$1,750,000
$1,750,000
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0.51 Acres Lot
SOLD DATE : 03/08/2021
Key Details
Sold Price $1,750,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6000138
Sold Date 03/08/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2000
Annual Tax Amount $18,472
Tax Year 2018
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions SEE SURVEY
Property Description
Trophy 5,797 sqft., office/retail commercial building (C-1) and 4,448 sqft covered parking structure situated on .598 acres, in American's most beautiful city, Sedona, Arizona! Aside from the incredible red rock views showcased, what is most attractive from a developer's or owner's perspective is the premier location, which is truly the Gateway to Sedona.
This 5,797 square foot office/retail building has three separate executive suites, men and women restrooms, outdoor patio, elevator, and covered/uncovered adequate parking. The two larger suites are on the top floor appreciating the wonderful red rock views with 2,016 SqFt., and 2,479 SqFt, while the smaller suite on the main floor is 401 SqFt respectively along with a 4448 SqFt., covered & uncovered parking with 18 parking spaces... 15 CULTURAL PARK PLACE, SEDONA (1 PARCEL: 408-11-176A)
COMMERCIAL OFFICE BUILDING...
Developed with a 2-story building constructed of concrete masonry unit (CMU) block surfaced with painted stucco. The ground floor of the building (formerly the Arizona Visitor's Center) is a covered parking lot, and the 2nd floor is subdivided as offices. A detention basin, bank-lined with sandstone rip-rap, is used to capture stormwater runoff from the building's roof. Tallpines performed an environmental study and observed no stained soils or petroleum odors inside the basin. This environmental study can be provided upon request.
Over 1,900 SqFt of deck and terrace located at the first signaled intersection on the West side of Sedona. New roof and terrace surfaces in 2015. Elevator and fire sprinkler system. Zoning is C-1. This building was designed by Steve Thompson, and truly a property to be proud of. Property is currently vacant. Alta Survey, topographic survey, and Phase 1 available upon request.
The Commercial Building at 15 Cultural Park Place, Parcel 408-11-176A, is located at the main entry to the Cultural Park at the intersection of West Sedona Route 89A and Cultural Park Place. At the intersection of 89A, there is a Marriott Courtyard and Residence Inn (being built), Yavapai College, Sedona Red Rock High School & the Sedona Performing Arts Center, and Diamond Resort Timeshare.
This commercial building shall be sold WITH its adjoining 40-acre vacant land (10 Parcels), known as the "CULTURAL PARK", which is listed separately as "VACANT LAND" at $19,900,000, unless a buyer or developer refuses to purchase the building in conjunction with the vacant land. This land is one of two of the largest undeveloped properties left in and around Sedona. Approved for the property are outlined in the Sedona Community Plan update for the Western Gateway Community Focus Area (CFA) and this Plan serves as a guide intended for use by both public and private entities and is not a regulatory document for future development of this beautiful land and can be provided upon request. Potential uses including housing, lodging, wellness village, center of innovation, conference center, food service, retail, and other commercial uses. Listing agents recently met with the City of Sedona and the City is in favor and supports development of the 40+ acres of vacant land, including residential housing, depending on the overall plan design.
LIST PRICE: $19,900,000 - VACANT LAND
40 CULTURAL PARK PLACE OR 105 CULTURAL PARK PLACE
40.9 ACRES + 9 PARCELS - SEE ATTACHED SUPPLEMENTAL INFO IN REAL ESTATE MLS DOCUMENTS - DRONE VIDEO COMING SOON...
The Sedona Cultural Park property consists of approximately 40.9 acres located in America's most beautiful city, Sedona, AZ. The premier location of the Cultural Park is truly the Gateway to West Sedona with unparalleled red rocks vistas, panoramic views, and sits against US Forest Service land on the west and north property boundaries. The property is accessed from Highway 89A & Cultural Park Place & Arts Village Drive. The Cultural Park is one of two of the largest undeveloped properties left in and around Sedona. Potential uses include housing, lodging, wellness village, center of innovation, conference center, food service, retail and other commercial uses. Examples of approved uses for the property serve as a guide and are outlined in the Sedona Community Plan update for the Western Gateway Community Focus Area City of Sedona (provided upon request). The City of Sedona would need to approve rezoning & land use.
Property Includes: Unpaved Parking Lots; Georgia Frontiere Performing Arts Pavilion, Stage & 5,500 Seats; Maintenance Warehouse.
Alta & Topographic Survey's and Phase 1 available upon request.
The 40.9 acres of vacant land at the Park is $19,900,000.
EVELOPERS & INVESTORS: Envision The Sedona Western Gateway Mixed Use Community Plan & Develop An Innovative, Walkable, Live, Work, Relax, Shop, Eat, Wellness, Performing Arts, Trails, Open Space Environment That Fulfills A Significant Number Of Needs For The Sedona Community & Offer The City Of Sedona & A Transportation Hub Station With Parking To Potentially Transport Thousands Around Sedona Alleviating Traffic Concerns The Residents Discuss. This is the LAST largest piece of land in Sedona that has the potential for an exceptional development!
Location
State AZ
County Yavapai
Zoning C-1
Direction * 26.5 Miles From I-17 (Exit 260 West Camp Verde). Take 89A & head East to Corner of Cultural Park Place (LEFT @ Light). For Sale Sign In Front Of Building.
Interior
Heating Natural Gas
Cooling Central A/C
Flooring Concrete
Exterior
Garage Paved Parking, Structure, Private Parking, Other (See Remarks)
Fence None
Waterfront No
Roof Type Rolled/Hot Mop
Present Use Mixed Use, Office
Parking Type Paved Parking, Structure, Private Parking, Other (See Remarks)
Total Parking Spaces 18
Building
Sewer Sewer-In & Connected, Public Sewer
Water Private Franchise
Others
Senior Community No
Tax ID 408-11-176-A
Financing Carryback
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