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    447 S Montezuma St Prescott, AZ 86303

    For Lease
    $20 SF/Yr ($15,246 /Mo)

    COMMERCIAL - Prescott, AZ

    Type:Retail
    Lot size:
    0.21 Acres
    Days on Market:
    105
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 447 S Montezuma St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Property condition
    Under Construction
    Standard status
    Active
    Zoning
    BR
    Rooms
    Kitchen
    Parking features
    On Street
    Exterior features
    Handicap Access
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.21 Acres

    Utilities

    Utilities
    Phone Available
    Heating system
    Natural Gas
    Cooling system
    Gas (Cooling)
    Water source
    Public

    Building Details

    Year built
    2024
    Number of units
    1
    Flooring type
    Tile
    Building materials
    Block
    Roof type
    Rolled Hot Mop

    Better Homes And Gardens Real Estate Bloomtree Realty (928) 848-3400

    Listing agent Raymond G. Zogob (619) 997-3329

    Listing date Sep 2, 2025

    Copyright © 2025 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Retail Space in Prescott

    This is a rare opportunity to lease a fully renovated retail space, encompassing approximately 2,667 square feet, situated on a 0.21-acre lot zoned BR. The property is located on highly visible and trafficked S. Montezuma Street in downtown Prescott. The building, formerly a Circle K, was completely renovated in 2024 into a versatile retail destination. Currently operating as The Edison Market, the space blends a local market, eatery, and coffee bar. The interior features an open floor plan, a 20-foot service counter, and a 25-foot built-in reach-in refrigerator system. Tenants have the option to continue operating the current Edison Market concept or bring their own unique vision to the space. An adjacent parcel, approximately 45' x 60', located behind the building provides added flexibility and is suitable for an outdoor patio, event space, or secondary food and beverage concept. The property is zoned BR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Edison Market Restaurant ATM Atm

    Suggested Use

    Law Firm Restaurant Dental Office Spa & Massage Hair Salon Realty agency Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Safeway

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.47018
    Latitude
    34.534354

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    FAQs

    What type of property is this?
    Grocery and convenience store - Prime retail space available for lease in downtown Prescott.
    Where is this grocery and convenience store located?
    The property is located at 447 S Montezuma St Prescott, AZ.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Fully renovated in 2024, offering a modern and updated retail space.; - Prime location on highly visible and trafficked S. Montezuma Street in downtown Prescott.; - Versatile space suitable for continuing the current Edison Market concept or implementing a new retail vision.
    (619) 997-3329
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    Prescott, AZ 86303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    447 S Montezuma St Prescott, AZ 86303
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