$295,000
Prescott, AZ 86303
MLS# 1073500
2667 sqft
1 / 25
Property Description
A rare 'business only' opportunity to purchase this fully renovated ±2,667 SF prime retail space on a .21-acre BR-zoned lot, located along highly visible and trafficked S. Montezuma Street in downtown Prescott. This iconic location, formerly a Circle K convenience store, was completely transformed in 2024 into a dynamic and versatile retail destination. Currently operating as The Edison Market, this vibrant concept blends a popular local market, chef-driven eatery, and specialty coffee bar - all under one roof. It has quickly become a local favorite among both residents and visitors. The Edison Market is being offered as a 'business only' sale for $295,000 which includes all of FF&E, brand/trademark licensing, and access to a Series 6 liquor license. The interior features a spacious, open floor plan, a 20-foot service counter, and a 25-foot built-in reach-in refrigerator system, ideal for showcasing a wide assortment of beverages and food offerings. The owner will have the option to continue operating the current Edison Market concept and/or bring their own unique vision to the space. An adjacent ±45' x 60' parcel located behind the building provides added value and flexibility and is perfect for an outdoor patio, event space, or secondary food and beverage concept. Optional Purchase Opportunities include: 1) For Lease Only - The property is available for lease at $4,500/month (modified gross); 2) Real Estate & Business Package - Purchase the entire property, business, FF&E, brand rights, and liquor license for $1,500,000.
Details
Maps
Contract/Address/Legal
List Price/SqFt: 111
Neighborhood: N/A
Business Op Type: Bus Op No Real Est
REO/Short Sale: Not Applicable
Business Type: Food/Beverage
Zoning: BR
Business Name: The Edison Market - Market, Coffee, Eatery
Assessor's Book #: 109
Assessor's Map #: 3
Assessor's Parcel #: 97
Legal: PRESCOTT LOT 24 BLK 32 STRIP 10X150' OF LEROUX ST ADJ ON S OF LOT 24 BLK 32 AP3
General Property Description
Aprx Acres: 0.21
Lot #: 24
Source of Measuremnt: County Assessor
Year Est: 2024
CC & R: No
Total Liveable SqFt: 2667
Year Built: 2024
Remarks & Misc
Autopop: No
Directions: From the downtown Courthouse Square, head south 3 blocks on Montezuma St. Both properties will be on the hard street corners at the northeast intersection of S. Montezuma St and W. Leroux St. Look for the tall monument signage in front of the orange and white building that marks the Edison Market.
Remarks: A rare 'business only' opportunity to purchase this fully renovated ±2,667 SF prime retail space on a .21-acre BR-zoned lot, located along highly visible and trafficked S. Montezuma Street in downtown Prescott. This iconic location, formerly a Circle K convenience store, was completely transformed in 2024 into a dynamic and versatile retail destination. Currently operating as The Edison Market, this vibrant concept blends a popular local market, chef-driven eatery, and specialty coffee bar - all under one roof. It has quickly become a local favorite among both residents and visitors. The Edison Market is being offered as a 'business only' sale for $295,000 which includes all of FF&E, brand/trademark licensing, and access to a Series 6 liquor license. The interior features a spacious, open floor plan, a 20-foot service counter, and a 25-foot built-in reach-in refrigerator system, ideal for showcasing a wide assortment of beverages and food offerings. The owner will have the option to continue operating the current Edison Market concept and/or bring their own unique vision to the space. An adjacent ±45' x 60' parcel located behind the building provides added value and flexibility and is perfect for an outdoor patio, event space, or secondary food and beverage concept. Optional Purchase Opportunities include: 1) For Lease Only - The property is available for lease at $4,500/month (modified gross); 2) Real Estate & Business Package - Purchase the entire property, business, FF&E, brand rights, and liquor license for $1,500,000.
Construction
Block: 1
Cooling
Gas Pack: 1
External Amenities
Handicap Access: 1
Parking: 1
Heating
Gas Pack: 1
Natural Gas: 1
Roof
Rolled/Hot Mop: 1
Bathrooms
Handicap Accessible: 1
Interior: 1
Separate M & W: 1
Business Location
Corner Location: 1
Freestanding Bldg: 1
Other - See Remarks: 1
Terms & Conditions
Conventional: 1
Lease Purchase: 1
Submit: 1
Utilities Installed
220: 1
Electricity: 1
Master Meter: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Current Use
Restaurant/Bar: 1
Retail: 1
C-Store: 1
Internal Amenities
Kitchen: 1
Info on File
Equipment List: 1
Inventory List: 1
P & L: 1
Proforma: 1
Sale Includes
Equipment: 1
Fixtures: 1
Inventory: 1
License(s): 1
Stock Assets: 1
Training: 1
Other - See Remarks: 1
ContractAddressLegal
Original List Price: 300000
Listing Date: 2025-05-22
Status: Active
Listing Price: 295000
Street #: 447
Direction: S
Street Name: Montezuma
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86303
County: Yavapai
Tax Parcel: 109-03-097
Property Features
Bathrooms: Handicap Accessible; Interior; Separate M & W
Construction: Block
Current Use: Restaurant/Bar; Retail; C-Store
External Amenities: Handicap Access; Parking
Internal Amenities: Kitchen
Heating: Gas Pack; Natural Gas
Cooling: Gas Pack
Roof: Rolled/Hot Mop
Info on File: Equipment List; Inventory List; P & L; Proforma
Utilities Installed: 220; Electricity; Master Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Sale Includes: Equipment; Fixtures; Inventory; License(s); Stock Assets; Training; Other - See Remarks
Business Location: Corner Location; Freestanding Bldg; Other - See Remarks
Supplements
The Edison Market offers a unique opportunity to own and/or operate a unique hospitality brand. Established in April 2024, The Edison Market is a +/-2,667 sf unique and vibrant retail concept located in the heart of Prescott, AZa rapidly growing tourist destination. Formerly a Circle K store, this property has been transformed into a local community hub and visitor favorite, offering craft coffee, a chef-driven eatery, and a curated local market that is all under one roof. Now federally trademarked, The Edison Market brand is federally trademarked and has been built for expansion across Arizona and beyond. This flagship turnkey location is primed and ready for the continued brand development into a multi-location concept.
Situated on .21 acres of BR zoned land, the market offers a large open floor plan with counter service and a 25-foot long built-in and reach-in row of refrigerators that offer a large variety of both alcoholic and non-alcoholic beverages. A +/- 45'X60' vacant parcel is located behind the Edison that offers many future growth opportunities which may include the addition of an outdoor patio space or the construction of additional motel units.
The Edison Market is conveniently being offered for sale in several formats.
1) The real estate can be purchased along with the adjacent 14-room Motor Lodge for a sales price of $4,300,0000 which includes the business, FF&E and all assets.
2) The real estate can be purchased or leased separately from the adjacent 14-room Motor Lodge for a sales price of $1,500,0000 which includes the business and all assets
3) The business can be purchased separately for $300,000 which includes the FF&E, and licensing of the trademark brand.
4) The real estate and business can be leased for $4,500/mo gross.
All of the above scenarios include either the purchase or access to the #6 liquor license.
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: September - 02 - 2025
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