1632 Cottonwood StCottonwood, AZ 86326

Property Details for 1632 Cottonwood St

Year built

1983

Construction

CONCRETE

Lot size

0.03 AC

Property size (Sq ft)

1,398 SF

Property type

Retail space

APN

406-04-007F

APU

40604007F

Description

This exceptional opportunity presents a thriving, established barber shop located in the heart of Cottonwood, Arizona. Situated at 1632 E Cottonwood Street, this turnkey operation boasts 1,399 square feet of space on a 0.03-acre lot. The business enjoys a loyal clientele base built over many years, ensuring a consistent revenue stream for the new owner. All equipment and fixtures are included in the sale, making this a seamless transition for a prospective buyer. The property is priced at $375,000 and presents a unique chance to own a well-established business in a desirable location. The current setup is ready to generate income immediately, minimizing the need for significant upfront investment beyond the purchase price. This is an ideal opportunity for a seasoned barber looking to own their own shop or an investor seeking a profitable, established business. Interested parties should inquire about potential financing options, including owner-carryback or lease-purchase arrangements. This is a rare chance to acquire a profitable, established business with a strong reputation and loyal customer base in a vibrant community. The property's central location in Cottonwood ensures high visibility and accessibility for customers. Don't miss this chance to own a piece of Cottonwood's thriving business community.

• CAP approach

  CAP return

  Valuation

  6%

  $329,454

  6.5%

  $304,111

  7%

  $282,389

• Comparable approach

  Method

  Valuation

  Relative Method

  $543,064

  Geo Method

  $543,064

• Alternative Use

  Use

  Valuation

  Residential

  $256,529

  Hospitality

  $234,979

  Educational

  $195,500

  Medical

  $202,224

  Retail

  $304,111

Location Insight

City

Cottonwood

County

Yavapai

State

Arizona

Latitude

34.7289

Longitude

-112.009

CBSA code

39150

CBSA name

PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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