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2516 Willow Creek Rd Prescott, AZ 86301

Retail properties & Spaces Google Maps
3,530 SF 1.07 ac lot Built 1974
Estimated value
No estimation on file for this property yet.
Property ID US07-0498511

Property summary

AI-generated overview

This exceptional Prescott, Arizona retail property presents a unique investment opportunity. The Willow Creek Inn, situated on 1.07 acres (part of a larger 1.84-acre parcel), features a stunning Victorian Manor built in 1887 and relocated in 1962. The 3,530 square foot Manor serves as a thriving venue for weddings, special events, and corporate meetings, establishing a strong existing business. The property's prime location along N Willow Creek Road places it within a high-growth corridor connecting Prescott's downtown area with burgeoning commercial and residential zones to the north, ensuring high visibility and accessibility. The sale includes the established business, offering immediate income potential. Zoning allows for potential expansion and alternative uses, subject to City of Prescott approval. This presents a rare chance to acquire a historic landmark with significant upside in a rapidly developing market. Serious inquiries only

Property profile

Verified
Property type Retail properties & Spaces
Year built 1974
Total area 3,530 SF
Lot 1.07 ac (46,609 SF)
UPID US07-0498511

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Wedding Service

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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