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Flex Space with Gated Yard
For Lease
$10 SF/Yr
Pending

222 1/2 S Montezuma Street, Prescott, AZ 86303

Commercial Lease, Prescott, AZ

Space Size5,000 SF
Lot Size0.48 Acres
Days on Market227

Property Features for 222 1/2 S Montezuma Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning DTB
Parking 2
Parking features On Street
Exterior features Drip System, Fence
Fencing Fenced
Lot features Sprinklers In Front
Directions Adjacent to Mile High's track and field, on the South Montezuma alley way.
Standard status Pending
Lot size 0.48 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Prescott Original Townsite per MAP 4 22 Block 19, Lots 9, 11, and 13, less the south 10 ft of Lot 13.
Tax Annual Amount 11307
Legal Description Prescott Original Townsite per MAP 4 22 Block 19, Lots 9, 11, and 13, less the south 10 ft of Lot 13.

Utilities

Utilities Phone Available
Heating system Natural Gas
Cooling system Ductless
Water source Public

Building Details

Year built 1920
Floors in Building 1
Number of units 8
Flooring type Concrete, Carpet
Building materials Gray Shell
Roof type Asphalt
Listing Agency: Arizona Commercial
Listed By: Abigail Chartier · License #SA710066000
Added: Mar 2 Changed: Oct 12 Last Checked: Oct 15 at 11:06AM
MLS# 1079935

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 5,000-square-foot flex property includes an open warehouse area measuring approximately 70 by 45 feet, two private offices, storage rooms, a breakroom, and two restrooms. Concrete and carpet flooring, natural gas heat, ductless cooling, and gray-shell construction are among the building features. A patio area is also included, along with fenced yard space and gated parking.

The property offers entry from Montezuma Street and a rear alley, providing two points of access for day-to-day operations. Its 0.48-acre site is within downtown Prescott. DTB zoning and the combination of warehouse, office, and support areas provide a range of potential configurations, including light industrial, storage, distribution, and service-oriented uses.

Key Highlights

  • 5,000 square feet of flex space
  • Main warehouse area is approximately 70' x 45'
  • Two private offices, storage rooms, a breakroom, and two restrooms

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Dental Office Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,896
Businesses Nearby
Balanced
Demand for This Use

Demographics for 86303, AZ

18,201
Population
12,255
Households
1.5
Avg Household Size
61
Median Age
41%
College-Educated
96%
High-School Grad
107.2 sq mi
ZIP Area
170
Density / Sq Mi
$68,656
Median Household Income
$44,428
Median Earnings
$1,309
Median Rent
$502,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Prescott, AZ

$14.04 /SF/Yr
Avg Asking Price
$7.57–$25 /SF/Yr
Price Range
3,287 SF
Avg Space Size

This space is priced 29% below the average of $14.04 /SF/Yr.

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - A 5,000-square-foot facility combines warehouse workspace with offices, storage, and customer-facing areas.
Where is this flex space located?
The property is located at 222 1/2 S Montezuma Street Prescott, AZ.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 5,000 square feet of flex space; Main warehouse area is approximately 70' x 45'; Two private offices, storage rooms, a breakroom, and two restrooms
More about this property
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