3031 N COCHISE Drive, Prescott Valley, AZ 86314 (MLS# 7092146)

3031 N COCHISE Drive, Prescott Valley, AZ 86314

New Listing
$1,375,000
Property Type: Comm/Industry Sale Square Footage: 5,274 Lot Size (sq. ft.): 38,654 Status: Active
Current Price: $1,375,000 List Date: 10/10/2026 Last Modified: 10/10/2026

Overview

Description

Exceptional commercial opportunity along Prescott Valley's State Route 69 corridor! Two commercially zoned parcels, 103-02-003S and 103-02-003W, offered together, featuring the iconic Olivas Mexican Restaurant and a separate 320 SF salon building. Approximately 5,270 SF of combined improvements, including a distinctive 4,950 SF A-frame restaurant. Ample parking, excellent visibility, and convenient access make this an attractive opportunity for restaurant operators, owner-users, or investors. Nearly 40 years of restaurant history! Real estate offered at $1,375,000. Operating restaurant business and FF&E available separately for $375,000. Combined offering: $1,750,000.

Listing Details MLS# 7092146

Location, Tax & Legal

House Number
3031
Compass
N
Street Name
COCHISE
St Suffix
Drive
City/Town Code
Prescott Valley
State/Province
AZ
Zip Code
86314
Zip4
8625
Country
US
County Code
Yavapai
Assessor Number
103-02-003-W
Tax Year
2025
Assessor's Map #
2
Legal Description (Abbrev)
AN IRREG BAL PCL ADJ TO COCHISE DR & PCL B LS 16/9 SW PCL COR APP ROX 125'N OF ST HWY 69 R/W IN THE
Assessor's Parcel #
3
Assessor Parcel Ltr
W
Add'l Parcels
Yes
Tax Municipality
Prescott Valley
Census Tract
606
Taxes
9360
Legal
AN IRREG BAL PCL ADJ TO COCHISE DR & PCL B LS 16/9 SW PCL COR APP ROX 125'N OF ST HWY 69 R/W IN THE

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
5274
# of Buildings
2
Year Built
1984
Uncvrd Parking Spcs
15
Zoning
CG-3

Remarks Misc

Cross Street
Cochise Dr and Florentine RD
Directions
From State Route 69, turn onto N. Robert Road, then head east on Florentine Road to Cochise Drive.

Legal Info

Township
14
Range
1W
Section
13
Lot Number
N/A

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Email
Yes
Phone Call
Yes

More Information

Contact Info

List Agent Home Phn
928-301-5049

Currently Not Used

Sold Price Per SqFt
260.71

Construction

Wood Frame
Yes

Roofing

Composition
Yes

Floors

Laminate
Yes
Tile
Yes
Vinyl
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Other Income
500
Vacancy Allowance
0
Adjusted Gross Inc
500

Building Type

Commercial
Yes
Other (See Remarks)
Yes

Business Type

Barber/Beauty
Yes
Restaurant
Yes

Pmt & Rate Info

Equity
1375000
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

Forced Air
Yes

Cooling

Central Air
Yes

Interior Features

Finished
Yes
Smoke Detector(s)
Yes
Alarm System
Yes
Public Restrooms
Yes

Loading Facilities

None
Yes

Road Access Type

City Street
Yes

Source of Fincl Data

Owner
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Freeway/Highway

Frontage
Yes

Sewer

See Remarks
Yes

Parking Features

Parking Lot
Yes

Electric

APS
Yes

Gas

Other (See Remarks)
Yes

New Financing

Cash to Loan
Yes
1031 Exchange
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Building Type: Commercial; Other (See Remarks) Business Type: Barber/Beauty; Restaurant Construction: Wood Frame Roofing: Composition Floors: Laminate; Tile; Vinyl Ceiling Height: 8.1 Feet to 10 Feet Heating: Forced Air Cooling: Central Air Loading Facilities: None Interior Features: Finished; Smoke Detector(s); Alarm System; Public Restrooms Fencing: None Parking Features: Parking Lot Road Access Type: City Street Electric: APS Gas: Other (See Remarks) Water Source: City Franchise Sewer: See Remarks New Financing: Cash to Loan; 1031 Exchange Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Owner Environmental: None
IDX
Listing Office: Keller Williams Arizona Realty
Office Phone: 480-767-3000
Office Email: laurie.johnson@kw.com
Last Updated: October - 10 - 2026
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