Mixed use custom built retail complex with 3 bldgs in center of Cave Creek. Owner occupies 2/3 of the complex with 3 of it's businesses. The Hair Salon and Grotto Cafe are under 3rd party leases. CAP rate represents below market rates for owner's leases. Owner willing to negotiate new leases and rates for its businesses. Property is an extraordinary, custom built complex with unique features and grounds that make it the nicest property in Cave Creek. This would be highly desirable for an owner occupant looking for a retail location complemented by several solid tenants in place. $3 million assumable loan at 3.5% available. Financials, expenses, & leases available with acceptable LOI. Please do not contact tenants
''Kachina Village'' in Tonto Hills. Zoned C-2 (Commercial/Mixed Use) 24 parcels totaling 6.19 acres. A perfect site for a General Store/Gas Station, Garage Condos, Retail/Restaurant(s), Residential Condos with rooftop access, and pickleball ''club'' right at the intersection of Cave Creek Road and Tonto Hills. This assembly acreage is the last commercial/mixed-use offering before entering the National Forest. Surrounded by Desert Mountain, Mirabel, Carefree Rolling Hills, Bartlett Lake and Cave Creek Road. This is an opportunity to purchase and create a last of its kind ''Main Street'' style experience benefiting the surrounding communities and capturing the robust tourist traffic. Don't miss out! *World's tallest Kachina stands proudly at entrance to Tonto Hills. The property is part of a domestic water improvement district, DWID and receives water through a private water company. The DWID is owned by the Tonto Hills community. As for sewer, the community is Septic. Across the street is Desert Mountain Outlaw, all on Sewer, so sewer is not far. You would just need to get approval through Maricopa County, and City of Scottsdale.
NOTE: This property is a candidate to host Food Network's: ''American BBQ Competition'' with BOBBY FLAY! Frontier Town, a western-themed retail center, situated on 6.02 prime acres, is centrally located in the heart of Cave Creek, AZ. The property spans three parcels and offers over 650 feet of frontage to Cave Creek Road, the main road through town with an average of 11,000 vehicles per day. Zoned TCC (Town Commercial Core), it offers flexibility in use and specialty. Under the same ownership since 1971, Frontier Town has been a cornerstone of community life, hosting over a dozen retail tenants offering a diverse array of goods. It is 100% occupied and carries a low WALT. The surrounding trade area is a retail haven, featuring major brands like Fry's Marketplace, Home Depot, Lowe's, CVS, Walmart, Auto Zone, Big O Tires, Burger King. Additional retail brands include the following: Chipotle, Dunn-Edwards Paint, Dutch Bros, Firehouse Subs, Jiffy Lube, Mod Pizza, Sprouts Farmer's Market, Starbucks, Tractor Supply, and many others. Within a 10-minute radius resides the two-year old 31,500 SF Abrazo micro-hospital, reflecting a commitment to health and well-being in the community. As the area experiences new construction, high-end single-family residential communities and condos catering to diverse lifestyles, Frontier Town stands as prime opportunity for redevelopment. Entrepreneurs, developers, and visionaries alike are invited to transform its legacy and contribute to the vibrant narrative of Cave Creek's future.
ESTABLISHED & DYNAMIC BUSINESS LOCATION. STRIKING TWO STORY BUILDING WITH RETAIL CURRENTLY ON GROUND FLOOR. UPSTAIRS HAS HISTORY OF SMALL BUSINESS SUITE USE WITH INDIVIDUALLY SECURED ENTRY DOORS FOR NINE OFFICES. RESTROOMS TWO UP & TWO DOWN. GROUND FLOOR WELL POSITIONED FOR FOOD RELATED USES, RETAIL, ART, OR CONSIGNMENT. TOP FLOOR OFFICES COULD ADD ADDITIONAL INCOME LEASED TO INDIVIDUAL OFFICE TENANTS WITH SMALLER SPACE REQUIREMENTS TO SATISFY PENT UP AREA NEED. NON LOAD BEARING WALLS SECOND LEVEL TO BE VERIFIED. PERHAPS B&B UPSTAIRS WITH APPROPRIATE PUBLIC RESTAURANT/RETAIL BELOW? OWN THIS ICONIC LOCATION WITHIN AN EQUALLY ICONIC , FRIENDLY WESTERN COMMUNITY. DO NOT DISTURB BUSINESS OPERATIONS, OWNERS, OR CUSTOMERS. SUPPLEMENT- MECHANICS ETC. FOUR, THREE PHASE 120/240 PANELS, TWO UP, TWO DOWN. FOUR , SIX TON HVAC UNITS, TWO UP, TWO DOWN. BLUEPRINTS CAN BE COPIED WITH ACCEPTABLE OFFER. INDEPENDANTLY VERIFY ALL INFORMATION.
The median home value in Cave Creek, AZ is $805,000. This is higher than the county median home value of $272,900. The national median home value is $219,700. The average price of homes sold in Cave Creek, AZ is $805,000. Approximately 70.58% of Cave Creek homes are owned, compared to 10.68% rented, while 18.74% are vacant. Cave Creek real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cave Creek real estate agent to arrange a tour today!
Cave Creek, Arizona has a population of 5,423. Cave Creek is less family-centric than the surrounding county with 13.77% of the households containing married families with children. The county average for households married with children is 31.95%.
The median household income in Cave Creek, Arizona is $91,500. The median household income for the surrounding county is $58,580 compared to the national median of $57,652. The median age of people living in Cave Creek is 57.5 years.
The average high temperature in July is 105 degrees, with an average low temperature in January of 42 degrees. The average rainfall is approximately 9.8 inches per year, with 0 inches of snow per year.