pet Privileges No
Property Type D
Sub-Type Office
Subdivision Montez Pk 1 - 11
Zoning C1-3

Interior Features

Cooling Heat Pump, Individual AC, Ceiling Fan, Evaporative
Floors Carpet, Concrete, Tile
Floors 1.0
Heating Forced - Electric, Individual Heat, Heat Pump
List Price/sqft 88.57
Unit 1 Info: # Baths 1
Unit 1 Info: Sqft 500
Unit 2 Info: # Baths 1
Unit 2 Info: Sqft 600
Unit 3 Info: # Baths 2
Unit 3 Info: Sqft 900
Unit 4 Info: # Baths 1
Unit 4 Info: Sqft 900
Utilities Included Electricity, Telephone, Private Water, Septic
Water Heater Electric

Exterior Features

# of Buildings 6.00
External Amenities Landscape, Handicap Access, Patio/Deck
Lot Size 0.10
Lot Size Source County Assessor
Parking Spaces 20+ Cars
Road Access Paved
Road Maintenance County Maintained
Roof Materials Hot Mop, Rolled, Comp Shingle
Type Building 5 or More Units, Other - See Remarks, Office, Retail

Property Schools

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Gallery (17 photos)

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Property vs Zip Code Avg (86335)

Price 310K Avg 310K

Sqr Feet 3,500 Avg 3,500

Cost / Sqr Ft $89 Avg $89

Taxes $2,090 Avg $2,090

Visits 128 Avg 129

Days on Site 645 Avg 645

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Listing Provided Courtesy Of: Russ Lyon Sotheby's Intl Rlty

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Location & Address

Stephanie Woods-Lembach
2485 N Great Western Dr, Ste B
Prescott Valley, AZ

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