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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