$329,000
Payson, AZ 85541
MLS# 89206
1566 sqft
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Details
Maps
Documents
Contract Information
Property Sub-Type: Real Estate Only
List Price: $329,000
Current Price: $329,000
List Price/SqFt: 210.08
List Date: 2023-09-15
List Type: Exclusive ARS
Foreclosure: No
Sale/Lease: Sale
Location, Tax & Legal
Street #: 438
Direction: S
Street Name: Beeline
Suffix: Highway
State: AZ
Zip Code: 85541
Area: Payson Southwest
Sub Code: Tonto Plaza
County: Gila
Zoning: C-2
Taxes: 2593.28
Tax Year: 2022
Assessor's Book #: 304
Lot #: 16
Assessor's Map #: 03
Assessor's Parcel #: 176
Assessor's Parcl Ltr: E
APN #: 304-03-176E
HOA: No
Legal Description: Lot 16, Tonto Plaza
General Property Description
Acres: 0.05
Lot Dimensions: 30 x 70
# Parking Spaces: 8
Apx SqFt: 1566
Year Built: 1998
Land Size: 0.05
Building Size: 1566
# of Tenants: 1 - 4
Remarks & Misc
Directions: Highway 87, behind ERA Young Realty & Investment building
Status Change Info
Status: Active
Currently Not Used
Public Remarks: Amazing Investment opportunity. Start collecting rent the day you buy it ,as it currently has a tenant until the end of 2024. Great location on Route 87 that extends thru Payson. Building boasts an open concept , with 1566 sq ft of upgrades including Paint, Siding, Handicap bathroom, Stunning Open Rafter Ceilings, and a Marble Floor Inlay at its entrance. Building has a new A/C unit (2022) and Metal Roof (2020), Handicap parking with ramp and 8 additional spaces. Backyard is fenced with an outdoor patio. It's been a restaurant in the past and has the last town allowed in-ground grease trap, with floor drains,
and plumbing in the Interior walls for an additional bathroom.
CLICK MORE...
Total Rooms: 2
Income/Sales Info
Net Operating Income: N/A
Cap Rate: CLO
Down Payment: CLO
Improvements: CLO
Loan Info
1st Assumable: No
Accelerate: No
Must Qualify: No
Location
N/A - Other: Retail Strip Center
Property Features
Location: Shopping Mall/Ctr
Type/Style: Single Level
Lot/Street Improvem.: Gutters; Paved Parking; Blacktop Street
Construction: Wood Frame; Block
Siding: Brick; Wood
Roof: Metal
Property Features: Chain Link; Partially Fenced
Exterior Features: Handicap Access
Interior Features: Handicap Equipped; Vaulted Ceiling; Dual Pane Windows; Smoke Detectors; Security System; Floor Drains/Sink
Floor Type: Slab
Floor Covering: Carpeting; Tile
Cooling: Central; Electric Refrig.; Heat Pump; Ceiling Fan
Heating: Forced Air; Heat Pump; Propane
Utilities Available: Electricity; Propane Piped; Town of Payson Water; Sewer Hooked In; Telephone; Cable TV/Satellite; Internet Hook Up; Trash; Individual Meter
Possession: At Close of Escrow
Tenant Pays: Electric; Propane; Water; Trash Collection; Telephone; Inside Repair; Snow Removal; Janitorial; R.E. Insurance
Owner May Sell/Terms: Cash; Conventional; Submit
Documents on File: SPDS; Plat Map; Security Deposits
Exist. Finance Fees: Free & Clear
Management: Owner/Family
Form of Ownership: Corporation
Sale Price Includes: Building; Land; Fixtures; Contracts
Avg Room Rent/Night: 0 - 40
Occupancy: Totally Leased
Supplements
Perfect for a new restaurant in the future, as it includes 3.5 ERU's prepaid to the Sanitary District which saves you an additional $14,000. Building owner owns the Stripmall entrance Marquis with 5 spots for additional income. This is a one of a kind opportunity.
Listing Office: ERA YOUNG REALTY-PAYSON
Last Updated: August - 29 - 2024
All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of Central Arizona BOR and may not be the listings of the site owner.