1037 Main St Cottonwood, AZ 86326

Property Details for 1037 Main St

Year built

2020

Property size

5,000 SF

Property type

Commercial real estate

Description

This exceptional mixed-use property, located at 1037 N. Main St., Cottonwood, AZ 86326, presents a unique investment opportunity. The 5,000 square foot, Class A building, constructed in 2020, boasts a prime location in the heart of Old Town Cottonwood. The property features one single-story building with two stories, encompassing four units: three high-end, fully furnished luxury vacation rentals (two 2-bedroom/2-bathroom units of approximately 1,350 square feet each, and one 1-bedroom/1-bathroom unit of 1,100 square feet) and a 900 square foot ground-level retail space. All units are currently 100% occupied, generating a strong income stream. The property sits on a 4,356 square foot lot and includes three parking spaces. The permitted zoning is C-1, allowing for flexibility in future uses. Rent bumps are included in the lease agreements. This turnkey operation offers a compelling opportunity for owner-users seeking a live-work arrangement, passive investors, or a combination of both. The meticulously maintained property benefits from a strong reputation, attracting repeat guests. The seller is offering a seller carryback option. This is a rare opportunity to acquire a thriving business and a valuable real estate asset in a desirable location. The property is organized as an LLC.