1017 Main St Cottonwood, AZ 86326
- Retail space
- 2,160 SF
- 0.05 lot acres
Current Use by Public Records
- Hart of AZ Art Gallery / Art Gallery
Property Details for 1017 Main St
- Year built
- 1941
- Construction
- CONCRETE
- Lot size
- 0.05 lot acres
- Property size
- 2,160 SF
- Property type
- Retail space
- APN
- 406-34-001
- APU
- 40634001
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $510,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $505,000
- 6.5%
- $535,000
- 7%
- $495,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $570,000
- Geo Method
- $520,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $610,000
- Retail
- $625,000
- Mixed-Use
- $540,000
- Hospitality
- $640,000
- Educational
- $650,000
- Residential Income
- $590,000
- Energy
- $540,000
- Income-Based Land
- $550,000
- Food Service
- $480,000
Location Insight
- Map
- Local Demand
- City
- Cottonwood
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.027
- Latitude
- 34.7482
- CBSA code
- 39150
- CBSA name
- PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA