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: Pending
Current Price: $1,979,000 List Date: 8/07/2025 Last Modified: 8/07/2025

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

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
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