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Investment Highlights

  • Sale price: $950,000
  • Year Built 1986
  • APN # 113-09-052C
  • Availability ±10,626 sf
  • Zoning: IL
  • Parking Ample

Executive Summary

This ±10,626 sf building is situated on approximately 1 ac of improved land. It is currently designed for a single tenant light industrial user but can easily be positioned for a variety of uses including office, retail, childcare, place of worship or school. It is currently equipped with perimeter offices and open warehouse space. The warehouse ceilings are approximately 14’ high while the warehouse area totals approximately ±10,000 sf. Due to plans to renovate the property by the seller for its own use, the interior of the building has been reduced to a “shell” condition and is ready for a buyer to design and construct its own unique build-out. Utilities to the property include natural gas, water, and electric. The entire building is air-conditioned and secured by perimeter chain link fencing. The property is conveniently located near historic downtown Prescott, AZ and a variety of retail and lodging amenities.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,626 SF
Building Class
C
Year Built
1986
Price
$950,000
Price Per SF
$89.40
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.10 AC
Opportunity Zone
Yes
Zoning
LI - Light Industrial
Parking
25 Spaces (2.35 Spaces per 1,000 SF Leased)
Frontage
183’ on Madison Ave

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Security System
  • Signage
  • Storage Space
  • Monument Signage
  • Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Filiberto's Mexican Food
BMO
Jpmorgan Chase & And Co
Starbucks
Fry’s Food Stores
Sprouts Farmers Market
Huntington National Bank
Bank of America
Safeway
National Bank of Arizona

Property Taxes

Property Taxes

Parcel Number
113-09-052A
Land Assessment
$310,457
Improvements Assessment
$2,655,491
Total Assessment
$2,965,948
  • Listing ID: 40080380

  • Date on Market: 4/8/2026

  • Last Updated:

  • Address: 534 Madison Ave, Prescott, AZ 86301

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