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1297-1299 Gurley St Prescott, AZ 86301

For Sale
$1,979,000

High-traffic location, two buildings, income potential.

Property size:
4,617 SF

Description

Added:
Feb 3, 2025
Days on Market:
311
This exceptional Prescott commercial property presents a rare investment opportunity. Situated at the crucial intersection of SR 89 and SR 69, plus Gurley and Sheldon Streets, this 1.38-acre lot enjoys unparalleled visibility and accessibility. The property features two existing buildings totaling 4,617 square feet. One building houses Koko Grill, a tenant currently under lease until August 28, 2025, with two five-year option periods and annual rent escalations, providing immediate income potential. The second building, previously occupied by Enterprise Rent-A-Car, offers 1,385 square feet of adaptable space, perfect for repurposing or redevelopment. This oversized lot, zoned Business General, allows for a wide range of commercial and/or multifamily uses, making it an ideal site for expansion, redevelopment, or a new venture. Its prime location at the gateway to Prescott ensures high traffic volume and strong potential for future growth. The property's strategic position at the convergence of major roadways leading to and from downtown Prescott makes it an exceptional investment for discerning buyers seeking a high-impact commercial asset. The existing income stream from the tenant, coupled with the flexibility of the second building and the expansive lot size, presents a unique opportunity to capitalize on Prescott's thriving commercial market.

Property Features for 1297-1299 Gurley St

General Information

Property type
Other commercial real estate
Square Feet
4,617 SF
Lot Size
60,113 SF

Building Details

Year Built
1979

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop 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
-112.4525
Latitude
34.54485

FAQs

What type of property is this?
Commercial real estate - High-traffic location, two buildings, income potential.
Where is this commercial real estate located?
The property is located at 1297-1299 Gurley St Prescott, AZ.
What is the asking price?
The asking price for this property is $1,979,000.
More about this property
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