223 White Spar Road, Prescott, AZ 86303
$875,000
Property Type:
Commercial/Indstrial
Baths:
3
Square Footage:
3,601
Lot Size (sq. ft.):
8,276
Status:
Active
Current Price:
$875,000
List Date:
10/07/2025
Last Modified:
7/29/2026
Description
Situated less than a mile south of Prescott's downtown Courthouse Square, the property fronts State Route 89, a main state highway entering Prescott from the south. The 2-story building consists of 3 suites. Current tenants include a travel agency in year 2 of a 10 year lease as anchor tenant, an esthetician studio with a new 5 year lease and a home improvement company with a new 2 year lease. Generous rent escalations allow for investment growth. The property recently had exterior paint as well as new interior paint and flooring in 2 of the suites. There are 11 on-site parking spaces which were recently re-striped as well as street parking. Collectively, these attributes position the property as a solid addition to an investment portfolio near the thriving downtown Prescott core.
More Information MLS# 1077021
ContractAddressLegal
Original List Price: 780000
Listing Date: 2025-10-03
Status: Active
Listing Price: 875000
Street #: 223
Street Name: White Spar
St Suffix: Road
City/Township: Prescott
State: AZ
Zip Code: 86303
Subdivision: None
County: Yavapai
Tax Parcel: 109-15-011c
General Property Description
Lot Size: 8,276
Aprx Acres: 0.19
Buildings: 1
Total Liveable SqFt: 3601
Source of Measuremnt: County Assessor
Stories: 2
Parking Spaces: 11
Year Built: 1992
Management: Owner
NOI $: 56625
Cap %: 6.47
CAM $: 5.87
Baths - Full: 3
Property Use: Investment Prop
Construction Status: Existing
Max Contgs/Bldg Sz: 1188
Solar Y/N: No
Space Available: No
Date Available: 2026-06-15
Total Bathrooms: 3
Suite #: A,B,C
CC & R: No
Tax Info
Taxes: 4853
Tax Year: 2025
Property Features
Bathrooms: ADA; Exterior; Interior
Building Type: 2-4 Units; Office - Building
Business Location: Freestanding Bldg; Office/Professional
Commercial Amenities: Ceiling Ht. Under 12
Construction: Frame - Wood; Stucco
Cooling: Central Air; Heat Pump
External Amenities: Landscaped; Paved Parking
Flooring: Carpet; Tile; Wood
Heating: Electric; Heat Pump
Internal Amenities: Bathroom; Fire/Smoke Detector; Security/Alarm
Parking: On-Site; Street Parking
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road; Paved
Roof: Asphalt Shingle
Utilities Installed: 220; Electricity; Master Meter; Security System; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: Invest Southwest
Last Updated: July - 29 - 2026
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