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Two-Building Mixed-Use Property
New
For Sale
$1,495,000

607 & 609 W Gurley Street, Prescott, AZ 86305

Commercial Sale, Prescott, AZ

Property Size7,304 SF
Lot Size0.61 Acres
Price / SF$204.68
Days on Market6

Property Features for 607 & 609 W Gurley Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning BG
Zoning description Business General
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 1, Bathroom 4, Bathroom 5, Bathroom 2, Bathroom 3
Parking 28
Parking features On Street
Security features Security System, Security
Interior features Security/Alarm, Fire/Smoke Detector, Ceiling Fan(s)
Exterior features Drip System, Handicap Access, Fence
Fencing Fenced
Accessibility Accessible Approach with Ramp
Lot features Landscaped
Directions From Courthouse Square in downtown Prescott, head west on W. Gurley Street for approximately four signalized intersections. The property is located on the southwest corner of W. Gurley Street and Park Avenue, immediately west of the Victorian home situated at the corner.
Standard status Active
Lot size 0.61 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description FLEURYS ADD AN IRREG PCL LOTS 3 4 & PTN OF 5 BLK 7 SW COR APPROX 50' W FROM SW COR LOT 4 SEC 33-14-2W
Tax Annual Amount 394
Legal Description FLEURYS ADD AN IRREG PCL LOTS 3 4 & PTN OF 5 BLK 7 SW COR APPROX 50' W FROM SW COR LOT 4 SEC 33-14-2W

Utilities

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

Building Details

Year built 1950
Floors in Building 2
Number of units 2
Flooring type Carpet, Wood, Concrete, Vinyl, Tile
Building materials Block/Brick, Stucco, Frame
Roof type Asphalt, Rolled Hot Mop
Listing Agency: Better Homes and Gardens Real Estate Bloomtree Realty
Listed By: Raymond G. Zogob · License #SA553424000
Added: Oct 1 Changed: Oct 5 Last Checked: Oct 6 at 1:06PM
MLS# 1085424

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.

Two adjacent buildings at 607 and 609 W. Gurley Street contain approximately 7,304 SF on 0.61 acres. The 5,521-SF, two-story building has a sanctuary with 24-foot vaulted ceilings, fellowship space, kitchen, classrooms, offices, storage, and restrooms. The second building measures 2,783 SF and is arranged as office suites, with a reception area, private offices, breakroom, ADA restroom, and an oversized single-car garage with a roll-up door. The property is currently occupied by a church. Zoning is BG.

The site is on W. Gurley Street, approximately 0.4 miles west of Prescott’s Courthouse Square. Grounds include a fenced courtyard, a two-level recreation area with artificial turf and sand, landscaped areas, and a double-sided, backlit monument sign. On-site parking accommodates approximately 28 vehicles. Additional parking arrangements described for neighboring property and nearby streets are subject to applicable agreements and terms.

Key Highlights

  • Two adjacent buildings total approximately 7,304 SF on 0.61 acres
  • Building A: 5,521 SF across two stories; Building B: 2,783 SF
  • Building A includes a sanctuary with 24‑foot vaulted ceilings and six second‑level classrooms/offices

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$106,231
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,124,620 $2.1M
Cap Rate 7%
$1,517,586 $1.5M
Cap Rate 9%
$1,180,344 $1.2M
Market Conditions
NOI Build-Up for 7,304 SF
Gross rent
$170.0K $23.28/SF
− Vacancy
−$28.4K −$3.89/SF
EGI
$141.6K $19.39/SF
− OpEx
−$35.4K −$4.85/SF
NOI
$106.2K $14.54/SF
Area
Yavapai County, AZ
Vacancy
16.70%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,124,620
Cap Rate 7%
$1,517,586
Cap Rate 9%
$1,180,344

Alternative Uses

Best Use
Office B
$1.52M
$1.33M – $1.77M (±1% cap)
NOI $106,231 @ 7.0% cap · market cap 7.11%
Second Best
Mixed Use
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,604 @ 7.0% cap · market cap 6.60%
Theoretical Best
Warehouse
$2.45M
$2.14M – $2.85M (±1% cap)
NOI $171,277 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Mountain Air Chiropractic Alternative Medicine Practice Lauren Lessard Real ... Real Estate Agency Comfort Pro Heating ... HVAC Service SUGAROLOGY ESTHETICS Spa & Massage Center

Suggested Use

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,237
Businesses Nearby

Demographics for 86305, AZ

19,555
Population
10,920
Households
1.8
Avg Household Size
62
Median Age
47%
College-Educated
97%
High-School Grad
588.5 sq mi
ZIP Area
33
Density / Sq Mi
$78,802
Median Household Income
$37,630
Median Earnings
$1,132
Median Rent
$627,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The BG-zoned site combines worship, classroom, office, and support areas in two adjoining structures.
Where is this mixed-use property located?
The property is located at 607 & 609 W Gurley Street Prescott, AZ.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Two adjacent buildings total approximately 7,304 SF on 0.61 acres; Building A: 5,521 SF across two stories; Building B: 2,783 SF; Building A includes a sanctuary with 24‑foot vaulted ceilings and six second‑level classrooms/offices
More about this property
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