447 S Montezuma Street, Prescott, AZ 86301

New Listing
$1,500,000
Property Type: Commercial/Indstrial Square Footage: 7,416 Lot Size (sq. ft.): 9,148 Status: Active
Current Price: $1,500,000 List Date: 5/06/2025 Last Modified: 5/06/2025

Description

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, 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

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.

More Information MLS# 1073004

ContractAddressLegal

Original List Price: 1500000 Listing Date: 2025-05-05 Status: Active Listing Price: 1500000 Street #: 447 Direction: S Street Name: Montezuma St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86301 County: Yavapai Tax Parcel: 109-03-097

General Property Description

Aprx Acres: 0.21 Buildings: 1 Total Liveable SqFt: 7416 Source of Measuremnt: County Assessor Stories: 1 Parking Spaces: 8 Year Built: 1966 Management: Owner Baths - Full: 14 Construction Status: Existing

Tax Info

Taxes: 2708 Tax Year: 2024

Property Features

Bathrooms: ADA; Interior Building Type: Bar; C-Store; Food Service; Retail - Free Stand; Other - See Remarks Business Location: Corner Location; Freestanding Bldg; Other - See Remarks Commercial Amenities: Other - See Remarks Construction: Frame - Wood; Stucco Cooling: Gas Pack External Amenities: Handicap Access; Paved Parking; Other - See Remarks Flooring: Tile Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Fire/Smoke Detector; Kitchen; Security/Alarm Parking: On-Site; Street Parking Records Available: Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Rolled/Hot Mop Utilities Installed: Electricity; Master Meter; Natural Gas; Water - City; WWT - City Sewer
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: May - 06 - 2025
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