$1,979,000
Prescott, AZ 86301
MLS# 1065805
Status: Pending
4617 sqft
1 / 4
Property Description
First time on the market in nearly a century, this exceptional location at the entrance to Prescott is now available. Located at the interchange of Hwys 69/89 and Gurley Street and Sheldon Street. The major roads to and from Downtown Prescott come together here. The property consists of ±1.38 acres with 2 retail buildings. Koko Grill offers an income opportunity, lease to 8/28/25, two 5-year options with annual escalations. The vacant 1,385 SF building, formerly Enterprise Rental Car, can be repurposed or redeveloped in conjunction with the excess land on this over-sized parcel. Tremendous redevelopment opportunity for a variety of commercial and/or residential uses in Business General zoning, including retail, office or multifamily.
Details
Maps
Contract/Address/Legal
List Price/SqFt: 429
Neighborhood: N/A
Comm Type: Other
REO/Short Sale: Not Applicable
Zoning: BG
Zoning Description: Business General
Assessor's Book #: 114
Assessor's Map #: 6
Assessor's Parcel #: 1
Legal: LOT 1 BLOCK A GREEN MANOR HEIGHTS BOOK 4 PAGE 7
General Property Description
Aprx Acres: 1.38
Lot Size: 58077
Buildings: 2
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 100
Management: Owner
Vac Rate %: 50
CAM $: 0
GRM: 0
CC & R Fees: 3628
Max Contgs/Bldg Sz: 2241
Space Available: No
Total Liveable SqFt: 4617
Year Built: 1979
NOI $: 39338
Baths - Full: 2
Tax Info
Taxes: 12341
Tax Year: 2023
Remarks & Misc
Directions: Located at the junction of Highways 69/89 and the Junction of Gurley Street and Sheldon Street at the eastern entrance to Downtown Prescott AZ. Enter at the drive on the west side of Koko's Grill or off Robinson Drive.
Remarks: First time on the market in nearly a century, this exceptional location at the entrance to Prescott is now available. Located at the interchange of Hwys 69/89 and Gurley Street and Sheldon Street. The major roads to and from Downtown Prescott come together here. The property consists of ±1.38 acres with 2 retail buildings. Koko Grill offers an income opportunity, lease to 8/28/25, two 5-year options with annual escalations. The vacant 1,385 SF building, formerly Enterprise Rental Car, can be repurposed or redeveloped in conjunction with the excess land on this over-sized parcel. Tremendous redevelopment opportunity for a variety of commercial and/or residential uses in Business General zoning, including retail, office or multifamily.
Building Type
2-4 Units: 1
Auto: 1
Retail - Free Stand: 1
Construction
Other - See Remarks: 1
Cooling
Central Air: 1
External Amenities
Paved Parking: 1
Flooring
Carpet: 1
See Remarks: 1
Heating
See Remarks: 1
Records Available
Other - See Remarks: 1
Road Responsibility
City: 1
City Maintained Road: 1
Roof
Other - See Remarks: 1
Bathrooms
Interior: 1
Business Location
Corner Location: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
SBA: 1
Commercial Amenities
Ceiling Ht. 12-15: 1
Ceiling Ht. Under 12: 1
Roll-Up Door(s): 1
Utilities Installed
Electricity: 1
Water - City: 1
WWT - City Sewer: 1
Internal Amenities
Bathroom: 1
Kitchen: 1
Security/Alarm: 1
Parking
On-Site: 1
Pets/Animals
None: 1
ContractAddressLegal
Original List Price: 1979000
Listing Date: 2024-06-06
Status: Pending
Listing Price: 1979000
Street #: 1297-1299
Direction: E
Street Name: Gurley
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86301
Subdivision: Green Manor Heights
County: Yavapai
Tax Parcel: 114-06-001
Status Change Info
Under Contract Date: 2025-08-07
Property Features
Bathrooms: Interior
Building Type: 2-4 Units; Auto; Retail - Free Stand
Business Location: Corner Location
Commercial Amenities: Roll-Up Door(s); Ceiling Ht. Under 12; Ceiling Ht. 12-15
Construction: Other - See Remarks
Cooling: Central Air
External Amenities: Paved Parking
Flooring: Carpet; See Remarks
Heating: See Remarks
Internal Amenities: Bathroom; Kitchen; Security/Alarm
Parking: On-Site
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road
Roof: Other - See Remarks
Utilities Installed: Electricity; Water - City; WWT - City Sewer
Listing Office: Invest Southwest
Last Updated: August - 07 - 2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.