This exceptional commercial property is a rare offering in the heart of Sedona. Built in 1978 and completely renovated in 2008 by Design Group & Joel DeTar for Mary Fisher Studio, the building was gutted and rebuilt from top to bottom, with further reconfiguration in 2015 and additional improvements in 2023. The 4,371 SF structure features 16+ foot ceilings, clerestory north-facing windows providing abundant natural light, curved architectural walls, beautiful flooring, multiple treatment rooms, a kitchen, and landscaped grounds. The design blends artistic character with solid block construction and high-end materials including iron and wood beams, metal siding, and a state-of-the-art solar system. M2 zoning allows for a wide range of uses, including wellness, retail, personal services, assisted living, food and beverage, brewery/winery/distillery, multifamily, educational, medical/dental, studio/gallery, executive office, community center, and event space. Strong income opportunity (projected 8.8% cap) with flexibility for both investors and owner-users. The current tenant operates month-to-month at $15,000 per month plus ½ NNN. The lease requires only 60 days’ notice to vacate, providing a clear path for owner occupancy. Additional features include owned solar generating net-positive income, full perimeter stucco block wall with iron locking gate, 12 on-site parking spaces plus 10 overflow parking spaces across the street, and a 280 SF climate-controlled storage structure (not included in square footage). Architectural plans are available. The property is steps from Whole Foods, Chase Bank, and numerous hotels and restaurants. With replacement value estimated north of $3.5 million and commercial land trading at $20+ PSF, the offering price represents a compelling value relative to both market and build cost.