$1,050,000
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102 E Pima St St Cottonwood, AZ 86326
4,988 SqFt
Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,988 sqft
Price per Sqft $210
Subdivision Cottonwood Addition
MLS Listing ID 533268
Sold Date 03/29/24
Year Built 1960
Annual Tax Amount $4,406
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Commercial
Source Sedona Verde Valley Association of REALTORS®
Property Description
Is this for real?! Incredible opportunity to purchase an amazing & versatile property located in Old Town Cottonwood! Found just off Main Street & across the street from the Old Town Activity Park - be part of the explosive restaurant & wine/spirits scene of this charming town.
This special listing incl. TWO highly renovated Buildings, sold AS IS, w/C-1 zoning. Each w/its own outdoor patio & commercial kitchen.
Price includes all FFEs for both buildings w/a robust inventory list to get a business popping immediately.
If you're looking to set up shop in thriving Old Town Cottonwood, the time is now!
Read the supplement & the photo narratives for all the lovely details on this fantastic opportunity. 102 E. Pima Street | Old Town Cottonwood, AZ
In a prime location that is visible from other restaurants and across the street from the activity park, this gem commercial space is ready for someone to take the current owner's vision & hard work to the next level! An amazing opportunity to have two renovated C-1 buildings running as successful businesses. The flexibility of use can be used in myriad ways to support a wide array of businesses including Bar/Restaurant, Wine & Spirits Tasting Room, Event Center, Catering Business, Yoga/Exercise Center, Art Gallery, Entertainment Venue - virtually anything that asks people to gather and participate in the activities and playtime need for a balanced vibrant life!
If your vision requires ambient outdoor space, you will find it here with the two patio areas. Use one building for your own business and rent the other for an income stream - this is a golden opportunity!!
The current list price is for the real estate and fully equipped with virtually all of the FFEs to run a successful tasting room + a restaurant/bar. Owner is open to just selling the buildings if the FFEs are not needed. Please discuss with the listing agent.
All showings will require agent accompany and require a minimum of 24 Hour notice.
Please continue reading the detailed descriptions for each building along with the information in the photo narratives. Check out the media section of the listing to see an impeccable 3D tour of each building.
BUILDING 1 | 3268 sq. ft. | BUILT 1951 | HISTORICAL LANDMARK
The larger building was formerly a church but is currently operating (by the owner) as the Crown Club Bottle Shop - a specialty wine & spirits retail store + tasting room. This huge space can double as a special events locale accommodating up to 100 people. It has a front outdoor patio w/seating for 12. Has undergone substantial renovations since 2015. Front space houses retail liquor sales, lounge seating areas, a 6-person bar for wine tastings & wine education, and 2 three-stall bathrooms. The back of the building includes climate controlled liquor storage with security features, an owner office that houses an extensive security system w/a large monitor showing live feed for all on-site cameras, a huge commercial kitchen space (see photos for details) and a large storage room.
The building has been previously used by the owner for Paint & Wine Parties, specialty dinners, hosting community group gatherings, and rented out for private events.
At one point in the history of the building, the huge commercial kitchen served the Senior Center. It had an Ansul Hood System and the venting is still in place so that could be restored to bring the kitchen back to its highest & best use. Prior to current ownership, the building had been granted a CUP from the city for wine production. There is the possibility to get that CUP restored - Buyer has sole responsibility for the due diligence if material to the purchase of the building.
You will fall in love with Crown Club Bottle Shop and its huge array of features!
BUILDING 2 | 1720 sq. ft. | BUILT 1967 | BAR/TAVERN
Until 2022 this building was running as the much loved local favorite, 3 Kings Kasbar! A gorgeous custom designed restaurant & bar boasting a delightful Mediterranean menu & high quality craft cocktails, with specialty Belgian beers on tap. Completely envisioned by the owner to reflect her world travels and helped brought to life by the respected Mussa+Associates Design Group of Sedona in 2015. You will have a hard time deciding if you like the indoor space better than the outdoor space, because they are both amazing! Just had a new roof put on in Sept 2023.
The outdoor patio space is huge (capacity for 50) and like no other patio setting in the Sedona/Verde Valley area. Myriad seating areas to create cozy nooks for two, or group seating at the custom tables & benches. With TWO custom made concrete fire pits, you can't believe the amazing atmosphere created at night - twinkling stars & fairy lights will entrance all who hang out in this space. Half of the patio is protected by a fully covered pergola so even on misty nights, you can be outdoors. If you want to be right up on the action, step up to the 10-seat custom bar with a copper counter top and a roll top "garage door" style window that lets the fresh air in.
The inside space (capacity for 50) is fantastic with a 10-seat bar continuing with the copper bar top, charming lighting, & custom tile work. The bar itself is slick and high functioning - set up with two Point of Service locations. See photos for details & descriptions.
The rest of the dining room is integrated beautifully with an array of seating options. Cozy tables for two with upholstered chairs, a large wood table for a group. and then finally an array of banquette seating w/bistro tables & chairs. The whole space has delightful decor from around the world - you will feel like you aren't in Arizona anymore!
Regarding the building details, there is a small but mighty kitchen with prep areas, a cast iron oven, refrigeration, reach-in freezer + compliant dishwashing area. You can exit the building to the alley way for safety of kitchen staff. There is also a server prep area for beverage & place setting set-up. It adjoins the nice sized stainless steel walk-in refrigerator that is as chilly as it gets! With food shelving on one side and the space for all beer kegs/lines on the other side. Finally there are two individual unisex bathrooms to accommodate guest.
There is truly no other space like this in the area and you will have a hard time resisting the charms of this imaginative restaurant & bar. It literally looks like it is still open for business and locals sure wish it was!
We look forward to meeting with the public with this special sale! We know the perfect match is out there who will see the magic of this property and all the potential by choosing to do business in Old Town Cottonwood!
Location
State AZ
County Yavapai
Community Cottonwood Addition
Direction Take N Main Street into Old Town Cottonwood & turn onto E. Pima Street - go up one block and park in front of buildings. Ample street parking & conveniently located across the street from Old Town Activity Park.
Interior
Interior Features Security, Garage Door Opener, Ceiling Fan(s)
Heating Forced Air, Electric, Heat Pump
Cooling Gas, Window Unit(s), Evaporative Cooling, Central Air, Ceiling Fan(s), Other
Exterior
Exterior Feature Other
Parking Features Off Street
Others
Tax ID 40634052
Security Features Fire/Smoke Alarm
Acceptable Financing Cash to New Loan, 1031 Exchange, Cash
Listing Terms Cash to New Loan, 1031 Exchange, Cash
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