1297-1299 E Gurley Street, Prescott, AZ 86301

$1,979,000

Property Type: Commercial/Indstrial Square Footage: 4,617 Lot Size (sq. ft.): 60,113 Status: Active

Current Price: $1,979,000 List Date: 3/25/2026 Last Modified: 3/25/2026

Overview

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.

Listing Details MLS# 1065805

ContractAddressLegal

Original List Price: 1979000
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

General Property Description

Aprx Acres: 1.38
Buildings: 2
Total Liveable SqFt: 4617
Source of Measuremnt: County Assessor
Stories: Yes
Parking Spaces: 100
Year Built: 1979
Management: Owner
Vac Rate %: 50
NOI $: 39338
Baths - Full: 2
Max Contgs/Bldg Sz: 2241
Space Available: No
CC & R Fees: 3628
CAM $: 0
GRM: No

Tax Info

Taxes: 12341
Tax Year: 2023

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 #: Yes
Legal: LOT 1 BLOCK A GREEN MANOR HEIGHTS BOOK 4 PAGE 7

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: Yes
Auto: Yes
Retail - Free Stand: Yes

More Information

Construction

Other - See Remarks: Yes

Cooling

Central Air: Yes

External Amenities

Paved Parking: Yes

Flooring

Carpet: Yes
See Remarks: Yes

Heating

See Remarks: Yes

Records Available

Other - See Remarks: Yes

Road Responsibility

City: Yes
City Maintained Road: Yes

Roof

Other - See Remarks: Yes

Bathrooms

Interior: Yes

Business Location

Corner Location: Yes

Terms & Conditions

1031 Exchange: Yes
Conventional: Yes
SBA: Yes

Commercial Amenities

Ceiling Ht. 12-15: Yes
Ceiling Ht. Under 12: Yes
Roll-Up Door(s): Yes

Utilities Installed

Electricity: Yes
Water - City: Yes
WWT - City Sewer: Yes

Internal Amenities

Bathroom: Yes
Kitchen: Yes
Security/Alarm: Yes

Parking

On-Site: Yes

Pets/Animals

None: Yes

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: March - 25 - 2026

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