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Property profile & analytics
OFF-MARKET
Office Spaces

111 Grove Ave Prescott, AZ 86301

2,299 SF Built 1921
Property ID
US07-0481285
Property summary
AI-generated overview

This remarkable 2,299 square foot Queen Anne Victorian, located at 111 Grove Ave in Prescott, Arizona, presents a rare investment opportunity. Listed on the National Register of Historic Places, this property boasts low property taxes ($912 annually) and offers versatile usage options. Currently zoned BG (Business General), it's ideal for a live/work arrangement, professional offices, a restaurant, or a two-unit vacation rental. The property features five parking spaces, gated RV parking, and an ADA-compliant ramp. The main level includes a large parlor, enclosed Arizona room, eat-in kitchen opening to a patio, butler's pantry, bedroom, and two bathrooms. Upstairs, find three bedrooms, a bathroom, kitchen, and family room. A spacious basement provides ample storage. Modern updates blend seamlessly with original details like Eastlake door knobs and stained glass windows. A new cedar shingle roof and main-level AC enhance comfort. Situated in historic downtown Prescott, it's a short walk to numerous shops, restaurants, and bars. Proximity to Dignity Health, Yavapai College, the VA campus, and schools adds to its appeal. The property's potential for expansion includes adding a garage and living space above in the rear alley. This unique property offers a blend of historic charm and modern convenience, making it a truly exceptional investment. The asking price is $799,000. Built in 1921, this two-story building is a unique opportunity in Yavapai County, AZ, 86301.

Property profile
Verified
Property type Office Spaces
Year built 1921
Total area 2,299 SF
UPID US07-0481285
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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