$349,000
Bullhead City, AZ 86442
MLS# 6897924

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Property Description
Fully finished, fully occupied cash flowing executive suites office condo for sale. Stable tenant base and 100% occupied. Situated within the professionally managed Colorado Place, this office condo investment offering is ideally situated in the middle of The Golden Mile of Highway 95 and strategically located near prime retail activity. Ample parking in this highly visible office location along Mohave Valley Highway. Well maintained property with beautiful mountain views in densely populated trade-area with a population in excess of 50k withing a 5 mile radius.
Details
Maps
Contract Info
Ownership: Condominium
Current Price: $349,000
List Price: $349,000
Status: Active
List Date: 2025-07-27
Location, Tax & Legal
Unit #: 103
Assessor's Map #: 61
Legal Description (Abbrev): COLORADO PLACE BUSINESS CONDOMINIUMS TRACT 5141 AMENDED UNIT 103
Assessor's Parcel #: 3
Add'l Parcels: Yes
Tax Municipality: Bullhead City
Census Tract: 951502
Taxes: 2676
Legal: COLORADO PLACE BUSINESS CONDOMINIUMS TRACT 5141 AMENDED UNIT 103
House Number: 2585
Compass: N
Street Name: MIRACLE MILE
St Suffix: Road
City/Town Code: Bullhead City
State/Province: AZ
Zip Code: 86442
Zip4: 7553
County Code: Mohave
Subdivision: COLORADO PLACE BUSINESS CONDOMINIUMS
Assessor Number: 220-61-003
Tax Year: 2024
General Property Description
Ttl Apx SqFt Bldg: 2000
# of Buildings: 1
Uncvrd Parking Spcs: 9
Year Built: 2000
Zoning: Commercial
Currently Not Used
Sold Price Per SqFt: 174.5
Construction
Other: 1
Roofing
Other: 1
Floors
Other: 1
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 3600
Operating Exp: 6276
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 35000
Building Type
Commercial: 1
Office: 1
Business Type
Barber/Beauty: 1
Mixed: 1
Medical: 1
Professional/Office: 1
Retail: 1
Pmt & Rate Info
Cap Rate: 4.35
Equity: 349000
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Ceiling Height
10.1 Feet to 12 Feet: 1
Heating
See Remarks: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Loading Facilities
None: 1
Source of Fincl Data
Owner: 1
Fencing
Other: 1
Water Source
Other: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Parking Lot: 1
Paved: 1
Electric
Other (See Remarks): 1
Gas
Other (See Remarks): 1
New Financing
Cash Only: 1
Other (See Remarks): 1
Reports/Disclosures
None: 1
Environmental
None: 1
Remarks Misc
Geo Lat: 35.093007
Geo Lon: -114.596957
Legal Info
Lot Number: 103-104
Income Expenses
Gross Annual Sch Inc: 35000
Net Operating Income: 15189
Property Features
Building Type: Commercial; Office
Business Type: Barber/Beauty; Mixed; Medical; Professional/Office; Retail
Construction: Other
Roofing: Other
Floors: Other
Ceiling Height: 10.1 Feet to 12 Feet
Heating: See Remarks
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished
Fencing: Other
Parking Features: Free; Parking Lot; Paved
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: Other
Sewer: Sewer - Public
New Financing: Cash Only; Other (See Remarks)
Lockbox Type: None
Source of Fincl Data: Owner
Environmental: None
Listing Office: Kidder Mathews
Last Updated: March - 19 - 2026
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