677 E Mingus Ave Cottonwood, AZ 86326

Built in 2005, 677 E. Mingus Avenue is a beautiful two story office building uniquely positioned near several key traffic drivers; US Post Office, Police and Fire Departments, Medical Center Complex and busy highway 89A. The property is approximately .48 acres and the adjacent .48 acre is available to purchase separately.
The first floor is occupied by the Jerona Java Café which is a well known coffee café open for breakfast and lunch Monday through Saturday. It is owned and operated by the current property owner and is available to purchase separately.
The second floor is currently occupied as a residence, occupied by the current property owner but would be much better suited as an executive style office suite. The second floor features four executive offices with a common area, small kitchen area and two full baths and a great room with fireplace that could easily be converted to an executive conference room. Both ends of the second floor have patios both of which could be enclosed if desired.
At the back of the property is a free standing garage with two bays and an office area that could be leased.
Due to the properties' unique attributes the following are possible purchase / use scenarios:
1.) An investor could purchase the property and realize $68,000 in gross income from the first floor tenant, second floor tenant and garage tenant.
2.) An owner / user who's offices are on the second floor could realize $38,000 in gross income from tenants in the first floor and garage.
3.) An owner / user could purchase the property and utilize it similar to it's current use residing on the second floor, housing their business on the first floor and garage area.