$875,000
Prescott, AZ 86303
MLS# 1077021
3 baths | 3601 sqft
1 / 27
Property Description
Situated less than a mile south of Prescott's downtown Courthouse Square, the property fronts State Route 89, a main state highway entering Prescott from the south. The 2-story building consists of 3 suites. Current tenants include a travel agency in year 2 of a 10 year lease as anchor tenant, an esthetician studio with a new 5 year lease and a home improvement company with a new 2 year lease. Generous rent escalations allow for investment growth. The property recently had exterior paint as well as new interior paint and flooring in 2 of the suites. There are 11 on-site parking spaces which were recently re-striped as well as street parking. Collectively, these attributes position the property as a solid addition to an investment portfolio near the thriving downtown Prescott core.
Details
Maps
Contract/Address/Legal
List Price/SqFt: 243
Comm Type: Office
REO/Short Sale: Not Applicable
Zoning: BG
Zoning Description: Business General
Assessor's Book #: 109
Assessor's Map #: 15
Assessor's Parcel #: 11
Assessor Parcel Ltr: c
Legal: TRAPPMAN ADDN ERLY PTN OF LOTS 22 & 23 & W2 OF ABANDONED ALLEY LY ING ALONG E SIDE OF LOTS 22 & 23 BLK 1
General Property Description
Aprx Acres: 0.19
Lot Size: 8,276
Buildings: 1
Source of Measuremnt: County Assessor
Stories: 2
Parking Spaces: 11
Management: Owner
Vac Rate %: 0
CAM $: 5.87
GRM: 0
CC & R: No
CC & R Fees: 0
Property Use: Investment Prop
Construction Status: Existing
Max Contgs/Bldg Sz: 1188
Solar Y/N: No
Space Available: No
Date Available: 2026-06-15
Suite #: A,B,C
Total Liveable SqFt: 3601
Year Built: 1992
NOI $: 56625
Cap %: 6.47
Baths - Full: 3
Total Bathrooms: 3
Tax Info
Taxes: 4853
Tax Year: 2025
Remarks & Misc
Directions: South on Montezuma to curve as it becomes White Spar Road, building is on the south side of road.
Remarks: Situated less than a mile south of Prescott's downtown Courthouse Square, the property fronts State Route 89, a main state highway entering Prescott from the south. The 2-story building consists of 3 suites. Current tenants include a travel agency in year 2 of a 10 year lease as anchor tenant, an esthetician studio with a new 5 year lease and a home improvement company with a new 2 year lease. Generous rent escalations allow for investment growth. The property recently had exterior paint as well as new interior paint and flooring in 2 of the suites. There are 11 on-site parking spaces which were recently re-striped as well as street parking. Collectively, these attributes position the property as a solid addition to an investment portfolio near the thriving downtown Prescott core.
Office/Member Info
Listing Exclusions: No
Building Type
2-4 Units: 1
Office - Building: 1
Construction
Frame - Wood: 1
Stucco: 1
Cooling
Central Air: 1
Heat Pump: 1
External Amenities
Landscaped: 1
Paved Parking: 1
Flooring
Carpet: 1
Tile: 1
Wood: 1
Heating
Electric: 1
Heat Pump: 1
Records Available
Other - See Remarks: 1
Road Responsibility
City: 1
City Maintained Road: 1
Paved: 1
Roof
Asphalt Shingle: 1
Bathrooms
ADA: 1
Exterior: 1
Interior: 1
Business Location
Freestanding Bldg: 1
Office/Professional: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
Commercial Amenities
Ceiling Ht. Under 12: 1
Utilities Installed
220: 1
Electricity: 1
Master Meter: 1
Security System: 1
Telephone: 1
Underground: 1
Water - City: 1
WWT - City Sewer: 1
Internal Amenities
Bathroom: 1
Fire/Smoke Detector: 1
Security/Alarm: 1
Parking
On-Site: 1
Street Parking: 1
ContractAddressLegal
Original List Price: 780000
Listing Date: 2025-10-03
Status: Active
Listing Price: 875000
Street #: 223
Street Name: White Spar
St Suffix: Road
City/Township: Prescott
State: AZ
Zip Code: 86303
Subdivision: None
County: Yavapai
Tax Parcel: 109-15-011c
Property Features
Bathrooms: ADA; Exterior; Interior
Building Type: 2-4 Units; Office - Building
Business Location: Freestanding Bldg; Office/Professional
Commercial Amenities: Ceiling Ht. Under 12
Construction: Frame - Wood; Stucco
Cooling: Central Air; Heat Pump
External Amenities: Landscaped; Paved Parking
Flooring: Carpet; Tile; Wood
Heating: Electric; Heat Pump
Internal Amenities: Bathroom; Fire/Smoke Detector; Security/Alarm
Parking: On-Site; Street Parking
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road; Paved
Roof: Asphalt Shingle
Utilities Installed: 220; Electricity; Master Meter; Security System; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: Invest Southwest
Last Updated: June - 15 - 2026
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