A 56 unit apartment complex was planned for this property but fell out due to financing. This is a level corner parcel zoned C-1 with 596' frontage on E. Cherry Street and 190' frontage on S. 12th Street. It was originally part of the old Valley Drive-In Theatre...the concrete foundation for the screen still sits on the property! There is easy access to Highway 89A and South Main Street. There are apartments to the north and various commercial and office uses across Cherry Street to the south. Verde Valley Fairgrounds is located across 12th Street to the west. The Department of Economic Security is on Cherry Street to the east. The Department of Motor Vehicles is on 12th Street to the south. The property could also be divided into a group of individual commercial lots.