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Listed by Better Homes And Gardens Real Estate Bloomtree Realty
$ 1,375,000
Est. payment /mo
Active
447 S Montezuma ST Prescott, AZ 86303
9,147 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1076116
Year Built 2000
Annual Tax Amount $2,708
Tax Year 2024
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Retail
Source paar
Property Description
A rare opportunity to purchase both the real estate and business opportunity for this fully renovated +/-2,667 SF prime retail space on a .21-acre BR-zoned lot, located along highly visible and trafficked S. Montezuma Street in downtown Prescott. This iconic location, formerly a Circle K convenience store, was completely transformed in 2024 into a dynamic and versatile retail destination. Currently operating as The Edison Market, this vibrant concept blends a popular local market, chef-driven eatery, and specialty coffee bar - all under one roof. It has quickly become a local favorite among both residents and visitors. The Edison Market is being offered as both a real estate and business opportunity sale for $1,500,000 which the 2,667 sf building on the .21 acre property and all of FF&E, brand/trademark licensing, and access to a Series 6 liquor license. The interior features a spacious, open floor plan, a 20-foot service counter, and a 25-foot built-in reach-in refrigerator system, ideal for showcasing a wide assortment of beverages and food offerings. An adjacent +/-45' x 60' parcel located behind the building provides added value and flexibility and is perfect for an outdoor patio, event space, or secondary food and beverage concept. Optional Purchase Opportunities include: 1) For Lease Only - The property is available for lease at $4,500/month (modified gross); 2) Business Only - The Edison Market business, including FF&E, brand/trademark licensing, and access to a Series 6 liquor license, is available separately for $295,000. A new owner/tenant will have the option to continue operating the current Edison Market concept and/or bring their own unique vision to the space.
Location
State AZ
County Yavapai
Interior
Interior Features Other
Heating Natural Gas
Cooling Gas
Flooring Tile
Exterior
Exterior Feature Handicap Access
Utilities Available Master Meters, Natural Gas Available, Phone Available, Underground Utilities, WWT - City Sewer
Roof Type Rolled/Hot Mop
Total Parking Spaces 11
Building
Structure Type Block/Brick
Others
Acceptable Financing 1031 Exchange, Cash, Lease/Purchase, Submit
Listing Terms 1031 Exchange, Cash, Lease/Purchase, Submit








