447 S Montezuma Street, Prescott, AZ 86303

$1,375,000
Property Type: Commercial/Indstrial Square Footage: 2,667 Lot Size (sq. ft.): 9,148 Status: Active
Current Price: $1,375,000 List Date: 9/02/2025 Last Modified: 10/25/2025

Description

A rare opportunity to purchase both the real estate and business opportunity for this fully renovated ±2,667 SF prime retail space on a .21-acre BR-zoned lot, located along highly visible and trafficked S. Montezuma Street in downtown Prescott. This iconic location, formerly a Circle K convenience store, was completely transformed in 2024 into a dynamic and versatile retail destination. Currently operating as The Edison Market, this vibrant concept blends a popular local market, chef-driven eatery, and specialty coffee bar - all under one roof. It has quickly become a local favorite among both residents and visitors. The Edison Market is being offered as both a real estate and business opportunity sale for $1,500,000 which the 2,667 sf building on the .21 acre property and all of FF&E, brand/trademark licensing, and access to a Series 6 liquor license. The interior features a spacious, open floor plan, a 20-foot service counter, and a 25-foot built-in reach-in refrigerator system, ideal for showcasing a wide assortment of beverages and food offerings. An adjacent ±45' x 60' parcel located behind the building provides added value and flexibility and is perfect for an outdoor patio, event space, or secondary food and beverage concept. Optional Purchase Opportunities include: 1) For Lease Only - The property is available for lease at $4,500/month (modified gross); 2) Business Only - The Edison Market business, including FF&E, brand/trademark licensing, and access to a Series 6 liquor license, is available separately for $295,000. A new owner/tenant will have the option to continue operating the current Edison Market concept and/or bring their own unique vision to the space.

More Information MLS# 1076116

Contract/Address/Legal

List Price/SqFt: 516 Neighborhood: N/A Comm Type: Retail REO/Short Sale: Not Applicable Zoning: BR Assessor's Book #: 109 Assessor's Map #: 3 Assessor's Parcel #: 97 Legal: PRESCOTT LOT 24 BLK 32 STRIP 10X150' OF LEROUX ST ADJ ON S OF LOT 24 BLK 32 AP3

General Property Description

Aprx Acres: 0.21 Lot Size: 9,148 Buildings: 1 Source of Measuremnt: County Assessor Parking Spaces: 11 Management: Owner Vac Rate %: 0 CAM $: 0 GRM: 0 CC & R Fees: 2667 Total Liveable SqFt: 2667 Year Built: 2000 Baths - Full: 1

Tax Info

Taxes: 2708 Tax Year: 2024

Remarks & Misc

Directions: From the downtown Courthouse Square, head south 3 blocks on Montezuma St. Both properties will be on the hard street corners at the northeast intersection of S. Montezuma St and W. Leroux St. Look for the tall monument signage in front of the orange and white building that marks the Edison Market. Remarks: A rare opportunity to purchase both the real estate and business opportunity for this fully renovated ±2,667 SF prime retail space on a .21-acre BR-zoned lot, located along highly visible and trafficked S. Montezuma Street in downtown Prescott. This iconic location, formerly a Circle K convenience store, was completely transformed in 2024 into a dynamic and versatile retail destination. Currently operating as The Edison Market, this vibrant concept blends a popular local market, chef-driven eatery, and specialty coffee bar - all under one roof. It has quickly become a local favorite among both residents and visitors. The Edison Market is being offered as both a real estate and business opportunity sale for $1,500,000 which the 2,667 sf building on the .21 acre property and all of FF&E, brand/trademark licensing, and access to a Series 6 liquor license. The interior features a spacious, open floor plan, a 20-foot service counter, and a 25-foot built-in reach-in refrigerator system, ideal for showcasing a wide assortment of beverages and food offerings. An adjacent ±45' x 60' parcel located behind the building provides added value and flexibility and is perfect for an outdoor patio, event space, or secondary food and beverage concept. Optional Purchase Opportunities include: 1) For Lease Only - The property is available for lease at $4,500/month (modified gross); 2) Business Only - The Edison Market business, including FF&E, brand/trademark licensing, and access to a Series 6 liquor license, is available separately for $295,000. A new owner/tenant will have the option to continue operating the current Edison Market concept and/or bring their own unique vision to the space.

Building Type

Bar: 1 C-Store: 1 Food Service: 1 Retail - Free Stand: 1

Construction

Block/Brick: 1

Cooling

Gas Pack: 1

External Amenities

Handicap Access: 1 Paved Parking: 1

Flooring

Tile: 1

Heating

Natural Gas: 1

Records Available

Other - See Remarks: 1

Road Responsibility

City: 1 Paved: 1

Roof

Rolled/Hot Mop: 1

Bathrooms

ADA: 1 Interior: 1 Separate M and W: 1

Business Location

Corner Location: 1 Freestanding Bldg: 1 Other - See Remarks: 1

Terms & Conditions

1031 Exchange: 1 Lease/Purchase: 1 Submit: 1

Commercial Amenities

Ceiling Ht. 12-15: 1

Utilities Installed

220: 1 Master Meter: 1 Natural Gas: 1 Telephone: 1 Underground: 1 Water - City: 1 WWT - City Sewer: 1

Internal Amenities

Bathroom: 1 Kitchen: 1 Other - See Remarks: 1

Parking

On-Site: 1 Street Parking: 1

ContractAddressLegal

Original List Price: 1500000 Listing Date: 2025-09-02 Status: Active Listing Price: 1375000 Street #: 447 Direction: S Street Name: Montezuma St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86303 County: Yavapai Tax Parcel: 109-03-097

Property Features

Bathrooms: ADA; Interior; Separate M and W Building Type: Bar; C-Store; Food Service; Retail - Free Stand Business Location: Corner Location; Freestanding Bldg; Other - See Remarks Commercial Amenities: Ceiling Ht. 12-15 Construction: Block/Brick Cooling: Gas Pack External Amenities: Handicap Access; Paved Parking Flooring: Tile Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Kitchen; Other - See Remarks Parking: On-Site; Street Parking Records Available: Other - See Remarks Road Responsibility: Paved Roof: Rolled/Hot Mop Utilities Installed: 220; Master Meter; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: October - 25 - 2025
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