2585 N MIRACLE MILE Road 103, Bullhead City, AZ 86442

$349,000

Property Type: Comm/Industry Sale Square Footage: 2,000 Lot Size (sq. ft.): 2,000 Status: Active

Current Price: $349,000 List Date: 7/27/2025 Last Modified: 3/19/2026

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.

More Information MLS# 6897924

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