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28261863
28261853

677 E Mingus Ave, Cottonwood, AZ 86326

PH
AZ BR527203000, AZ AZ BR527203000
McMahon & Miller Commercial Real Estate
Listed by McMahon & Miller Commercial Real Estate
$999,000
221 days on market
Updated 50 days ago

Jerona Cafe & Kitchen

Details
APN 406-42-255A,406-42-255D
Property Type Retail
Sub Type Restaurant
Square Footage 6,500
Net Rentable (SqFt) 6,500
Cap Rate 6.35%
NOI $63,476
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 5.4
Lease Expiration 12/21/2028
Remaining Term 2.5
Price per SqFt $154
Broker Co-Op Yes
Class B
Year Built 2005
Buildings 2
Zoning C-1
Parking Spaces 30 spaces
Parking Per SqFt 4.62
Investment Type Owner/User
Lease Commencement 07/25/2023
Ownership Fee Simple

Retail Coffee Shop Kitchen | 6,500 SqFt

Marketing description

Prime investment opportunity in the heart of Cottonwood! This centrally located property sits near the Post Office, Garrison Park, the Rec Center, and historic Old Town—perfectly positioned for visibility and convenience. With two parcels and C-1 commercial zoning, the possibilities are endless. The property features 3,169 sq ft of retail/restaurant space, ideal for an owner/operator to bring their vision to life. Upstairs, a spacious 2,280 sq ft penthouse apartment provides stylish living quarters or rental income potential, while a 1,092 sq ft garage adds valuable storage and flexibility. With over 40 parking spaces, your guests and customers will always feel welcome.

Listing Contacts

PH
AZ BR527203000, AZ AZ BR527203000
McMahon & Miller Commercial Real Estate
Listed by McMahon & Miller Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$63,476.00
$5,289.67/mo

Valuation Metrics

0
DSCR
6.35%
Cap Rate
6.35%
ROI

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Additional Information

Name
Padraic Hawley
License
BR527203000
Brokerage
McMahon & Miller Commercial Real Estate
Brokerage Phone
928-224-2709
Title
Associate Broker
Brokerage Address
671 Arizona 179
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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