1.87 Acres - Prime (C-1) Commercial property Central Cottonwood, AZ located across from the Verde Valley Medical Center. City Sewer, Unisource Natural Gas, APS Electric, high speed internet, private well water, telephone. City water line is available. Improvements consist of a Historic Brick Home originally owned by United Verde Extension Mining Company. UVX Superintendent Barney Hogarty were the first residents in 1918. Built by Thomas A Stiles, supervisor. A Bungalow style, the finest and most opulent home in the Verde/Clemenceau area when it was completed in 1918 and for many years after. There is a basement presently used as a storage and wine cellar, and an attic with 10 ft. high ceilings and high dormers. Listed on the National Register of Historic places on Sept. 19, 1986. After the smelter closed in 1937 the property was vacant. The Garrett family acquired the property in 1947 and their family occupied it till 1995. Mr. Garrett was the first Mayor of the Town of Cottonwood. The present owner acquired the property in 2002 and remodeled it into the use for a Law Office. It was approved for re-zoning from residential to commercial (C1). An additional home built in the rear were originally called "the carriage house." Presently upstairs with a small deck, 2 bedroom 1 bath apartment and downstairs with w/d hook ups, ½ bath and finished office rooms and storage area. An additional storage building is on the property with beautiful mature landscaping, trees, shrubs, flowers and plants. . .The property enters off of a City paved maintained street. A preliminary minor land division was done by Cornerstone surveying dividing the property into 3 parcels for the purpose of planning and flexibility if the owner desired to split the property. This plat was never recorded so the property is still in one parcel. . The present owners did not renew the Historic National Registry certification. While it could probably be renewed if desired, it now allows for more flexibility with future development. There is not presently any historical requirement for preservation moving forward. There are certain programs offered if accepted for the National Registry again such as Grants, tax advantages etc. if it were in the Historical National Registry coupled with certain requirements to keep the Historic preservation of the property.
Opportunity with Diversity describes the location and parcel: The land lends itself for additional planned development with various options. There is plenty of room for parking and buildings per the Town of Cottonwood C-1 zoning code and approvals. Complimentary to the surrounding properties and facilities would be medical offices, assisted living facilities, temporary housing facilities for the hospital staff (with conditional use approval) from the town. Professional offices, law, insurance, real estate, physical theophany, massage, a health spa. Also a centrally located restaurant, coffee shop, with supporting businesses like a bakery, quick take out lunches and breakfast, Wi-Fi courtyard, etc. Central facility for presentations and meetings to be rented out. An art gallery, with different artists showing their works would work well. There are many possibilities available to a variety of buyers. Presently leased by the Law office and a tenant in the rear with a gross yearly income of $102,000. Upon closing of a successful transaction the law office will no longer be a Leasing tenant. . There have been past good offers on this property but at the time was not a good fit for the owner. The buildings are being re-measured by the YC Assessors office through their appraisal department for updated clarification of square footage on YC Assessors Records and web site. Approximate Square Footage of buildings are as follows: Main front Brick structure: 3106 SF 3 rooms with closets and 2 bathrooms formal living room, dining room, kitchen, sun enclosed porch. Basement 804 SF
Back building: Upstairs 2 bedroom 1 bath apartment 804 SF downstairs office rooms, ½ bath, W/D hook up and office storage 804 SF. Total SQ FT 4714 SF living area of both buildings. Storage building 220 SF. Shown by appointment. Should this fits your criteria & qualifications, let's take a look!