223 White Spar Road, Prescott, AZ 86303

$875,000

223 White Spar-Aerial View Front Parking

Property Type: Commercial/Indstrial Baths: 3 Square Footage: 3,601 Lot Size (sq. ft.): 8,276 Status: Active

Current Price: $875,000 List Date: 10/07/2025 Last Modified: 6/15/2026

Overview

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.

Listing Details MLS# 1077021

ContractAddressLegal

Original List Price: 780000
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

General Property Description

Aprx Acres: 0.19
Buildings: Yes
Total Liveable SqFt: 3601
Source of Measuremnt: County Assessor
Stories: 2
Parking Spaces: 11
Year Built: 1992
Management: Owner
NOI $: 56625
Cap %: 6.47
CAM $: 5.87
Baths - Full: 3
Property Use: Investment Prop
Construction Status: Existing
Max Contgs/Bldg Sz: 1188
Solar Y/N: No
Space Available: No
Date Available: 2026-06-15
Total Bathrooms: 3
Suite #: A,B,C
CC & R: No
Vac Rate %: 0
GRM: No
CC & R Fees: 0

Tax Info

Taxes: 4853
Tax Year: 2025

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

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

More Information

Building Type

2-4 Units: Yes
Office - Building: Yes

Construction

Frame - Wood: Yes
Stucco: Yes

Cooling

Central Air: Yes
Heat Pump: Yes

External Amenities

Landscaped: Yes
Paved Parking: Yes

Flooring

Carpet: Yes
Tile: Yes
Wood: Yes

Heating

Electric: Yes
Heat Pump: Yes

Records Available

Other - See Remarks: Yes

Road Responsibility

City: Yes
City Maintained Road: Yes
Paved: Yes

Roof

Asphalt Shingle: Yes

Bathrooms

ADA: Yes
Exterior: Yes
Interior: Yes

Business Location

Freestanding Bldg: Yes
Office/Professional: Yes

Terms & Conditions

1031 Exchange: Yes
Conventional: Yes

Commercial Amenities

Ceiling Ht. Under 12: Yes

Utilities Installed

220: Yes
Electricity: Yes
Master Meter: Yes
Security System: Yes
Telephone: Yes
Underground: Yes
Water - City: Yes
WWT - City Sewer: Yes

Internal Amenities

Bathroom: Yes
Fire/Smoke Detector: Yes
Security/Alarm: Yes

Parking

On-Site: Yes
Street Parking: Yes

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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