447 S Montezuma Street
Prescott, AZ, 86303 $ 1,375,000
Bedrooms-- Baths-- Sq 2,667 Monthly Estimate*
$ 8,578
for $1,375,000. This 2,667 square foot building was built in 2000 on a lot size of 0.21.
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.
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FeaturesInteriorInterior Amenities Other
Flooring Tile
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GeneralHeating Natural Gas
Cooling Gas
Utilities Master Meters Natural Gas Available Phone Available Underground Utilities WWT - City Sewer
Roof Rolled/Hot Mop
Zoning BR
Construction Materials Block/Brick
Year Built 2000
Property Subtype Retail
Tax Year 2024
County Yavapai
Property Type Commercial Sale
Directions From the downtown Courthouse Square head south 3 blocks on Montezuma St. Both properties will be on the hard street corners at the northeast intersection of S. Montezuma St and W. Leroux St. Look for
City Prescott
Lot Size Square Feet 9148
Tax Annual Amount 2708
Home Warranty Y/N N
Additional Parcels Y/N N
Standard Status Active
Cap Rate 0
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ExteriorExterior Amenities Handicap Access
Parking Features Paved On Site On Street
Total Parking 11
Number of Buildings 1
Building Area Total 2667
Lot Size Acres 0.21
Lot Size Source County Records
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* Excluded FeaturesList ByRaymond G. ZogobListing Agent
Better Homes And Gardens Real Estate Bloomtree RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $8,578
- Monthly Property Taxes
- $226
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Prescott, AZ
Average List Price $1,759,093
Percent of Sale Price 28%
About Prescott, AZ 43,862 Population
27% Since 2002
$ 49,913 Median Income
53.33 Median Age
14% Households with Children
Trends Information provided by ATTOM Data Solutions.
754118 Elementary School
754119 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/25/2025 | $1,375,000 | -1.79% | Price Down |
| 9/28/2025 | $1,400,000 | -6.67% | Price Down |
| 9/2/2025 | $1,500,000 | | Listed Price |