2115 Mountain RdSedona, AZ 86336

Property Details for 2115 Mountain Rd

Year built

1982

Construction

CONCRETE

Lot size

0.50 AC

Property size (Sq ft)

3,144 SF

Property type

Retail properties

Property subtype

Retail space

APN

408-28-278

APU

40828278

Description

This exceptional 3,144 square foot commercial property, located at 2115 Mountain Rd in Sedona, Arizona, presents a unique investment opportunity. Designed by renowned architect Bob McIntyre in the style of Spanish Mission architecture, this building holds historical significance as the original Joe Beeler foundry and the former home of the 7 Centers yoga studio/school. Nestled on a half-acre lot at the base of Airport Mesa, with breathtaking panoramic views of Thunder Mountain and other prominent Red Rock formations, the property backs directly onto National Forest land. The building features a large open room, a kitchen, 2.5 bathrooms, and additional rooms ideal for offices or other services. Ample parking is provided with 16 spaces, and the property also boasts a variety of outdoor areas. Currently rented to a diverse range of businesses, this versatile space offers significant potential. Its location within Sedona's Community Focus Area (Sunset CFA) allows for considerable flexibility in future use, including the possibility of adding live-work space or expanding the existing structure. While the Sunset-Shelby loop has historically been an industrial area, the current trend is shifting towards a more community-focused, live-work-play environment, making this property perfectly positioned for success. Please note that showings require advance scheduling, and tenant privacy must be respected. A yurt located on the property is tenant-owned and does not convey with the sale. This is a rare opportunity to acquire a piece of Sedona's history with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $740,917

  6.5%

  $683,924

  7%

  $635,072

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,221,312

  Geo Method

  $1,221,312

• Alternative Use

  Use

  Valuation

  Residential

  $576,915

  Hospitality

  $528,451

  Educational

  $439,665

  Medical

  $454,786

  Retail

  $683,924

Location Insight

City

Sedona

County

Yavapai

State

Arizona

Latitude

34.853

Longitude

-111.797

CBSA code

39150

CBSA name

PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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