$750,000
Cottonwood, AZ 86326
MLS# 195197
Status: Closed
3092 sqft
1 / 13
Property Description
If you've taken a stroll down Main St in Old Town Cottonwood, AZ, then you know the lure. With its mix of wine tasting rooms, 4 star restaurants, artist galleries, and lodging, Old Town has become a state-wide and regional premiere destination for tourists and locals alike. Just as you begin to enter Old Town from 89A, there is an unmistakable property that embodies everything about Old Town in one eclectic offering. With a full service restaurant/bar, spacious front patio with comforting appeal for both indoor and outdoor gatherings and a freestanding retail building that can be used as an office or showroom or leased separately, this property has everything you need for a new venture.
Details
Maps
Contract Info
Status: Closed
Listing Agreement Date: 2023-11-03
Sold Price: $675,000
Current Price: $675,000
List Price/SqFt: 242.56
Property Sub-Type: Retail Building
Location Tax Legal
County: Yavapai
Area: 70 - Cottonwood/Clarkdale
Street #: 777
Direction: N
Street Name: Main
Suffix: Street
City/Town Code: Cottonwood
State/Province: AZ
Zip Code: 86326
Geo Lat: 34.745523
Geo Lon: -112.025841
Key Words
Sale/Rent: Sale
Net Op Inc: CLO
Cap Rate: CLO
Down Payment: Submit
Imprv Sz (Gross SF): 2,000 - 4,999
#Tenants/Units: Vacant
Land Size: 0 - .4 AC
Trade/Exchange: Not Applicable
General Property Description
Acres: 0.31
Approx SqFt: 3092
# OH Doors: 1
Status Change Info
Sold Date: 2024-03-01
Sold Price: $675,000
Sold Price/SqFt: 218.3
Financing: Conventional
Property Features
To Show: CLO/KILO
Terms of Sale: Cash; CTM/Assump; Submit
Docs on File: Aerial Photo; DEQ Report; Easements; Flood Zone Info.; Legal Descrip.
Flood Zone: C-Minimal
Interior Amenities: Basement; Display Window; Duo-Pane Win.; Floor Drains; Showroom
Exterior Amenities: Handic. Access
Occupancy: Vacant
Management: Owner
Construction: One Story; Concrete
Roof: Asphalt Shingle; Pitched
Heating: Central; Natural Gas
Cooling: Central Air
Utilities: City Water; Electric; Indiv Metered; Natural Gas; Priv. Trash Co.; Sewer; Telephone; TV Cable
Lot Street Imprvmnts: Curbs; Paved Parking; Sidewalks; St-Blacktop; Unpaved Parking
Location: Downtown; Freestanding
Freeway Turn Time: 5-9 Min
Supplements
Consisting of approximately .31 acres of land fronting Main St this real estate opportunity comes with true flexibility. The turnkey restaurant/bar section can be occupied the next day as a true owner-operator endeavor, or leased immediately to a litany of bar/restaurant-hungry tenants who would love to carve their niche along this bustling corridor. Ample on-site parking. With Cottonwood now flourishing (Merkin Vineyards new stunning multi-million dollar vineyard /winery /tasting room/restaurant/gelateria now OPEN just two blocks away), and with Sedona pricing many users out of the market as they try to keep pace with the flurries of annual tourists, this is the most sensible real estate to plant your investment money for present and future value. See the vision, take the tour, and make it your reality.
Listing Office: Coldwell Banker Northland
Last Updated: September - 06 - 2024
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