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: 7/03/2024 Last Modified: 4/03/2025

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.

More Information MLS# 1065805

ContractAddressLegal

Original List Price: 1979000 Listing Date: 2024-06-06 Status: Active 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

Lot Size: 58077 Aprx Acres: 1.38 Buildings: 2 Total Liveable SqFt: 4617 Source of Measuremnt: County Assessor Stories: 1 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

Tax Info

Taxes: 12341 Tax Year: 2023

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: April - 03 - 2025
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