Three-Unit Retail Storefront
For Sale
$1,200,000
909 N Main Street, Cottonwood, AZ 86326
COMMERCIAL - Cottonwood, AZ
Property Size2,958 SF
Lot Size0.08 Acres
Price / SF$405.68
Days on Market803
Property Features for 909 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Window features
Skylight(s)
Directions
Follow I-17 N to AZ-260 W/Finnie Flat Rd in Camp Verde. Take exit 287 from I-17; N Follow AZ-260 W to N Main St in Cottonwood
Subdivision
70 - Cottonwood/Clarkdale
Standard status
Active
APN
40634039
Size
2,958 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
COTTONWOOD ADD LOT 3 BLK 1
Tax Annual Amount
1331
Legal Description
COTTONWOOD ADD LOT 3 BLK 1
Utilities
Utilities
Cable Available
Heating system
Natural Gas, Central
Cooling system
Central Air, Multi Units
Building Details
Year built
1957
Roof type
Flat
Listing Agency:
da Vinci Realty
(928) 779-3800
Listed By:
Mark T Belsanti · License #SA104226000
(928) 779-3800
Added: Jun 4, 2024
Changed: Aug 4
Last Checked: Aug 15 at 9:06PM
MLS# 197022
Copyright © 2026 Northern Arizona Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The subject property at 909 N Main Street is a three-unit retail storefront building with 3 fully occupied units. The total building size is 2,958 SF. Built in 1957, the building is zoned for Light Commercial and features a flat roof. For comfort and operations, it has central heating with natural gas and central air cooling (listed as multi units, central air).
The property is located in Cottonwood, AZ, within the Historic Old Town Cottonwood retail landscape. Utilities noted include cable available.
This configuration supports an owner-operator or retail investment approach, with the current offering providing 100% occupancy at the time of listing.
The property is located in Cottonwood, AZ, within the Historic Old Town Cottonwood retail landscape. Utilities noted include cable available.
This configuration supports an owner-operator or retail investment approach, with the current offering providing 100% occupancy at the time of listing.
Key Highlights
- 2,958 SF three‑unit retail storefront building with 3 fully occupied units
- Zoned Light Commercial storefront use
- Built in 1957 with flat roof
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,276
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,025,520
$1.0M
Cap Rate 7%
$732,514
$732.5K
Cap Rate 9%
$569,733
$569.7K
Market Conditions
NOI Build-Up for 2,958 SF
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.
Gross rent
$77.0K $26.04/SF
− Vacancy
−$3.8K −$1.28/SF
EGI
$73.3K $24.76/SF
− OpEx
−$22.0K −$7.43/SF
NOI
$51.3K $17.33/SF
Area
Yavapai County, AZ
Vacancy
4.90%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,025,520
Cap Rate 7%
$732,514
Cap Rate 9%
$569,733
Alternative Uses
Best Use
Retail
$732.5K
$641.0K – $854.6K
NOI $51,276 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$990.9K
$867.1K – $1.16M
NOI $69,365 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
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?
Storefront property - Three fully occupied retail units in a Light Commercial storefront building with central heat and central air.
Where is this storefront property located?
The property is located at 909 N Main Street Cottonwood, AZ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2,958 SF three‑unit retail storefront building with 3 fully occupied units; Zoned Light Commercial storefront use; Built in 1957 with flat roof
