1008 Main St Cottonwood, AZ 86326-3530
This exceptional commercial property, located at 1008 N Main St in the vibrant Old Town Cottonwood, Arizona, presents a rare investment opportunity. Boasting a total of 2,974 square feet, the building offers significant potential for a variety of commercial uses. The main level comprises approximately 2,470 square feet, ideally suited for two separate retail shops, capitalizing on the area's high foot traffic. Its prime location directly across from Nick's Restaurant ensures excellent visibility and accessibility. Adding to its appeal is a 504-square-foot, two-bedroom apartment situated on the second floor. This residential component provides an additional income stream for the property owner, or the possibility of on-site living for the business owner. The building benefits from low operating expenses and features a recently installed new roof, minimizing maintenance concerns. The 0.06-acre lot provides ample space for the building and potential for future expansion. This property is a must-see for savvy investors seeking a versatile and profitable commercial venture in a thriving Cottonwood location. The combination of retail space and residential accommodation makes this a unique and attractive investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.