677 East Mingus Avenue

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677 East Mingus Avenue

Cottonwood, AZ 86326
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B

What's Special

Priced to sell; Second-gen restaurant; Mixed-use - 2 residential apartments; Storage/warehouse <p>2 parcels: Opportunity to develop parcel 406-42-255D - <a href="https://cottonwoodaz.gov/DocumentCenter/View/619/Section-418_C-1-Light-Commercial-PDF" target="_blank" style="color: rgba(17, 85, 204, 1)">Zoned C-1</a></p><p>Ideal for owner-user/investor</p><p>Second generation kitchen space; FFE included</p><p>Two residential apartment units on second floor</p><p>Additional storage/warehouse building</p><p>On-site parking +overfill</p><p>Busy thoroughfare, ~20,000 VPD</p>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times