$2,200,000
Payson, AZ 85541
MLS# 89578
Status: Closed
11800 sqft

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Property Description
Welcome to the epitome of prime commercial-industrial-office space in the thriving hub of Payson! Strategically positioned at the heart of the city, this exceptional property offers an unparalleled opportunity for businesses and savvy investors. Key Features: Strategic Location: Centrally located in the vibrant heart of Payson, providing easy access and visibility for businesses. Versatile Zoning: Zoned M-1, offering a spectrum of possibilities for commercial, industrial, warehouse or office usage. Impressive Infrastructure: Boasting 800 Amp, 3 Phase Power, ensuring optimal energy supply for diverse business operations. Sprawling across 1.77 Acres, providing ample space for expansion and future development. 50+ Parking Spaces, ensuring convenience for both employees and customers. Modern Amenities: ADA Compliant, catering to the needs of all clients and visitors. State-of-the-art Cat6 Ethernet Cable infrastructure, ensuring seamless connectivity for businesses relying on advanced technology. Operational Efficiency: CAM Split 70/30, offering a fair and beneficial arrangement for both property owner and tenants. 12' Roll-up Garage Doors (X2), facilitating smooth logistics and operations for businesses with varying needs. Secure Environment: Fenced Lot, providing security and privacy for the property. Lucrative Investment Opportunity: A grand 11,800 Sq Ft Commercial Building, primed for a variety of business purposes. Currently, Suite A is leased to a tenant at $5,610 per month (NNN) for approximately 3,500 sq ft of the building. Existing lease agreement in place until 11/30/2025, offering a stable income stream for investors. Seize the opportunity to own a piece of Payson's bustling commercial landscape. Whether you're an entrepreneur looking for the ideal space for your business or an investor seeking a lucrative venture, this commercial property is the gateway to success. Act now and be part of Payson's thriving business community!
Details
Maps
Contract Information
Property Sub-Type: Industrial
Sold Price: $1,988,000
Current Price: $1,988,000
List Price/SqFt: 186.44
List Date: 2023-12-26
List Type: Exclusive Agency
Foreclosure: No
Sale/Lease: Sale/Lease
Location Tax Legal
Street #: 100
Direction: N
Street Name: TONTO
Suffix: Street
State: AZ
Zip Code: 85541
Area: Payson Northwest
Sub Code: Payson Industrial Park
County: Gila
General Property Description
Acres: 1.77
Lot Dimensions: Irregular
# Parking Spaces: 50
Apx SqFt: 11800
Year Built: 2005
Land Size: 1.77
Building Size: 11800
# of Tenants: 1 - 4
Vacancy %: 70
Status Change Info
Status: Closed
Pending Date: 2024-03-27
Sold Date: 2024-06-25
Sold Price: $1,988,000
Sold Price/SqFt: 168.47
Sold Type: Sold Co-Broke By MLS Member
Currently Not Used
Total Rooms: 30
Loan Info
1st Assumable: No
Accelerate: No
Must Qualify: No
Property Features
To Show: Do Not Call Manager
Location: Corner; Industrial Park; Freestanding
Construction: Block; Steel
Siding: Brick
Roof: Metal
Property Features: Chain Link; Partially Fenced
Exterior Features: Landscaping; Drip System; View of Mountains; View of Town
Interior Features: Dual Pane Windows; Fire Alarm; Networked/Router; Refrigerator; Display Window; Floor Drains/Sink; Laundry Facilities
Floor Type: Slab
Floor Covering: Carpeting; Vinyl
Cooling: Central; Electric Refrig.
Heating: Forced Air; Electric
Utilities Available: Electricity; Propane Piped; Town of Payson Water; Sewer Hooked In; Telephone; Cable TV/Satellite; Internet Hook Up; Trash; Underground Util
Possession: At Close of Escrow; Negotiable/By Agreem
Tenant Pays: Electric; Water; Sewer; Trash Collection; Cable TV/Satellite; Telephone; Inside Repair; Outside Maintenance; Snow Removal; Janitorial; CAMs; R.E. Tax; R.E. Insurance
Management: Owner/Family
Form of Ownership: Partnership
Sale Price Includes: Building; Land
General Land Info: Land Fee
Occupancy: Partially Leased
Listing Office: Delex Realty, LLC
Last Updated: October - 20 - 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.
