C-1 Zoned Retail Building with
1123 N Main St Cottonwood, AZ 86326
1123 N Main St, Cottonwood, AZ, 86326
$979,000
For Sale
$979,000
C-1 retail storefront on N Main St with upstairs areas, apartment living quarters, and an on-site front parking lot.
Property Size4,335 SF
Price / SF$225.84
Days on Market336
Property Features for 1123 N Main St
General Information
- Standard status
- Active
- Size
- 4,335 SF
Listing agency
Coldwell Banker Realty
(928) 300-9096
Listed by
Thomas Garrow · License #BR545876000
(928) 300-9096
Source
Exprealty
Added: Aug 20, 2025 Updated: Jul 21 at 4:02AM Checked: Jul 21 at 4:02AM
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.
This C-1 zoned retail building is currently operating as the Hippy Emporium and includes multiple interior spaces for flexible use. The property features four distinct areas upstairs, along with an apartment and living quarters downstairs for the shopkeeper.
The storefront is located on N Main St and backs up to the Cottonwood Ditch. An on-site parking lot is available out front.
Showings are available with agent accompaniment, and customers and employees should not be disturbed.
The storefront is located on N Main St and backs up to the Cottonwood Ditch. An on-site parking lot is available out front.
Showings are available with agent accompaniment, and customers and employees should not be disturbed.
Key Highlights
- C‑1 zoned retail storefront on N Main St in Old Town Cottonwood
- Currently operated as the Hippy Emporium, with four different upstairs areas plus downstairs living quarters
- Includes an on‑site parking lot out front
Local 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 7.68%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.45M
$1.27M – $1.69M
NOI $101,655 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Hippie Emporium
(Bike/Boat/Book/etc) Store
Lackadaisies collectable clothing ...
Discount Store
Bluefeather Massage A Healing
Alternative Medicine Practice
Nonya's Dance
Theater & Performing Art Venue
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - C-1 retail storefront on N Main St with upstairs areas, apartment living quarters, and an on-site front parking lot.
Where is this storefront property located?
The property is located at 1123 N Main St Cottonwood, AZ.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: C‑1 zoned retail storefront on N Main St in Old Town Cottonwood; Currently operated as the Hippy Emporium, with four different upstairs areas plus downstairs living quarters; Includes an on‑site parking lot out front
