438 S Beeline Highway, Payson, AZ 85541
$329,000
Property Type:
Comm/Industry Sale
Square Footage:
1,566
Lot Size (sq. ft.):
2,178
Status:
Active
Current Price:
$329,000
List Date:
9/18/2023
Last Modified:
3/13/2024
Description
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...
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.
More Information MLS# 6606646
Contract Info
Current Price: $329,000
List Price: $329,000
Status: Active
List Date: 2023-09-15
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 438
Compass: S
Street Name: Beeline
St Suffix: Highway
City/Town Code: Payson
State/Province: AZ
Zip Code: 85541
Country: USA
County Code: Gila
Subdivision: Tonto Plaza
Assessor's Map #: 3
Assessor's Parcel #: 176
Assessor Parcel Ltr: E
Add'l Parcels: No
Assessor Number: 304-03-176-E
Legal: Lot 16, Tonto Plaza
Tax Municipality: Payson
Taxes: 2593.28
Tax Year: 2022
General Property Description
Ttl Apx SqFt Bldg: 1566
# of Buildings: 1
Year Built: 1998
Uncvrd Parking Spcs: 8
Zoning: C-2
Flood Zone: No
Remarks & Misc
Directions: Highway 87, behind ERA Young Realty & Investment building
Geo Lat: 34.234969
Geo Lon: -111.324035
Status Change Info
Status Change Date: 2023-09-18
Legal Info
Lot Number: 16
Income & Expenses
Owner Association: No
Pmt & Rate Info
Equity: 367000
Property Features
Building Type: Commercial
Current Use: Mixed Use
Stories: 1 Story
Construction: Block; Frame - Wood
Roofing: Metal
Floors: Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Propane
Cooling: Central A/C; Heat Pump
Loading Facilities: None
Interior: Finished; Security System
Exterior: Building Sign
Fencing: Chain Link; Partial
Amenities: Physcl Chlgd (SRmks)
Parking: Free; Public Parking
Electric: APS; Individual Meter
Gas: Propane Piped; Individual Meter
Water: City Franchise
Sewer: Sewer-In & Connected
Lockbox Type: None
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: ERA-Young Realty & Investment
Last Updated: March - 13 - 2024
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