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$295,000
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Property Description
A rare 'business only' opportunity to purchase 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 a 'business only' sale for $295,000 which includes 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. The owner will have the option to continue operating the current Edison Market concept and/or bring their own unique vision to the space. 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) Real Estate & Business Package - Purchase the entire property, business, FF&E, brand rights, and liquor license for $1,500,000.
Full Property Details
Full Property Details for 447 S Montezuma St
General
- Price: $295,000
- Status: Active
- Type: Business
- Source: PAAR_Prescott_MLS
- MLS ID: 1073500
- Updated: 9/2/2025
- Added to Site: 241 day(s) ago
Business
- Name: The Edison Market - Market, Coffee, Eatery
- Year Established: 2024
Exterior
- Exterior Features: Handicap Access, Parking
Location
- County: Yavapai
- Driving 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 the tall monument signage in front of the orange and white building that marks the Edison Market.
Heating & Cooling
- Cooling Type: Gas
- Heating Type: Gas Pack, Natural Gas
Utilities
- Water: Public
- Onsite: Electricity Available, Master Meters, Natural Gas Available, Phone Available, WWT - City Sewer
Structural Information
- Construction: Block
- Roof: Rolled/Hot Mop
- Stories/Levels: 0
- Building Size: 2667
- Square Feet: 2,667
- Current Bldg. Use: Convenience Store, Restaurant, Retail
- Year Built: 2024
Lot Features
- Lot Size (Acres): 0.21
- Lot Size Source: County Records
- Zoning: BR
Financial Considerations
- Terms: Cash, Conventional, Lease Purchase, Submit
Disclosures and Reports
- Legal Description: PRESCOTT LOT 24 BLK 32 STRIP 10X150' OF LEROUX ST ADJ ON S OF LOT 24 BLK 32 AP3
- Inclusions: Equipment, Fixtures, Inventory, License(s), Other - See Remarks, Stock Assets, Training
- APN: 109-03-097
- Lot Number: 24
Listed by Better Homes And Gardens Real Estate Bloomtree Realty
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Schools
Schools serving 447 S Montezuma St
School District:Prescott Unified District
| Name | Grades | Distance |
|---|---|---|
Taylor Hicks School 1845 Campbell Avenue, Prescott, AZ 86301 | K-4 | 2.6 mi |
Granite Mountain Middle School 1800 North Williamson Valley Road, Prescott, AZ 86305 | 5-6 | 4 mi |
Prescott Mile High Middle School 300 South Granite Street, Prescott, AZ 86303 | 7-8 | 0.2 mi |
Prescott High School 1050 Ruth Street, Prescott, AZ 86301 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 447 S Montezuma St
Date
Details
Price
Change
Source
8/18/2025
Price Reduced
$295,000
-1.67%
MLS
5/22/2025
Listed
$300,000
-40%
MLS
9/28/2022
Sold
$500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 447 S Montezuma St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,708
100%
$129,662
64%
2024
-100%
$78,887
-10%
2022
$2,757
—
$87,235
27%
2022
$2,757
-7%
$68,634
38%
2021
$2,956
—
$49,715
-1%
2020
$2,962
1%
$50,171
100%
2019
$2,924
4%
-100%
2018
$2,820
5%
$37,937
5%
2017
$2,690
-1%
$36,191
6%
2016
$2,720
-2%
$34,064
5%
2015
$2,786
-3%
$32,588
-2%
2014
$2,868
—
$33,119
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 447 S Montezuma St
447 S Montezuma Street, Prescott, AZ 86303 (MLS# 1073500) is a Business property. 447 S Montezuma Street is currently listed for $295,000 and was received on May 22, 2025. Want to learn more about 447 S Montezuma Street? Do you have questions about finding other Business real estate for sale in Prescott? You can browse all Prescott real estate or contact a Coldwell Banker agent to request more information.

