See Home Value
Cottonwood 86326
516 N Main St
$737,316*
Commercial - Off Market

516 N Main St

Cottonwood, AZ 86326
bedrooms
Studio
bathrooms
0 Bath
$626,000 - $764,000
Reference Base Price*
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

The Verde Lea Market has been a popular deli, grill and convenience store since 1946. It is located along the tourist route into Old Town Cottonwood. They have a #10 takeout liquor license. The owners have owned the business for 16 years. They gross nearly $1 million per year and net about $100,000 plus benefits. The business is largely takeout with a fair amount of indoor dining. There is no formal wait staff.  The owner wants cash/new financing or will carry with half down and the balance over 15 years @6.5% interest.
Unit Size
-
Days on Market
-
Land Size
0.47 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$264
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Jan 4, 2023 Sold to Jose Elmer Pineda $555,000
Sold to Jose Elmer Pineda
Dec 28, 2022 No longer available -
No longer available
Nov 13, 2022 Price Increased $695,000
↑ $400K (135.6%)
Price Increased
Mar 7, 2021 Price Decreased $295,000
↓ $400K (57.6%)
Price Decreased
Feb 21, 2021 Relisted $695,000
Relisted
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Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$795,900 Mar 20, 2023
-
$49/mo
Commercial
Loft
-
-
$599,000 Jun 3, 2021
-
$301/mo
Multifamily
Stu
-
-
$729,000 Feb 17, 2023
-
$78/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180622
06/22/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

516 North Main Street 516 North Main Street, Cottonwood, AZ 86326
  • 1 Unit for Sale
More about this Building
516 North Main Street
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About Cottonwood


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