102 Cory Avenue

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102 Cory Avenue

Prescott, AZ 86303
Asking Price
$1.05M
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use asset situated at 102 Cory Avenue in Prescott
  • Current asking price for the property is 1,050,000 dollars
  • Located within the established and historic Prescott commercial landscape
  • Versatile configuration suitable for diverse commercial or residential tenants
  • Offers strategic investment potential in Northern Arizona regional growth

What's Special

Prescott serves as a central hub in Yavapai County, known for its historic downtown character and a steady influx of residents drawn to the high-desert climate. This mixed-use property at 102 Cory Avenue provides an asset for investors looking to establish a footprint in this growing Northern Arizona market. The versatile layout of the building allows for a combination of commercial and residential income streams, catering to the ongoing demand for professional services or retail space alongside urban housing options in the downtown area. Investors can leverage the location to capture consistent foot traffic and benefit from the regional economic stability typical of the Prescott submarket. Whether positioned as an adaptive reuse project or continued as a mixed-use commercial holding, the building offers a strategic entry point for buyers seeking tangible assets in a high-demand geography. Its position within the city grid provides visibility and accessibility for both tenants and local patrons, making it a viable addition to a diversified real estate portfolio.

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NOI
$80,000
Cap Rate
7.62%
DSCR
1.28
Strong
Cash-on-Cash
5.61%
Monthly Payment
$5,194.827
Annual Cash Flow
$17,662.075

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