129 N Cortez Street Prescott, AZ 86301
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..., Directions From the Courthouse Square, head north on Cortez St. Property is mid-block on the right. Lobby entrance is adjacent to Papa's Italian Restaurant.
Interior Features Include:
Sprinklers, Bathroom, Elevator(s), Ceiling Fan(s)
Heating: Electric, Gas
Floor Type: Carpet, Vinyl
Exterior Features Include:
Handicap Access, Paved Parking
Acreage: 0.4200 Acres
Roof: Rolled/Hot Mop
Other Features Include:No Information Available.
Information provided by Prescott Area Association of Realtors and is deemed reliable, but is not guaranteed accurate.