Property summary
This exceptional 1,021 square foot retail building is ideally situated in downtown Prescott, Arizona, at 402 E Sheldon Street. Boasting a prime location with excellent frontage and visibility, this property benefits from a signalized intersection providing access from three sides. Daily traffic counts exceed 36,000 vehicles, ensuring significant exposure for any business. The building features four 10-foot roll-up doors, one currently utilized as an office space. High ceilings at 12 feet provide ample vertical space. A security system is in place for added peace of mind. Ample on-site parking is available for customers and employees. The property sits on a 0.25-acre lot, offering potential for expansion to the existing structure, subject to city approval. This is a rare opportunity to acquire a well-located, functional commercial building in a thriving downtown area with high traffic volume. The asking price is $699,000. This property is perfect for a variety of retail uses and presents a strong investment opportunity.
Property profile
VerifiedCap rate & NOI
Current use
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Car Dealership
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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