447 S Montezuma Street, Prescott, AZ 86301
New Listing



















Description
Supplements: The Edison Market is a popular local market, coffee shop and eatery serving both tourists and the local community. This turnkey real estate and owner/user business blends retail coffee and dining all within a prime location and completely renovated facility. 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, AZa 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 in several formats. 1) The real estate can be purchased for a sales price of $1,500,0000 which includes the business and all assets. 2) The business can be purchased separately for $300,000 which includes the FF&E, and licensing of the trademark brand. 3) The real estate and business can be leased for $4,500/mo gross. 4) The real estate can be purchased along with the adjacent 14-room Motor Lodge for a sales price of $4,300,0000 which includes both of the businesses, FF&E and all assets. All of the above scenarios include either the purchase and/or access to the #6 liquor license. The parking lot has recently been repaved & striped.