PACG

SHARPLY REDUCED Warehouse OWNER FINANCING

Two warehouses in central downtown Prescott, 410 and 420 Sixth Street between Springhill Suites by Marriot, The Depot Marketplace, Foxworth Galbraith and Flame Propane. THIS LOCATION CAN’T BE DUPLICATED! Industrial Light zoning allows for a wide variety of permitted uses including Retail, Distributing, Auto Repair, Restaurant, Entertainment, Sports, Schools to name just a few.

14,500 sf and 14,800 sf or together 29,300 sf

NOW REDUCED to $950,000 for each building – $64.19/sf

Also for LEASE at $.39/sf/mo ($4.68/yr).

If purchased for land value alone, 2.8 Acres at $15.68/sf. The lowest priced downtown land on the market!

OWNER FINANCING. BRING YOUR BEST OFFER! OWNER IS VERY FLEXIBLE AND CREATIVE WITH TERMS!!

The same for Lease – INCENTIVES AND CREATIVE TERMS.

410 SIXTH STREET
14,500 sf Total
13,500 sf Warehouse
1,100 sf Office
1.11 Acres
20’ Ceiling Height
2 Loading Docks w/Overhead Doors
3 Grade Level Overhead Doors

420 SIXTH STREET
14,800 sf Total
11,500 sf Warehouse
3,300 sf Office
1.69 Acres
30-40’ Ceiling Height
Sprinklered
1 Loading Dock w/ Overhead Door
3 Grade Level Overhead Doors

Download Marketing Packet.

Mary Jo Kirk CCIM
cell  928.710.4045
Arizona Commercial
1670 Willow Creek Road, Suite A
Prescott, AZ 86301
fax 866.721.4045
www.arizonacommercial.net
View my listings at:
http://www.loopnet.com/MyListings/mjkirk@arizonacommercial.net

Capital Crunch Changes Little

We all know the capital crunch is impacting commercial real estate sales for those selling and those buying. Across the board, investment is impacted when access to capital is reduced to its current dribble.

But the capital crunch changes little when it comes to commercial real estate investment fundamentals. Capital has always been the annoying component in any investment. After all, it is always about the cost of money, isn’t it?

At the end of this post, you can download “How to Invest in Commercial Real Estate” a FREE document that clearly indicates that although much has changed, little has changed with respect to how you as an new or seasoned investor create an appropriate investment scenario.

It is true, the capital crunch changes little; in fact, it simple reinforces the need for an insistence upon the fundamental components that make up commercial real estate investment.

Whether you are a seasoned investor or an upstart looking at opportunities in the market, stick to the fundamentals outline in “How to Invest in Commercial Real Estate.”

Access to “easy” capital is no longer a part of the investment environment and we have to learn to live within that new reality. In the next 24-36 months investor refinancing will be impacted by new and more demanding underwriting requirements for commercial real estate properties.

The capital access problem existent within institutional lenders will inevitably lead to alternative approaches, such as SBA lending and more creative financing by individuals and partnerships.

There is one thing that hasn’t changed, however, and that is the fundamental principles related to building wealth through commercial real estate investments.

Download the FREE Document “How to Invest in Commercial Real Estate.”.

Mountain Top Industrial! 625 N. Third Street

This property is zoned for light industrial manufacturing and features two separate structures that can be used as one facility or two facilities as the case may be.

The first structure (on the Northerly side of said location) occupies parcels 113-04-020B (0.32 acre) and 113-04-019(0.22 acre) and is 7,200 sq. ft. of building. It features its own showroom and offices with a lunch room and 2 half baths. It has approximately 6000 sq. ft. of heated manufacturing area with 5 @ 12 ft. roll up doors and 2@10 ft. doors as well.  

Both the Northerly parcel and (the yet to be identified) Southerly parcel share parcel 113-04-021(0.27 acre) as a driveway/storage area.

The 2^nd structure(on the Southerly side of said location) occupies parcel 113-04-060(0.18 acre) with 6,058 sq. ft. of  office, lunch room, heated manufacturing area with 2@half baths , 10@10 ft. roll up doors and 1@8ft. door.

Excellent downtown location with lots of fenced ”outside” storage areas. For the right Buyer(s) the Seller can possibly offer Seller Carryback financing. This type of zoning close in is hard to find. Property features separate fire/sprinkler systems as well as security systems.

The total property area is 0.99 of an acre and the buildings total  13,258 sq. ft..

#6 Bar license for Yavapai County, AZ

Yavapai County, Arizona series #6 Bar License, permits sale of all legal beer, wine and spirits in a bar or restaurant.  Can sell “to go” as well as on premise.  No food sales required.  This is a personal property license and is sold between individuals and legal entities. 

License currently on inactive status.  Will take approximately 100 days to activate the license in a specific location.  Broker can assist with licensing application and activation process.  Seller financing possible.

Arizona bars and restaurants having food as less than 40% of total sales as food are required to have a bar license.  Bar licenses are personal property and can be bought and sold privately.  Selling for $57,500, significantly below current market and lottery price.  For more information contact Brian Harron of Sunbelt Business Brokers at 928-541-0890, or view more of our listings at www.arizonabizsales.com.  Internal listing L785BH.

138 N Montezuma – Office Building for sale

7200 Square foot office building for sale. Great for investors or end user. Current tenant has a lease through December 31st, 2012. Tenant is paying over $12,000 a month, resulting in a cap rate of 9.1%. The tenant is Fidelity Title, a national company. If an end user wanted the property, the tenant should be willing to negotiate giving up the lease, since the building is used for storage. Current owner willing to carry for 3-5 years with substantial down payment to cover current cash flow (400k+). 12 parking space in rear, on-street parking available. Roof redone few years ago and the building was totally remodeled in the mid 80’s. Outstanding location close to the square, and numerous restaurants.  Listing price is based on July 2009 appraisal.

Visit my website at http://www.prescottusa.com