Downtown Mixed-Use
New
For Sale
$1,495,000
607 & 609 W Gurley St, Prescott, AZ 86305
Two adjoining buildings combine worship, educational, office, and support spaces on a Business General-zoned site.
Property Size7,304 SF
Lot Size0.61 Acres
Price / SF$204.68
Days on Market1
Property Features for 607 & 609 W Gurley St
General Information
Standard status
Active
Size
7,304 SF
Total Parking Spaces
28
Lot size
0.61 Acres
Zoning
BG
Additional Details
Road Access
Yes
Amenities
outdoor play/recreation area
artificial turf and sand play area
fenced outdoor courtyard
mature oak trees
landscaped planters
paver areas
monument sign
Building Details
Year Built
1950
Buildings
2
Tenancy
Single
Abandoned
No
Listing Agency:
Better Homes And Gardens Real Estate Bloomtree Realty
Listed By:
Raymond G. Zogob · License #SA553424000
(619) 997-3329
Source:
Legacyren
Added: Oct 7
Last Checked: Oct 7 at 2:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes And Gardens Real Estate Bloomtree Realty
Investment Insights
Based on property information with market context.
This Prescott campus comprises two adjacent buildings with approximately 7,304 SF of combined space. The 5,521 SF, two-story building contains a sanctuary with 24-foot vaulted ceilings, a fellowship area, kitchen, classrooms, offices, restrooms, and storage. Six mini-split HVAC systems serve the sanctuary and fellowship areas. The second building, 2,783 SF, is configured as an office suite with a reception area, six private offices, a kitchen and breakroom, an ADA restroom, an additional street-level office, and an oversized single-car garage with a roll-up door. The main building dates to approximately 1950; the office building was constructed in 1967.
The property occupies approximately 0.61 acres zoned Business General (BG), along W. Gurley Street, about 0.4 miles west of Prescott’s historic Courthouse Square. Site features include a fenced courtyard, a two-level outdoor recreation area, artificial turf and sand play space, landscaped areas, and on-site parking for approximately 28 vehicles. Additional parking may be available through a neighboring office property and on adjacent streets, subject to applicable agreements and terms.
The property occupies approximately 0.61 acres zoned Business General (BG), along W. Gurley Street, about 0.4 miles west of Prescott’s historic Courthouse Square. Site features include a fenced courtyard, a two-level outdoor recreation area, artificial turf and sand play space, landscaped areas, and on-site parking for approximately 28 vehicles. Additional parking may be available through a neighboring office property and on adjacent streets, subject to applicable agreements and terms.
Key Highlights
- Two adjacent buildings totaling approximately 7,304 SF on +/-0.61 acres
- Building A: +/-5,521 SF, two stories, with sanctuary, fellowship space, kitchen, classrooms and offices
- Building B: +/-2,783 SF configured with private offices, reception area, breakroom and oversized single‑car garage
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
NOI $106,231 @ 7.0% cap · market cap 7.11%
Second Best
Mixed Use
$1.41M
$1.23M – $1.64M
NOI $98,604 @ 7.0% cap · market cap 6.60%
Theoretical Best
Warehouse
$2.45M
$2.14M – $2.85M
NOI $171,277 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,665
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two adjoining buildings combine worship, educational, office, and support spaces on a Business General-zoned site.
Where is this mixed-use property located?
The property is located at 607 & 609 W Gurley St 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 totaling approximately 7,304 SF on +/-0.61 acres; Building A: +/-5,521 SF, two stories, with sanctuary, fellowship space, kitchen, classrooms and offices; Building B: +/-2,783 SF configured with private offices, reception area, breakroom and oversized single‑car garage
