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Downtown Retail Suite
New
For Lease
$24 SF/Yr CAM $5.58 /USD/SF/YR

223 W Gurley Street, Prescott, AZ 86301

Commercial Lease, Prescott, AZ

Space Size850 SF
Lot Size0.24 Acres
Days on Market2

Property Features for 223 W Gurley Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning DTB
Parking 1
Parking features On Street
Interior features Fire/Smoke Detector, Ceiling Fan(s)
Subdivision Prescott Original Township
Directions Property is on the corner of Granite Street and Gurley Street.
Standard status Active
Lot size 0.24 Acres

Taxes and HOA fees

Tax Description PRESCOTT W 100' LOTS 1 & 2 S 10' OF E 50' LOT 2 S PT OF ALY ALL IN BLK 13 AP5
Legal Description PRESCOTT W 100' LOTS 1 & 2 S 10' OF E 50' LOT 2 S PT OF ALY ALL IN BLK 13 AP5

Utilities

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

Building Details

Year built 1949
Floors in Building 1
Number of units 6
Flooring type Laminate
Building materials Stucco, Vanilla Shell
Roof type Rolled Hot Mop
Listing Agency: Arizona Commercial
Listed By: Abigail Chartier · License #SA710066000
Added: Sep 21 Changed: Sep 22 Last Checked: Sep 22 at 10:06PM
MLS# 1085230

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 retail space at 223 W Gurley Street is configured for retail, service, or professional use within Prescott’s downtown commercial district. The suite includes a vanilla-shell interior with laminate flooring, ceiling fans, fire and smoke detection, central air, gas cooling, and natural-gas heating. The building dates to 1949 and features stucco construction with a rolled hot-mop roof.

The property sits along the Gurley Street corridor near Courthouse Plaza and Whiskey Row. The location provides access to pedestrian and vehicle activity, downtown public parking, and available signage opportunities. Zoning is DTB, with public water and phone service available. On-street parking serves the property.

Key Highlights

  • 223 W Gurley Street in downtown Prescott
  • Near Courthouse Plaza and Whiskey Row
  • DTB zoning with retail, service, and professional use potential

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Parking Lot & Garage Clothing & Fashion Store Supermarket

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

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,983
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 73% Dining 23% Hotels & Casinos 4%
Shell Shops & Services
6,127 visits/mo 0.5 miles
Chase Bank Shops & Services
5,350 visits/mo 0.2 miles
Rosati's Chicago Pizza Dining
3,658 visits/mo 0.1 miles
The UPS Store Shops & Services
3,349 visits/mo 0.2 miles
Parlor Doughnuts Dining
1,412 visits/mo 0.1 miles

Demographics for 86301, AZ

25,115
Population
13,863
Households
1.8
Avg Household Size
57
Median Age
37%
College-Educated
96%
High-School Grad
33.4 sq mi
ZIP Area
752
Density / Sq Mi
$71,962
Median Household Income
$33,989
Median Earnings
$1,580
Median Rent
$495,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Prescott, AZ

$19.23 /SF/Yr
Avg Asking Price
$12–$32 /SF/Yr
Price Range
2,113 SF
Avg Space Size

This space is priced 25% above the average of $19.23 /SF/Yr.

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Leasing opportunity with street exposure, on-street parking, and access to downtown Prescott amenities.
Where is this retail space located?
The property is located at 223 W Gurley Street Prescott, AZ.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 223 W Gurley Street in downtown Prescott; Near Courthouse Plaza and Whiskey Row; DTB zoning with retail, service, and professional use potential
More about this property
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