Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1017 Main St Cottonwood, AZ 86326

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $499,000

    Charming, versatile space in vibrant Old Town.

    Property size:
    2,160 SF

    Property Features for 1017 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,160 SF
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1941

    We can help!

    Listing Contact
    Ken Robertson

    Listing Agency: Russ Lyon Sotheby's Intl Rlty Listing Agent: Ken Robertson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 2,160 square foot commercial property, located at 1017 N Main St in Cottonwood, Arizona, presents a unique investment opportunity in the heart of Old Town's revitalized wine district. Situated on a 0.05-acre lot, the building boasts a rich history, previously serving as both an art gallery and a custom furniture shop. Its adaptable layout offers immense potential for a variety of businesses, from retail establishments and cafes to continuing its artistic legacy. The open floor plan allows for creative customization to suit individual needs. Practical features enhance its appeal, including a rear garage door providing convenient alley access for deliveries. Ample parking is available both on Main Street and in the lot adjacent to the Ledbetter Law Firm. This prime location places your business amidst a thriving community, surrounded by wine tasting rooms, antique shops, art galleries, restaurants, and boutiques. The property's central position within Old Town Cottonwood ensures high visibility and foot traffic, making it an ideal location for a business seeking to thrive in a vibrant and culturally rich environment. The asking price is $499,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hart of AZ Art ... Art Gallery

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cottonwood
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.027
    Latitude
    34.74825

    Nearby Similar for Sale

    • $950,000
      4,194 SF

      Historic Cottonwood Commercial Opportunity

      Versatile commercial property in Cottonwood, Arizona, with significant potential.
      315 S Willard St, Cottonwood, AZ 86326
      View Details
    • $1,100,000
      1.20 Acres

      Profitable Dealership on State Route

      Turnkey auto sales business with high earnings and growth potential.
      755 E State Route 89A, Cottonwood, AZ 86326
      View Details
    • $1,200,000
      2,958 SF

      Retail Investment Opportunity in Cottonwood

      2,958 SF retail building in historic Cottonwood, Arizona.
      909 N Main St, Cottonwood, AZ 86326
      View Details
    • $399,000
      0.16 Acres

      Commercial Property in Cottonwood, AZ

      Commercial property in Cottonwood, AZ, with stable cash flow.
      2649 S Village Dr, Cottonwood, AZ 86326
      View Details
    • $750,000

      Profitable Spa and Wellness Center

      Established spa and wellness center with recurring revenue streams.
      002 Undisclosed Way, Cottonwood, AZ
      View Details
    • $1,200,000
      3,172 SF

      Cottonwood Assisted Living Home

      Established assisted living home with strong cash flow near Sedona.
      1600 E Assisted Living Way, Cottonwood, AZ 86326
      View Details
    • $895,000

      Freestanding Owner/User Opportunity

      Freestanding commercial building with effortless parking.
      303 S Main St, Cottonwood, AZ 86326
      View Details
    • $975,000
      4 SF

      Historic Mixed-Use Property Opportunity

      Versatile property with historic charm and modern upgrades.
      315 S Willard St, Cottonwood, AZ 86326
      View Details
    • Contact for pricing
      5,653 SF

      Cottonwood Office Building For Sale

      Office building in Cottonwood, Arizona, with versatile zoning.
      303 S Main St, Cottonwood, AZ 86326
      View Details
    • $439,000
      1,331 SF

      Cottonwood Commercial Property

      Prime location, versatile space, high potential.
      601 Mingus Ave, Cottonwood, AZ 86326
      View Details
    • $300,000
      2,579 SF

      Cottonwood Commercial Corner Lot

      High-traffic corner lot, ideal for retail.
      10 Main St, Cottonwood, AZ 86326
      View Details
    • $1,595,000
      8,788 SF

      Cottonwood Retail Investment

      8,788 SF Storefront, Owner/User
      415 Main St, Cottonwood, AZ 86326
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Charming, versatile space in vibrant Old Town.
    Where is this commercial real estate located?
    The property is located at 1017 Main St Cottonwood, AZ.
    What is the asking price?
    The asking price for this property is $499,000.
    (928) 282-5966
    Request Owner's contact information
    1017 Main St Cottonwood, AZ 86326
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1017 Main St
    Cottonwood, AZ 86326
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1017 Main St Cottonwood, AZ 86326
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ken Robertson
    (928) 282-5966
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!