$329,000
Payson, AZ 85541
MLS# 89206
1566 sqft
1 / 15
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.
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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
To Show: Showing Time
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.
SPDS 
Listing Office: ERA YOUNG REALTY-PAYSON
Last Updated: March - 13 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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