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INVESTMENT HIGHLIGHTS
- Two story masonry brick shell building (2006) on Main Street; zoned C-1 within the “Main Street Corridor” (HYB-1).
- Cottonwood is the economic hub of the Verde Valley with strong retail, medical, and tourism activity.
- Ideal for a developer seeking a unique, high quality project.
EXECUTIVE SUMMARY
The opportunity consists of a two-story masonry brick gray shell building that was constructed in 2006. The property is located along Main Street in Cottonwood and is zoned C-1 (Light Commercial). It is also within a hybrid corridor (HYB-1) known as the “Main Street Corridor.” This property offers a strong opportunity for a visionary developer to create a distinctive and high-quality project. Cottonwood is located in the Verde Valley and serves as the economic center of the region, offering a range of services including retail, medical, education, transportation, recreation, and tourism.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Building Size
50,018 SF
Building Class
B
Year Built
2006
Price
$5,357,188 CAD
Price Per SF
$107.11 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
25,009 SF
Building FAR
0.53
Lot Size
2.18 AC
Zoning
C-1 - Light Commercial, C-1
Parking
94 Spaces (1.88 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 406-42-310A | Improvements Assessment | $12,301,926 CAD |
| Land Assessment | $480,333 CAD | Total Assessment | $12,782,259 CAD |
PROPERTY TAXES
Parcel Number
406-42-310A
Land Assessment
$480,333 CAD
Improvements Assessment
$12,301,926 CAD
Total Assessment
$12,782,259 CAD
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635 N Main St
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