The Story

431 South Cortez Street

Prescott, AZ 86303 · Home

Prime redevelopment opportunity for investors and builders. This single-family property sits on a generously sized lot already zoned for high-density multi-family use, offering significant upside potential. The existing structure is a teardown, making way for a new construction project that can fully capitalize on the favorable zoning and downtown Prescott location. Located in a growing area with strong short and long-term rental demand, this site is ideal for redevelopment. Utilities are in place, and the lot offers convenient front and rear access, providing easy entry in case of multiple unit development, as well as streamlining the building process. Whether you're looking to add doors to your portfolio or develop and sell, this is a rare chance to secure land downtown Prescott, only two blocks from the Courthouse Plaza and Whiskey Row. Opportunities like this are becoming increasingly scarce; bring your vision and maximize the potential.


Facts & Features

Property Info

Price
$275,000
Completion Year
1,932
Living Space
827 sq ft
Floors
1
Bedrooms
2
Bathrooms
1

Features & Amenities

Appliances

Gas Water Heater

Roof

Composition

Water Source

Public

Sewer

Public Sewer

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Listing Broker

HomeSmart Fine Homes and Land

Broker Name

HomeSmart Fine Homes and Land

Agent

Shane Parker