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Listed by Arizona Commercial
$ 650,000
Est. payment /mo
Active Under Contract
112 Whipple ST Prescott, AZ 86301
0.3 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Dameron Park Add
MLS Listing ID 1084634
Year Built 1994
Annual Tax Amount $3,885
Tax Year 2025
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Office
Source paar
Property Description
Excellent investment opportunity to acquire a +/-2,758 SF commercial property in Prescott, offered at $650,000. Located along high-traffic Whipple Street, the property is currently occupied by an established salon tenant under a NNN lease through 2034. The tenant is responsible for a portion of the property expenses, maintenance, and operating costs, providing the owner with minimal landlord responsibilities. The property generated $39,367 in NOI in 2025, reflecting a 6.05% CAP rate. With a long-term NNN lease in place and an established tenant, this property offers stable, income-producing potential in a high-visibility Prescott location.
Location
State AZ
County Yavapai
Zoning OFFICE - MEDICAL
Interior
Interior Features Ceiling Fan(s), Security/Alarm
Heating Natural Gas
Cooling Central Air
Flooring Carpet, Tile, Vinyl
Exterior
Exterior Feature Handicap Access
Utilities Available Electricity Available, Natural Gas Available, Phone Available, WWT - City Sewer
Roof Type Asphalt
Total Parking Spaces 17
Building
Story 1
Structure Type Frame,Stucco
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
