Cottonwood, AZ 86326

$1,017,000
Property Type: Business Opportunity Square Footage: 4,072 Lot Size (sq. ft.): 43,996 Status: Closed
Current Price: $1,017,000 List Date: 5/03/2022 Last Modified: 6/20/2023

Overview

Description

Don't pass up this opportunity to take over a Northern Arizona automotive repair shop that has a 17-year track record of success as well as serious growth potential. Located on a busy highway in a fast-growing city, the business features a superb location, a 4,072 square foot, fully equipped shop space plus a mezzanine for storage. Eight 14' roll-up doors (front and back) allow the shop to boast eight service bays, with plenty of fenced yard for outdoor storage. As to growth potential, the current owners have reduced their open hours to four days a week and they take a few weeks off every year. Adding in that missing time can only help a new operator's bottom line. A new owner can also take advantage of a great reputation.

Listing Details MLS# 1047380

ContractAddressLegal

Original List Price
1017000
Listing Price
1017000
City/Township
Cottonwood
State
AZ
Zip Code
86326

General Property Description

Lot #
3
Aprx Acres
1.01
Buildings
Yes
Total Liveable SqFt
4072
Source of Measuremnt
County Assessor
Stories
Yes
Baths - 3/4
10
Year Built
2003
Year Est
2004
Gross Vol/Yr $
436281
Lease Type
NNN
Lease $
13.26
CC & R
No
CC & R Fees
2604

Tax Info

Taxes
2382
Tax Year
2021

Status Change Info

Under Contract Date
2022-04-04
Sold Date
2022-04-13
Sold Price/SqFt
250
Financing
Conventional

Contract/Address/Legal

List Price/SqFt
250
Business Op Type
Bus Op No Real Est
REO/Short Sale
Not Applicable
Business Type
Auto/Gas
Zoning
C-1
Business Name
Confidential Sale
Assessor's Book #
406
Assessor's Map #
5
Assessor's Parcel #
36
Assessor Parcel Ltr
P
Legal
LOT 3 WAGON WHEEL RANCH M&P 44/39 BOOK 44 PAGE 39

Remarks & Misc

Remarks
Don't pass up this opportunity to take over a Northern Arizona automotive repair shop that has a 17-year track record of success as well as serious growth potential. Located on a busy highway in a fast-growing city, the business features a superb location, a 4,072 square foot, fully equipped shop space plus a mezzanine for storage. Eight 14' roll-up doors (front and back) allow the shop to boast eight service bays, with plenty of fenced yard for outdoor storage. As to growth potential, the current owners have reduced their open hours to four days a week and they take a few weeks off every year. Adding in that missing time can only help a new operator's bottom line. A new owner can also take advantage of a great reputation.

More Information

Construction

Frame - Steel
Yes

Cooling

Central Air
Yes
Evaporative Cooling
Yes

External Amenities

Fenced
Yes
Handicap Access
Yes
Parking
Yes

Heating

Electric
Yes
Forced Air
Yes
Gas Stove
Yes
Wall Unit
Yes
Wood Stove
Yes

Possession

At Recordation
Yes

Roof

Metal
Yes

Bathrooms

Interior
Yes

Business Location

Commercial Strip
Yes
Fixed Location
Yes
Freestanding Bldg
Yes

Terms & Conditions

1031 Exchange
Yes
Any Financing
Yes
Conventional
Yes
SBA
Yes
Sold Furnished
Yes
Submit
Yes

Utilities Installed

220
Yes
Electricity
Yes
Individual Meter
Yes
Telephone
Yes
Water - City
Yes
WWT - City Sewer
Yes

Current Use

Service
Yes
Auto
Yes

Internal Amenities

Fire/Smoke Alarm
Yes
Security/Alarm
Yes
Sprinklers
Yes

General Lease

Option/Buy
Yes

Info on File

Balance Sheet
Yes
Customer List
Yes
Equipment List
Yes
Inventory List
Yes
P & L
Yes
Tax Returns
Yes

Sale Includes

Contract(s)
Yes
Equipment
Yes
Fixtures
Yes
Leasehold Rights
Yes
Non-Compete
Yes
Personal Property
Yes
Tradename
Yes
Training
Yes

Tenant Pays

All
Yes

Property Features

Bathrooms: Interior Construction: Frame - Steel Current Use: Service; Auto External Amenities: Fenced; Handicap Access; Parking Internal Amenities: Fire/Smoke Alarm; Security/Alarm; Sprinklers Heating: Electric; Forced Air; Gas Stove; Wall Unit; Wood Stove Cooling: Central Air; Evaporative Cooling General Lease: Option/Buy Roof: Metal Info on File: Balance Sheet; Customer List; Equipment List; Inventory List; P & L; Tax Returns Utilities Installed: 220; Electricity; Individual Meter; Telephone; Water - City; WWT - City Sewer Sale Includes: Contract(s); Equipment; Fixtures; Leasehold Rights; Non-Compete; Personal Property; Tradename; Training Tenant Pays: All Business Location: Commercial Strip; Fixed Location; Freestanding Bldg Possession: At Recordation
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: June - 20 - 2023
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.