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    FOR SALE
    Specialty properties

    297 S Main St A, Cottonwood, AZ 86326

    6,476 SF 0.57 ac lot Built 1996
    Individually Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US07-0510727
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 297 S Main St Unit A in Cottonwood, Arizona, presents a fantastic investment opportunity. Boasting a substantial 6,477 square feet of retail space, this property sits on a double parcel totaling just over 1.14 acres. Currently configured as a large retail space, the layout offers significant flexibility. The building features multiple levels, providing ample storage, with convenient roll-up door access to both the lower and upper levels. An enclosed, fenced patio area is ideal for showcasing merchandise, creating outdoor seating for a restaurant, or establishing a tasting room for a winery. The property includes paved front parking and an additional dirt lot behind the main retail space. The existing shed on the northern lot will be removed, opening up possibilities for additional structures or expanded usage. The property's size and layout allow for the potential division into two separate commercial spaces, catering to a variety of business needs. The seller is open to considering a carryback mortgage or a 1031 exchange. This prime Cottonwood location offers high visibility and significant potential for growth. The property is priced at $1,300,000.

    Property profile
    Verified
    Property type Specialty properties
    Use group CHARITABLE ORGANIZATION
    Year built 1996
    Construction CONCRETE
    Total area 6,476 SF
    Lot 0.57 ac (24,829 SF)
    APN 406-45-062A
    UPID US07-0510727
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Twice Nice Thriftique Discount Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $925k
    Owner & transaction history
    Verde Valley Sanctuary · 8 yrs held
    Verde Valley Sanctuary
    since 2018
    5 recorded transactions
    2018
    $600,000
    2010
    $395,000
    2010
    $490,000
    2010
    $490,000
    2006
    $931,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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