611 Miller Valley Road, Prescott, AZ 86301 (MLS# 529198)

611 Miller Valley Road, Prescott, AZ 86301

$1,200,000

Property Type: Comm/Industry Sale Square Footage: 11,012 Status: Closed

Current Price: $1,200,000 List Date: 3/09/2022 Last Modified: 7/18/2026

Overview

Description

On the Market for the first time in 49 years! This 7-unit multi-tenant shopping center is a perfect addition to your portfolio. The property is 100% occupied by 6 separate tenants, new roof in February of 2022, 33 parking spaces, zoned business general, and offers great exposure along Miller Valley Road. There are a lot of upsides in increasing under market base rents, adding NNN's to the gross leases, and renegotiating month to month leases. Current financials and pro-forma available with a signed NDA.

Listing Details MLS# 529198

Location, Tax & Legal

House Number: 611
Street Name: Miller Valley
St Suffix: Road
City/Town Code: Prescott
State/Province: AZ
Zip Code: 86301
Zip4: 2315
County Code: Yavapai
Subdivision: Commercial Only
Assessor Number: 11307012
Tax Year: 2021
Legal Description (Abbrev): BRANNEN TR LESS WLY 17' R/W LOT3; LESS WLY 14' R/W LOT 4;LESS WLY 13' R/W LOT 5; ALL IN BLK 1
Taxes: 9025

General Property Description

Ttl Apx SqFt Bldg: 11012
# of Interior Levels: Yes
Year Built: 1982
Zoning: BG

Remarks Misc

Directions: Take Miller Valley Road to Brennan.

Status Change Info

Off Market Date: 2022-03-31
Under Contract Date: 2022-03-31
Close of Escrow Date: 2022-03-31

Legal Info

Lot Number: 3

More Information

Sold Info

Loan Type: Cash

Currently Not Used

Sold Price Per SqFt: 127.13

Remarks & Misc

SVV Public Historical Remarks: Parking Spaces: 20+ Cars, Management: Owner, Water Heater: Natural Gas, Lot Acreage: 0.59, Area: 90 - Out of Area

Construction

Block: Yes
Brick: Yes
Wood Frame: Yes

Roofing

Rolled: Yes

Floors

Tile: Yes
Concrete: Yes
Carpet: Yes

Heating

Natural Gas: Yes

Cooling

Central Air: Yes

Interior Features

Smoke Detector(s): Yes
Security System: Yes
Phone Available: Yes

Road Access Type

City Street: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

City Franchise: Yes
Individual Meter: Yes

Building Features

Accessible Entrance: Yes

Sewer

Sewer - Public: Yes
Septic Tank: Yes

Electric

Individual Meter: Yes
220 Volts: Yes

Gas

Natural Gas: Yes
Individual Meter: Yes

New Financing

Cash Only: Yes
1031 Exchange: Yes

Special

Exclusion(s) (SRmks): Yes

Property Features

Construction: Block; Wood Frame; Brick Roofing: Rolled Floors: Tile; Concrete; Carpet Heating: Natural Gas Cooling: Central Air Interior Features: Smoke Detector(s); Security System; Phone Available Building Features: Accessible Entrance Road Access Type: City Street Road Responsibility: City Maintained Road Electric: Individual Meter; 220 Volts Gas: Natural Gas; Individual Meter Water Source: City Franchise; Individual Meter Sewer: Sewer - Public; Septic Tank New Financing: Cash Only; 1031 Exchange Special: Exclusion(s) (SRmks)

Listing Office: Prescott Commercial Real Estat

Last Updated: July - 18 - 2026