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677 E Mingus Ave
Cottonwood, AZ 86326
Jerona Cafe · Office Property For Sale
Investment Highlights
- Mixed-use opportunity
- Recently remodeled residential suites
- Second generation kitchen space with FFE
Executive Summary
Priced to sell.
Rare mixed-use IDEAL for owner-user or investor (or both with revenue in place). The property includes an established restaurant/café buildout with equipment included, two residential apartments, warehouse/storage space, rear storage shed, and ample on-site parking across two parcels totaling approximately one acre. Excellent flexibility with current leases (call/email broker for details w/signed NDA).
Positioned along a primary Cottonwood commercial corridor with strong visibility (accross from USPS) and an offering-package-reported ±20,000 ADT on Mingus Avenue, the asset is well suited for restaurant, retail, office, service, hospitality, or residential income use, subject to applicable zoning and city requirements.
Rare mixed-use IDEAL for owner-user or investor (or both with revenue in place). The property includes an established restaurant/café buildout with equipment included, two residential apartments, warehouse/storage space, rear storage shed, and ample on-site parking across two parcels totaling approximately one acre. Excellent flexibility with current leases (call/email broker for details w/signed NDA).
Positioned along a primary Cottonwood commercial corridor with strong visibility (accross from USPS) and an offering-package-reported ±20,000 ADT on Mingus Avenue, the asset is well suited for restaurant, retail, office, service, hospitality, or residential income use, subject to applicable zoning and city requirements.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
6,500 SF
Building Class
B
Year Built
2005
Price
$1,357,411 CAD
Price Per SF
$208.83 CAD
Percent Leased
51%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,250 SF
Building FAR
0.31
Lot Size
0.48 AC
Zoning
C-2 - Commercial
Parking
19 Spaces (2.92 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 406-42-255A | Improvements Assessment | $1,573,304 CAD |
| Land Assessment | $149,680 CAD | Total Assessment | $1,722,984 CAD |
Property Taxes
Parcel Number
406-42-255A
Land Assessment
$149,680 CAD
Improvements Assessment
$1,573,304 CAD
Total Assessment
$1,722,984 CAD
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