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Property Description
A rare opportunity to lease a 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 property is available for lease at $4,500/month (modified gross). 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. Tenants have the option to continue operating the current Edison Market concept 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) 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 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 MLS# 1073501
General
- Price: $20
- Status: Active
- Type: Commercial Lease
- Source: PAAR_Prescott_MLS
- MLS ID: 1073501
- Updated: 9/2/2025
- Added to Site: 241 day(s) ago
Interior
- Interior Features: Other
- Flooring: Tile
Exterior
- Exterior Features: Handicap Access
Parking
- Parking Features: Paved, On Site, On Street
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.
Community
- Management Type: Owner
Heating & Cooling
- Cooling Type: Gas
- Heating Type: Natural Gas
Utilities
- Water: Public
- Onsite: Master Meters, Natural Gas Available, Phone Available, Underground Utilities, WWT - City Sewer
Structural Information
- Construction: Block
- Roof: Rolled/Hot Mop
- Stories/Levels: 0
- Building Size: 2667
- Square Feet: 2,667
- Year Built: 2024
Lot Features
- Lot Size (Acres): 0.21
- Lot Size Source: County Records
- Access Info: City, MAINT-City, Paved
- Zoning: BR
Financial Considerations
- Owner Pays: Building Liability Ins., Property Tax
- Tenant Pays: Contents Ins., Electricity, Gas, Janitorial Service, Sewer, Snow Removal, Trash Collection, Water
Disclosures and Reports
- Legal Description: PRESCOTT LOT 24 BLK 32 STRIP 10X150' OF LEROUX ST ADJ ON S OF LOT 24 BLK 32 AP3
- APN: 109-03-097
Listed by Better Homes And Gardens Real Estate Bloomtree Realty
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Schools
Schools serving MLS# 1073501
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 MLS# 1073501
Date
Details
Price
Change
Source
5/22/2025
Listed
$20
—
MLS
Disclaimer: Historical sales 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 MLS# 1073501
MLS# 1073501, Prescott, AZ 86303 (MLS# 1073501) is a Commercial Lease property. MLS# 1073501 is currently listed for $20 and was received on May 22, 2025. Want to learn more about MLS# 1073501? Do you have questions about finding other Commercial Lease real estate for sale in Prescott? You can browse all Prescott real estate or contact a Coldwell Banker agent to request more information.

