$3,515,000
Active
15 Days Online
0 Beds0 Baths5,000 SQFT
Active

1037 N Main St Cottonwood, AZ 86326

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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 residential 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.

  • Property TypeCommercial
  • NeighborhoodNew Old Town
  • CountyYavapai
  • Taxes$4,177
  • HOA/Condo/Coop Fees$0
  • Days on Site15 Days
  • MLS StatusActive
  • MLS ID Number536161
  • Home Size Source Plans
  • Year Built2020
  • Lot Size0.1 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking 1 - 9 Cars
  • Acreage 0.1
  • Water Public
  • Security Fire/ Smoke Alarm
  • Property Sub Type Business
  • Zoning C-1

Interior Features

  • Cooling DuctlessOther
  • Heating Individual HeatElectric
  • Interior Living QuartersFireplace
  • Laundry Features Laundry Room

Community Features

  • MLS Area 10 - Cottonwood
  • Security Features Fire/ Smoke Alarm

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Monthly Payment (Est.)

$18,765
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