Listing provided courtesy of Kidder Mathews- MLS# 6654016MLS Provider

2585 MIRACLE MILE -- #120Bullhead City, AZ 86442

Commercial · 2,000 Sq. ft. | 0.05 Acres
$375,000 Active

2585 MIRACLE MILE -- #120 Overview

Time on Site:
890 days
Visits:
29

FULLY LEASE INVESTMENT CONDO - Fully built out medical office for Sale. Health and wellness tenant on 6 year new lease with annual rent escalations! Reception/Waiting/Check in / Multiple Exam Rooms (with sinks) / 2 restrooms / Lab / Breakroom / Monument Signage Colorado Place, a 100,000 sq ft professionally managed mixed-use property, the largest office property in Northern Arizona, is located at the center of the Central Business District of Bullhead City. Centered between the triangle of Las Vegas, Phoenix and Los Angeles, the market has 5 million year-round tourists seeking river recreation in the summer, warmer weather in the winter and gaming year-round.

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2585 MIRACLE MILE -- #120 Facts & Features

  • Type Commercial
  • Sq. ft. 2,000
  • Price/Sq.ft. $188
  • Lot 0.05 Acres

Details

General

Income/Expenses

  • Gross Income: 24000.0
  • Gross Scheduled Income: 24000.0
  • Net Operating Income: 17564.0
  • Operating Expense: 5746.0

Building Information

  • Year Built: 2000

Business Information

  • Business Type: Professional/Office,Medical,Dental,Barber/Beauty,Retail

Location/Region

  • County Or Parish: Mohave
  • Postal City: Bullhead City
  • Subdivision Name: COLORADO PLACE BUSINESS CONDOMINIUMS

Tax Information

  • Tax Annual Amount: $2,346.00
  • Tax Year: 2023

General Information

  • Disclosures: None
  • Ownership: Condominium
  • Parcel Number: 220-61-033-B
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Cooling: See Remarks
  • Electric: Other (See Remarks)
  • Flooring: Other
  • Heating: See Remarks
  • Living Area: 2000.0

Unit Information

  • Unit Number: 120

Exterior

Parking Information

  • Open Parking Spaces: 10.0
  • Parking Features: Paved,Free

Lot Information

  • Lot Size Area: 2000.0
  • Lot Size Square Feet: 2000.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Water Source: City Franchise

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Other
  • Roof: Other
  • Structure Type: Other (See Remarks)

General Information

  • Fencing: See Remarks
  • Sewer: Public Sewer

2585 MIRACLE MILE -- #120 Neighborhood

Community

86442 (Bullhead City) Demographics

50
Median Age
872
Population Density (per sq. mile)
19%
College Educated
$42,776
Estimated Median Income
8,905
Estimated Total Home Owners
5,810
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2585 MIRACLE MILE -- #120 Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2585 MIRACLE MILE -- #120 Market Data

Based on the last 30 days in this zip code

$1,317,566
Average List Price
$413
Average Price per Square Foot
0
Properties Sold
299
Average Days on Market
3
Properties for Sale
Calculations provided by Reliance Network

2585 MIRACLE MILE -- #120 History

Date Event Value Agent
1/22/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
January 22, 2024