For Sale
$1,950,000

805 White Spar Rd Prescott, AZ 86303

Downtown Prescott motel, 11 units, .59 acres

Overview

Added:
Feb 3
Days on market:
84
This exceptional investment opportunity presents a downtown Prescott apartment/motel complex and an adjacent vacant commercial parcel, totaling approximately 0.59 acres of BG zoned land. The property is listed at $1,950,000 and comprises three adjacent buildings encompassing 4,404 square feet. Eleven studio-style guest rooms are available, along with a one-bedroom suite ideal for an on-site manager's office or residence. The complex offers convenient amenities including a shared kitchen area, a storage room, and a newly installed laundry room equipped with four coin-operated washers and dryers. Eleven on-site parking spaces are provided, located in front and to the side of the studio units, with additional parking available on the east side of the property. The inclusion of the adjacent 0.23-acre vacant commercial parcel presents significant potential for expansion or future development. This property is situated in a prime downtown Prescott location, offering strong potential for rental income and future appreciation. The combination of existing income-generating units and the vacant land makes this a versatile and attractive investment opportunity.

Property Details for 805 White Spar Rd

Property type
Commercial real estate
Square Feet
4,404 SF
Year Built
2024
Lot Size (sq. ft)
25,700 SF

Location Insight

City
Prescott
County
Yavapai
State
Arizona
Latitude
34.52758
Longitude
-112.4786

FAQs

What type of property is this?
Commercial real estate - Downtown Prescott motel, 11 units, .59 acres
Where is the commercial real estate located?
The property is located at 805 White Spar Rd Prescott, AZ.
What is the asking price?
The asking price for this property is $1,950,000.
How can I contact the broker?
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805 White Spar Rd
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