$3,265,000
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1037 N Main Street Cottonwood, AZ 86326
General Commercial
Residence
Beds
Baths
5,000
Sq. Ft.
0.1
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
A modern masterpiece within an Old Town setting. Featuring the Lofts of Old Town, an absolute turnkey mixed-use business and real estate investment opportunity, situated in the heart of vibrant Old Town Cottonwood. Constructed in 2020, this two-story work- of-art contains three high-end luxury resid...ential vacation rentals and a ground level storefront retail suite, fully leased. Pride of ownership abounds as the condition of the condos is amazingly immaculate, down to the most miniscule detail. The property features two, 2bd/2ba units approximately 1,350 sf each in size, a spacious 1,100 sf 1 bd/1ba luxury unit, and a 900 sf storefront retail space with a new tenant. Each unit is self-contained with its own unique theme, woven together with the type of careful precision found only in the most luxurious homes. The property shows spectacularly well (only a intimate tour or night stay will properly do it justice), with repeat guests fawning over the comfort, location, and amenities provided. The revenue stream follows the gleaming reviews, as the property averages approximately $145,000 in annual rental income. There are very few comparable investment properties on the market--from the impeccable presentation to the income stream--one that allows a live-work arrangement (the sellers had previously lived in one of the units), a passive investment with the business operating fluidly without hands-on involvement, or a combination of the two. The sellers have done the hard part--creating a masterpiece from the ground up coupled with a thriving business venture to compliment the design. Now it's your turn to do the easy part...take the keys and OWN this truly rewarding and enriching enterprise.
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MLS#
196788
Property Type
General Commercial
Year Built
2020
Square Feet
5,000
sq. ft
Lot Size
0.1
Sewer
Sewer Connected
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