$305,000
$325,000
6.2%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/05/2024
Key Details
Sold Price $305,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision New Old Town
MLS Listing ID 534508
Sold Date 11/05/24
Year Built 1978
Annual Tax Amount $2,125
Tax Year 2023
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
If you've taken a stroll down Main St in Old Town Cottonwood, AZ, then you know the lure. With its mix of wine tasting rooms, diverse restaurants, artist galleries, and lodging, Old Town has become a state-wide and regional premiere destination for tourists and locals alike. Just as you begin to enter Old Town from 89A, there is an unmistakable property that embodies everything about Old Town in one eclectic offering. Over .50 acres fronting N. Main St, this property offers gathering/private event space with green space as its back-drop, ripe for redevelopment or make use of the car wash bays for automotive uses or storage, and plenty of improved land for an ATV rental, boat rental, tour bus location, RV park, boutique hotel, etc. Consisting of five parcels encompassing over a half acre fronting Main St, this real estate opportunity comes with true flexibility. Make use of the spacious area for any commercial or mixed use endeavor. Curbs, gutters, storm drains, and sidewalks - all site
improvements are in place. Broker can provide buyer with a full description of previous use (s) and operations as well as a new restaurant owner of the adjacent property to create strong synergies. With Cottonwood now flourishing (Merkin Vineyards new stunning multi-million dollar vineyard /winery /tasting room/restaurant/gelateria now OPEN just two blocks away), and with Sedona pricing many users out of the market as they try to keep pace with the flurries of annual tourists, this is the most sensible real estate to plant your investment money for present and future value. See the vision, take the tour, and make it your reality.
Location
State AZ
Community New Old Town
Zoning C-1
Direction From Mingus Ave, take a right on Main St, follow Main into Historic Old Town. Property is on the right side at the intersection of North Main St and North Willard.
Interior
Cooling Window/Wall Unit
Flooring Carpet
Exterior
Roof Type Composition,Tile
Private Pool No
Building
Sewer None, Public Sewer
Water City Franchise, Master Meter
New Construction No
Others
Senior Community No
Tax ID 40638025a
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