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805 White Spar Rd Prescott, AZ 86303

Sponsored
For Sale
$1,950,000

Downtown Prescott motel, 11 units, .59 acres

Property size:
4,404 SF

Description

Added:
Feb 3, 2025
Days on Market:
357
This exceptional investment opportunity presents a downtown Prescott apartment/motel complex and an adjacent vacant commercial parcel, totaling approximately 0.59 acres of BG zoned land. The property is listed at $1,950,000 and comprises three adjacent buildings encompassing 4,404 square feet. Eleven studio-style guest rooms are available, along with a one-bedroom suite ideal for an on-site manager's office or residence. The complex offers convenient amenities including a shared kitchen area, a storage room, and a newly installed laundry room equipped with four coin-operated washers and dryers. Eleven on-site parking spaces are provided, located in front and to the side of the studio units, with additional parking available on the east side of the property. The inclusion of the adjacent 0.23-acre vacant commercial parcel presents significant potential for expansion or future development. This property is situated in a prime downtown Prescott location, offering strong potential for rental income and future appreciation. The combination of existing income-generating units and the vacant land makes this a versatile and attractive investment opportunity.

Property Features for 805 White Spar Rd

General Information

Property type
Other commercial real estate
Square Feet
4,404 SF
Lot Size
25,700 SF

Building Details

Year Built
2024

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Listing Contact
Raymond Zogob

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Property Insight Report

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Current Use by Public Records

Recovery In the Pines Alcoholism Treatment Program Cascade Motel Motel

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Prescott
County
Yavapai
State
Arizona
Longitude
-112.4786
Latitude
34.52758

FAQs

What type of property is this?
Commercial real estate - Downtown Prescott motel, 11 units, .59 acres
Where is this commercial real estate located?
The property is located at 805 White Spar Rd Prescott, AZ.
What is the asking price?
The asking price for this property is $1,950,000.
More about this property
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