1297-1299 E Gurley Street, Prescott, AZ 86301

Building Details

Year Built

1979

Listing agent Invest Southwest

Listing office Show Phone

Listing date Jun 5, 2024

Source Xome

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Overview

Available for the first time in nearly a century, this property is located at the entrance to Prescott, at the interchange of Highways 69/89, Gurley Street, and Sheldon Street, where the major roads to and from Downtown Prescott converge. The property consists of approximately 1.38 acres with two retail buildings. One building is leased to Koko Grill, offering an income opportunity with a lease expiring on August 28, 2025, and includes two 5-year options with annual escalations. The other building, formerly Enterprise Rental Car, is a vacant 1,385 square foot space that can be repurposed or redeveloped in conjunction with the excess land on this oversized parcel. The Business General zoning allows for a variety of commercial and/or residential uses, including retail, office, or multifamily, presenting a tremendous redevelopment opportunity.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

Location Insight

• Map
• Local Demand

City

Prescott

County

Yavapai

State

Arizona

Longitude

-112.4525025

Latitude

34.5448524

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FAQs

What type of property is this?

Retail space - Exceptional location with income opportunity and redevelopment potential.

Where is this retail space located?

The property is located at 1297-1299 E Gurley Street Prescott, AZ.

What is the asking price?

The asking price for this property is $1,979,000.

What are key features of this property?

This property features: Exceptional high‑traffic location at the entrance to Prescott.; Significant redevelopment opportunity on a +/-1.38 acre parcel with Business General zoning.; Existing income opportunity from Koko Grill, with a lease extending to 8/28/25.