Mixed-Use Building with On-Site
For Sale
$923,000
1123 N MAIN Street, Cottonwood, AZ 86326
C-1 zoning, multiple interior areas, and residential quarters support a combination of commercial and living uses.
Property Size4,335 SF
Days on Market351
Property Features for 1123 N MAIN Street
General Information
Standard status
Active
Size
4,335 SF
Property subtype
COMMERCIAL
Zoning
C-1
Taxes and HOA fees
Annual Taxes
$1,885
Building Details
Building Size
4,335 SF
Year Built
1939
Listing Agency:
Coldwell Banker Realty
(928) 300-9096
Listed By:
Thomas Garrow · License #BR545876000
(928) 300-9096
Source:
Adobegr
Added: Aug 20, 2025
Changed: Aug 4
Last Checked: Aug 5 at 4:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Built in 1939, this mixed-use property combines a commercial storefront with residential components. The building is currently used by Hippy Emporium and includes four separate areas on the upper level, along with an apartment and additional living quarters downstairs. C-1 zoning provides for other business options beyond the existing operation. A dedicated parking lot is positioned at the front of the property.
The property is located on N Main Street in Old Town Cottonwood and extends back to the Cottonwood Ditch. Its street-facing commercial position, existing retail use, upper-level configuration, and residential space create a varied layout for an owner-user or investor evaluating a mixed-use asset.
The property is located on N Main Street in Old Town Cottonwood and extends back to the Cottonwood Ditch. Its street-facing commercial position, existing retail use, upper-level configuration, and residential space create a varied layout for an owner-user or investor evaluating a mixed-use asset.
Key Highlights
- C‑1 zoning supports business‑use flexibility
- Four distinct areas located upstairs
- Apartment and living quarters on the lower level
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.9k | $26.04 |
| − Vacancy | −$5.5k | −$1.28 |
| EGI | $107.4k | $24.76 |
| − OpEx | −$32.2k | −$7.43 |
| NOI | $75.1k | $17.33 |
4,335 SF · lease $26.04/SF/yr · vacancy 4.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.07M
$939.3K – $1.25M
NOI $75,146 @ 7.0% cap · market cap 8.14%
Second Best
Mixed Use
$836.0K
$731.5K – $975.4K
NOI $58,523 @ 7.0% cap · market cap 6.34%
Theoretical Best
Warehouse
$1.45M
$1.27M – $1.69M
NOI $101,655 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
25,367 visits/mo
0.2 miles
Demographics for 86326, AZ
24,465
Population
12,243
Households
2
Avg Household Size
49
Median Age
25%
College-Educated
91%
High-School Grad
45.5 sq mi
ZIP Area
538
Density / Sq Mi
$58,250
Median Household Income
$36,479
Median Earnings
$1,102
Median Rent
$312,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C-1 zoning, multiple interior areas, and residential quarters support a combination of commercial and living uses.
Where is this mixed-use property located?
The property is located at 1123 N MAIN Street Cottonwood, AZ.
What is the asking price?
The asking price for this property is $923,000.
What are key features of this property?
This property features: C‑1 zoning supports business‑use flexibility; Four distinct areas located upstairs; Apartment and living quarters on the lower level
