3250 Gateway Blvd $12,200,000

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    3250 Gateway Blvd Prescott, AZ 86302

    Closed
    SOLD 11/15/2022

    $12,200,000

    • 163,097 sq. ft.
    • 21.61 Acres
    • Commercial
    • MLS# 529097
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    Property Details

    Prescott Gateway Mall is a modern, multifaceted regional shopping mall built in 2002, comprised of both an indoor traditional mall and an open-air outdoor lifestyle center. Indoors, under a magnificent exposed beam ceiling, are approximately 133,000 square feet and 67 suites, six of which serve an open and inviting food court. Outside, in the nicely landscaped open-air lifestyle center, 29 more suites occupy approximately 192,000 square feet. The property hosts national, regional and independent tenants including Bed Bath & Beyond, Michaels, Mattress Firm, Famous Footwear, Chico's, Bath & Body Works and Spencer's. Prescott Gateway Mall is an exciting value-addable opportunity for an investor looking to reposition the project. Some of the upsides include the

    • General Features
      • Year Built 2001
      • Road Maintenance City Maintained
      • Sub Type Commercial
      • Tax Parcel 10320600m
      • Tax Year 2021
      • Terms Available 1031 Exchange, Cash
      • Utilities Included 220, 3 Phase, Electricity, Individual Meter, Natural Gas, Telephone
      • Amount of Taxes 83360.00
      • Area 90 - Out of Area
      • City Town Code Prescott
      • County Yavapai
      • Subdivision Commercial Only
      • External Amenities Handicap Access, Landscape, Sprinkler/Drip
      • Listing Office Name Prescott Commercial Real Estate
      • Management Management Company
      • On Site Water Treatment Conventional Septic
      • Pet Privileges No
      • Road Access City, Paved
      • Parking Spaces 20+ Cars
      • Close Date 2022-11-15
    • Building Features
      • Water Heater Natural Gas
      • Type Building 5 or More Units, Retail
      • Baths Interior, Separate M and W
      • Approx Sq Ft 163,097
      • Special Conditions N/A
      • Roof Materials Other (See Remarks)
      • Num of Floors 1.0
      • Cooling Refrigeration/Centrl
      • Construction Block, Brick
      • Commercial Amenities Ceiling Hght 16 +, Roll Up Doors, Truck/Dock Loading
      • Floors Carpet, Concrete, Tile
      • Internal Amenities Ceiling Fan, Fire Sprinklers, Security
      • Heating Forced - Electric
    • Property Features
      • Acres 21.61

    Neighborhood

    86302 (Prescott) Demographics

    No community information is available for this zip code.

    Property History

    Date Event Price Percent Change
    -- New in Database Source: Multiple Listing Service New Value: $0 -100%
    11/15/2022 12:00:00 AM Sold Source: Multiple Listing Service New Value: $12,200,000
    8/30/2022 11:08:20 AM Status Changed Source: Multiple Listing Service New Value: Pending
    Information is provided in part by the IDX program of the Sedona Association of REALTORSĀ® MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.