447 S Montezuma St - Restaurant FOR SALE


Prescott, AZ 86303- Downtown Prescott
$1,400,000 USD
619-997-3329
447 S Montezuma St, Prescott, AZ for Sale
$1,400,000 USD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

447 S Montezuma St
Prescott, AZ 86303
Downtown Prescott


HIGHLIGHTS

  • Turnkey Restaurant - Retail Opportunity
  • Completely Renovated in 2024
  • Owner/User Business or RE Investment

OVERVIEW

The Edison Market - A popular local market, coffee shop and eatery serving both tourists and the local community. This turnkey investment blends hospitality, retail and dining all within a prime location commercial property package. The Edison Market offers a unique opportunity to own and operate a unique hospitality brand. Established in April 2024, The Edison Market is a +/-2,667 sf unique and vibrant retail concept located in the heart of Prescott, AZ—a rapidly growing tourist destination. Formerly a Circle K store, this property has been transformed into a local community hub and visitor favorite, offering craft coffee, a chef-driven eatery, and a curated local market that is all under one roof. Now federally trademarked, The Edison Market brand is federally trademarked and has been built for expansion across Arizona and beyond. This flagship turnkey location is primed and ready for the continued brand development into a multi-location concept. Situated on .21 acres of BR zoned land, the market offers a large open floor plan with counter service and a 25-foot long built-in and reach-in row of refrigerators that offer a large variety of both alcoholic and non-alcoholic beverages. A +/- 45’X60’ vacant parcel is located behind the Edison that offers many future growth opportunities which may include the addition of an outdoor patio space or the construction of additional motel units. The Edison Market is conveniently being offered for sale of the business which can be purchased for $295,000 which includes the FF&E, and licensing of the trademark brand or the real estate and business can be leased for $4,500/mo gross. The above scenarios include either the purchase and/or access to the #6 liquor license. The parking lot at the property has recently been repaved & striped.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$525 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Edison Market

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

Business Regional

APN/PARCEL ID

109-03-097

ASK ABOUT THIS PROPERTY

Raymond ZogobBHGRE BloomTree RealtyMore Info
619-997-3329

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Raymond ZogobBHGRE BloomTree RealtyMore Info
619-997-3329

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.