$1,400,000
414 W Main Street
Payson, AZ 85541
MLS# 90188
2800 sqft


414 W Main Street, Payson, AZ 85541
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Property Description
''Rare opportunity alert'' Own a piece of Payson's history with this unique commercial property just off the Beeline Hwy. Step into the enchanting embrace of history and opportunity with this captivating property in the heart of historic downtown Payson. Built-in 1929, the charming little house exudes character with its vintage details and timeless appeal. Step inside, and you're transported in time, where every corner tells a story and every creaking floorboard reminds you of the passage of time. While a graceful addition in 1992 transformed it into a beacon of artistic inspiration and an art gallery, it's a fusion of the past and present. This versatile C2 property boasts a spacious building with an open field concept and an expansive backyard offering endless possibilities. Features a spacious 2000 sq ft garage and ingress and egress from both ends of the property. This unique gem beckons entrepreneurs and dreamers alike to unlock its full potential. Imagine a quaint art gallery showcasing local talent, a picturesque wedding venue evoking romance and charm, or a sophisticated wine gallery where connoisseurs gather to savor the finest vintages. For those passionate about hospitality, envision a cozy coffee shop where patrons sip artisanal brews amidst the whispers of bygone eras. Imagine welcoming guests to a charming bed and breakfast. Whatever your vision, this property stands ready to weave its legacy into the vibrant tapestry of downtown life. Don't just dream- seize the opportunity to embrace the future, and let your imagination soar. The stage is set, and the canvas awaits --what masterpiece will you create? (Yard: 3-sewer connections, 2-water faucet hook-ups, 2-220 plugs. Patio: 1-water faucet hook-up, 1-110 plug. Side Yard: 1-water faucet hook-up 1-sewer connection, 1-220 plug, 1-110 plug-2 gas meter connection (house & office) water softener-osmosis will convey Private well (not registered) Propane meters removed can be reinstalled—buyer to verify all lot dimensions and survey).

Details
Maps
Documents
Contract Information
Property Sub-Type: Real Estate Only
List Price: $1,400,000
Current Price: $1,400,000
List Price/SqFt: 500
List Date: 2024-04-27
List Type: Exclusive ARS
Foreclosure: No
Sale/Lease: N/A
Location, Tax & Legal
Street #: 414
Direction: W
Street Name: Main
Suffix: Street
State: AZ
Zip Code: 85541
Area: Payson Southwest
Sub Code: Unsubdivided
County: Gila
Zoning: C-2
Taxes: 2401
Tax Year: 2023
Assessor's Book #: 304
Assessor's Map #: 16
Assessor's Parcel #: 217
Assessor's Parcl Ltr: A
APN #: 304-16-217A
HOA: No
Legal Description: SECTION: 09 TOWNSHIP: 10N RANGE: 10E PCL OF LAND IN NW NE OF SEC 9 10NR10E; BEG AT COR #1 WH IS 200FT E OF 1/4 SEC COR TO SECS 4 &9; TH S 300; ML TO N LINE OF PAYSON- GREEN VLY RD; TH E 100FT ; TH N 300FT M/L TO SEC LINE BTWN SECS 4&9; TH W 100FT TO POB LESS THE W2FT OF THE N 101FTOUT OF 304-16-217A
General Property Description
Acres: 0.68
Lot Dimensions: 97.05x300.66x99.74x300.65
# Parking Spaces: 5
Apx SqFt: 2800
Year Built: 1992
Land Size: 0.68
Building Size: 2800
# of Tenants: Vacant
Remarks & Misc
Directions: West on Main Street, to sign on Right
Public Remarks: ''Rare opportunity alert'' Own a piece of Payson's history with this unique commercial property just off the Beeline Hwy. Step into the enchanting embrace of history and opportunity with this captivating property in the heart of historic downtown Payson. Built-in 1929, the charming little house exudes character with its vintage details and timeless appeal. Step inside, and you're transported in time, where every corner tells a story and every creaking floorboard reminds you of the passage of time. While a graceful addition in 1992 transformed it into a beacon of artistic inspiration and an art gallery, it's a fusion of the past and present. This versatile C2 property boasts a spacious building with an open field concept and an expansive backyard offering endless possibilities. Features a spacious 2000 sq ft garage and ingress and egress from both ends of the property. This unique gem beckons entrepreneurs and dreamers alike to unlock its full potential. Imagine a quaint art gallery showcasing local talent, a picturesque wedding venue evoking romance and charm, or a sophisticated wine gallery where connoisseurs gather to savor the finest vintages. For those passionate about hospitality, envision a cozy coffee shop where patrons sip artisanal brews amidst the whispers of bygone eras. Imagine welcoming guests to a charming bed and breakfast. Whatever your vision, this property stands ready to weave its legacy into the vibrant tapestry of downtown life. Don't just dream- seize the opportunity to embrace the future, and let your imagination soar. The stage is set, and the canvas awaits --what masterpiece will you create? (Yard: 3-sewer connections, 2-water faucet hook-ups, 2-220 plugs. Patio: 1-water faucet hook-up, 1-110 plug. Side Yard: 1-water faucet hook-up 1-sewer connection, 1-220 plug, 1-110 plug-2 gas meter connection (house & office) water softener-osmosis will convey Private well (not registered) Propane meters removed can be reinstalled—buyer to verify all lot dimensions and survey).
Status Change Info
Status: Active
Currently Not Used
Total Rooms: 4
Income/Sales Info
Net Operating Income: N/A
Cap Rate: CLO
Down Payment: Submit
Improvements: CLO
Loan Info
1st Assumable: No
Accelerate: No
Must Qualify: Yes
Interior Features
N/A - Other: 3- Internet Routers
Form of Ownership
N/A - Other: Living Trust
Sale Price Includes
N/A - Other: Security Cameras
Property Features
To Show: Showing Time
Location: Downtown
Type/Style: Single Level; Two Story
Garage/Carport: Garage Only; RV Parking
Lot/Street Improvem.: Sidewalks; Paved Parking; Street Parking; Blacktop Street
Construction: Wood Frame; Block
Siding: Stucco
Roof: Asphalt/Comp Shingle; Metal
Property Features: Chain Link; Partially Fenced
Exterior Features: Landscaping; Auto Bays; RV Hook Up; Workshop; Storage/Utility Shed; Satellite Dish
Interior Features: Smoke Detectors; Security System; Water Softener; Reverse Osmosis; Range/Oven; Dishwasher; Shop; Floor Drains/Sink; Laundry Room
Floor Type: Wood; Slab
Floor Covering: Carpeting; Wood; Vinyl; Concrete
Cooling: Central; Electric Refrig.; Heat Pump; Ceiling Fan; Window Unit
Heating: Forced Air; Baseboard; Heat Pump
Utilities Available: Electricity; Propane Piped; Town of Payson Water; Private Well; Sewer Available; Sewer Hooked In; Telephone; Cable TV/Satellite; Internet Hook Up; Trash
Possession: At Close of Escrow
Tenant Pays: None
Owner May Sell/Terms: Cash; Conventional; OWC/OMC; 1031 Exchange
Documents on File: SPDS
Exist. Finance Fees: N/A - Other
Form of Ownership: Sole Proprietor
Sale Price Includes: Building; Land; Fixtures
Avg Room Rent/Night: 0 - 40
Occupancy: Owner Occupied

Listing Office: DeLex Realty - PAYSON

Last Updated: May - 01 - 2024

414 W Main Street, Payson, AZ 85541 - MLS# 90188
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