855.375.4001
Listing Courtesy of: Howard McBride - Coldwell Banker Northland 928-526-5309
$3,515,000 affordable loan icon Calculate Payment

1037 N Main St Cottonwood, AZ 86326

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Business Opportunities Residence
Beds
Baths
... Bed/Bath
5,000 Sq. Ft.

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Last updated on 6/28/2024 5:45 PM
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. Continue reading
MLS#
536161
Property Type
Business Opportunities
Year Built
2020
Square Feet
5,000 sq. ft
Lot Size
0.1

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Listing Courtesy of: Howard McBride - Coldwell Banker Northland 928-526-5309
Andrea Conner, License #BR685747000, Xome Inc., License #LC658141000 [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

The data on this web site comes in part from the Sedona Verde Valley Association of REALTORS®. The listings presented on behalf of the Sedona Verde Valley Association of REALTORS® may come from many different brokers but are not necessarily all listings of the Sedona Verde Valley Association of REALTORS® are visible on this site. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Information is believed to be reliable, but not guaranteed.
This content last refreshed on 6/28/2024 5:45 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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