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Investment Highlights

  • Flex occupancy: One residential unit occupied – exceptional upside potential
  • Updated infrastructure that minimizes immediate capital expenditure
  • Unit Configuration: Two adaptable units for multi-tenant flexibility
  • Ability to customize and occupy and lease the remaining units to suit market demand
  • Modern upgrades juxtaposed with historic features
  • Visibility: Strategically situated for high exposure and accessibility

Executive Summary

Write the next chapter of this historic property's glorious biography. From an opulent early 20th century home to its most recent iteration as a sumptuous wine tasting room with modern finishes juxtaposed with carefully preserved vestiges of the past, flexibility and creativity abound. Spanning nearly two acres and nearly 4,200 SF of collective improvements, this property beckons a continuation of new experiences and visions, just as it nurtured those experiences from previous generations. Both structures are infused with a sophisticated, inviting ambiance, ensuring a refreshed aesthetic and reliable functionality for forward-thinking investors and entrepreneurs seeking a unique opportunity in this dynamic market. From a traditional bed and breakfast to a fine dining restaurant with the most beautiful courtyard in the city to an artist gallery to a mixed-use tenancy to traditional office, with room to grow, the options are endless. Whether you are a seasoned investor searching for your next value-add project, a retailer ready to expand, or an entrepreneur seeking a strategic foothold in Northern Arizona, this property delivers the footprint to turn your vision into reality. 315 S. Willard is more than just a building – it’s a work of art. With sturdy construction, fresh upgrades, and practical floor plans, this asset stands ready to meet the demands of today’s market and tomorrow’s ambitions. Once you step foot inside this timeless space, you will clearly see that this is a place where history is not merely remembered, but truly lived.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $92,045 $19.50
Other Income - -
Vacancy Loss $4,109 $0.87
Effective Gross Income $87,935 $18.63
Taxes $7,396 $1.57
Operating Expenses $4,109 $0.87
Total Expenses $11,506 $2.44
Net Operating Income $76,430 $16.19

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $92,045
Annual Per SF $19.50
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $4,109
Annual Per SF $0.87
Effective Gross Income (CAD)
Annual $87,935
Annual Per SF $18.63
Taxes (CAD)
Annual $7,396
Annual Per SF $1.57
Operating Expenses (CAD)
Annual $4,109
Annual Per SF $0.87
Total Expenses (CAD)
Annual $11,506
Annual Per SF $2.44
Net Operating Income (CAD)
Annual $76,430
Annual Per SF $16.19

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,626 SF
Building Class
B
Year Built
1914
Price
$1,301,224 CAD
Price Per SF
$281.29 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,626 SF
Building FAR
0.06
Lot Size
1.84 AC
Zoning
C-1 - C-1 (Neighborhood/Light Commercial), supporting a broad range of commercial and mixed-uses.
Parking
20 Spaces (4.32 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Courtyard
  • Fenced Lot
  • Security System
  • Signage
  • Wheelchair Accessible
  • Reception
  • Storage Space
  • Outdoor Seating
  • Fire Pits
  • Air Conditioning
  • Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
406-42-109B
Land Assessment
$330,629 CAD
Improvements Assessment
$928,865 CAD
Total Assessment
$1,259,494 CAD
Annual Taxes
$7,396 CAD ($1.60 CAD/SF)
Tax Year
2026
  • Listing ID: 37457838

  • Date on Market: 2025-05-29

  • Last Updated:

  • Address: 315 S Willard St, Cottonwood, AZ 86326

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