, Prescott, AZ 86305 (MLS# 1081353)

Prescott, AZ 86305

$165,000

Property Type: Business Opportunity Square Footage: 1,120 Lot Size (sq. ft.): 22,651 Status: Active

Current Price: $165,000 List Date: 4/21/2026 Last Modified: 4/21/2026

Overview

Description

A buyer can lease either the main building only (802 Valley St) or lease both buildings. Premises Size: The premises includes approximately 1,120 sq. ft. of restaurant space, 560 sq. ft. of detached bar space, fenced-in exterior patio and landscaped areas and employee parking in the lot behind 810 Valley St. which is shared parking. Current Monthly Rent: ±$3,000 (802 Valley St. only) Lease Expiration: June 30, 2031 plus two additional five-year option periods. The adjacent building at 810 Valley St. is also available for lease at ±$3,000 per month.

Listing Details MLS# 1081353

ContractAddressLegal

Original List Price: 165000
Listing Price: 165000
City/Township: Prescott
State: AZ
Zip Code: 86305

General Property Description

Lot #: 15
Aprx Acres: 0.52
Buildings: 3
Total Liveable SqFt: 1120
Source of Measuremnt: Owner
Stories: Yes
Year Built: 1923
Year Est: 2022
Lease Type: Modified
Lease $: 3000
Lease Expires: 2031-06-30
CC & R: No
Solar Y/N: No

Contract/Address/Legal

List Price/SqFt: 147
Neighborhood: N/A
Business Op Type: Bus Op No Real Est
REO/Short Sale: Not Applicable
Business Type: Food/Beverage
Zoning: BG
Business Name: Torme
Legal: GARDENLAND TRACT WEIL SUB AN IRREG PCL LYNG IN A PTN OF LOT 15 WITH THE SE COR LYNG APPROX 145'S FROM THE NE COR OF LOT 15 SEC 32-14-2W

Remarks & Misc

Directions: Corner of Fair St. and Valley St.
Remarks: A buyer can lease either the main building only (802 Valley St) or lease both buildings. Premises Size: The premises includes approximately 1,120 sq. ft. of restaurant space, 560 sq. ft. of detached bar space, fenced-in exterior patio and landscaped areas and employee parking in the lot behind 810 Valley St. which is shared parking. Current Monthly Rent: ±$3,000 (802 Valley St. only) Lease Expiration: June 30, 2031 plus two additional five-year option periods. The adjacent building at 810 Valley St. is also available for lease at ±$3,000 per month.

Construction

Frame - Wood: Yes

Cooling

Mini-Split: Yes

More Information

External Amenities

Fenced: Yes
Parking: Yes

Heating

Other: Yes

Roof

Asphalt Shingle: Yes

Bathrooms

Interior: Yes

Business Location

Freestanding Bldg: Yes

Terms & Conditions

Any Financing: Yes

Utilities Installed

Electricity: Yes
Water - City: Yes
WWT - City Sewer: Yes

Current Use

Restaurant/Bar: Yes

Internal Amenities

Kitchen: Yes
Other - See Remarks: Yes

General Lease

Deposits: Yes
Option/Renew: Yes

Info on File

Inventory List: Yes
Leases: Yes

Sale Includes

Equipment: Yes
Fixtures: Yes

Tenant Pays

Repairs: Yes
Utilities: Yes

Property Features

Bathrooms: Interior Construction: Frame - Wood Current Use: Restaurant/Bar External Amenities: Fenced; Parking Internal Amenities: Kitchen; Other - See Remarks Heating: Other Cooling: Mini-Split General Lease: Deposits; Option/Renew Roof: Asphalt Shingle Info on File: Inventory List; Leases Utilities Installed: Electricity; Water - City; WWT - City Sewer Sale Includes: Equipment; Fixtures Tenant Pays: Repairs; Utilities Business Location: Freestanding Bldg

Listing Office: HUB Commercial

Last Updated: April - 21 - 2026

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