120 W Gurley St
Prescott, AZ 86301
Burmister Listing · Retail Property For Sale

The Burmister Building is located in Historic downtown Prescott, a major tourist destination in Northern Arizona. The building, which was once a part of the Bashford-Burmister Company, is located across from the beautiful, historic, tree-covered Courthouse Square; home to dozens of year-round events including concerts, craft fairs, art exhibits and other events. The history includes that at one time, the Bashford-Burmister Company was one of the largest employers in the state of Arizona, right here in the former capital of the state. Prescott is known as “everyone’s hometown”, and draws thousands of tourists throughout the year from other states as well as people from Arizona who come to avoid the heat of the Phoenix area. The Burmister Building houses 5 unique retail shops as well as food and beverage venues in an indoor shopping mall as well as a large rentable ballroom with capacity for 300 people. The ballroom is operated by the current building owner and will not continue as a tenant after the sale. The new owner may continue to operate the ballroom as such. The space is equipped with a full commercial kitchen and may be suitable for a large restaurant or combination of retail space and bar/food venue. In the event that a prospective buyer does not choose to continue the operation of the ballroom, the seller may be willing to guarantee the rent for the ballroom space until leased, for a period up to 1 year. Foot and vehicle traffic in the area is always heavy, and visitors are eager to spend their tourist dollars in this wonderful and inviting facility that is so perfectly located for their needs. The property consists of 15,150 square feet of prime rentable square footage. The building was constructed in 1900 of cast iron steel and three courses of red brick from the Prescott red brick plant and is comprised of 3 stories as well as a rented mezzanine. The building underwent a complete renovation in 2013 at a cost of over $800,000, including electrical, plumbing, HVAC, elevator, and much more! In addition to the storefront on-street parking, additional parking is available at the rear of the building in public parking lot managed by the City of Prescott.