223 White Spar Road, Prescott, AZ 86303

$875,000
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: 7/29/2026

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

Tax Info

Taxes
4853
Tax Year
2025

More Information

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: July - 29 - 2026
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.
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