**Prime Downtown Investment Opportunity in the heart of Prescott. ** Located at the prominent downtown corner of King St and Edward St, this exceptional three-building complex offers a rare chance to acquire a high-visibility, mixed-use property in an area undergoing major transformation. The 2 properties consist of attached buildings featuring a total of 8 residential units and 3 commercial spaces, providing a strong mix of income streams. The buildings are nestled between King St and Water St with back of building access, across the street from the marina and amphitheatre. The residential units offer stable tenancy, while the street-level commercial spaces benefit from excellent exposure in a busy downtown setting. Prescott is experiencing significant growth, with new housing developments planned throughout the area, driving increased demand for both residential and commercial space. This positions the property for long-term appreciation while delivering reliable current income.The site also presents value-added expansion potential, making it an ideal opportunity for investors seeking both stability and upside in a revitalizing downtown market. Financial information available upon request to Listing Agent. (id:47421)
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Detailed Information
Lot
89.17 x 122 ft
Listing Contract Date
2025-12-31
Location Description
Cross Streets: Edward and King St. ** Directions: Hwy 401 exit at Edward St; take Edward through Prescott to King St (Hwy 2). Right on King St, SP on immediate left.
Property Type
Retail
Transaction Type
For sale
Zoning Description
C1
Building
Cooling Type
Partially air conditioned
Heating Type
Other
Utility Water
Municipal water
Land
Total Size
89.21 x 122.05 FT
Size of Irregular Land
89.21 x 122.05 FT
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