$495,000

408 S Beeline Hwy Unit A & B Payson, AZ 85541

Estimated payment $2,993/month

Total Views 1,596
-- Bed
-- Bath
2,264 Sq Ft
$219 Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

Fully leased commercial duplex. Exceptional building in the heart of Payson's Tonto Plaza. Large common area parking plus 5 dedicated spaces on north side of building. Entrances from front and back. Pole signage along Beeline Hwy for complex tenants plus building signage on north and south sides of building over entrances. Insurance agency has been in place for years and Versatile Ink owner took over the space from his retiring boss. Both businesses have been in these locations for years. Property is clean, well maintained and if self-managed has a cap rate of 5.11%. DRIVE-BY ONLY DO NOT DISTURB TENANTS / CUSTOMERS OR ENTER PROPERTY. INTERIOR INSPECTIONS WITH ACCEPTED OFFER.

Last Listed By

Howard Rudin

West USA Realty License #SA527947000 Listed on: 04/19/2025

West USA Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,388

Year Built

  • Built in 1996

Lot Details

  • 4,198 Sq Ft Lot
  • Property is zoned COMMERCIAL

Home Design

  • 2,264 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 03
  • Assessor Parcel Number 304-03-163-B

Community Details

Overview

  • Tonto Plaza Subdivision

Building Details

  • Operating Expense $4,388
  • Gross Income $35,385
  • Net Operating Income $25,300

Property Details

Property Type

Other

Est. Annual Taxes

$4,388

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Cross Street: BEELINE (87) AND HWY 260. SOUTH ON BEELINE JUST
  • Legal Info Range: 10E
  • Property Type: Comm/Industry Sale
  • Zoning: COMMERCIAL
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1996
  • Tax Year: 2024
  • Directions: SOUTH OF BONITA PAST THE CAR WASH AND TURN RIGHT INTO TONTO PLAZA. DRIVE-BY ONLY DO NOT DISTURB TENANTS OR ENTER PROPERTY.
  • Lot Size Acres: 0.1
  • Subdivision Name: TONTO PLAZA
  • Structure Type: Commercial
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 2264.0

Exterior Features

  • Fencing: None
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Stucco
  • Roof: Tile
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0

Utilities

  • Electric: Individual Meter, APS
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 4198.0
  • Parcel #: 304-03-163-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 35384.88
  • Property Net Operating Income: 25299.96
  • Annual Operating Expense: 4388.0
  • Leasable Area: 2264.0

Tax Info

  • Tax Annual Amount: 4388.0
  • Tax Book Number: 304.00
  • Tax Lot: 03
  • Tax Map Number: 3.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2025 04/19/25 For Sale $495,000 -- $219 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6854185

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Gila County Payson 85541

408 S Beeline Hwy Unit A & B, Payson, AZ

This home is located at 408 S Beeline Hwy Unit A & B, Payson, AZ 85541 and is currently priced at $495,000, approximately $218 per square foot. This property was built in 1996. 408 S Beeline Hwy Unit A & B is a home located in Gila County with nearby schools including Julia Randall Elementary School, Payson Elementary School, and Rim Country Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Howard Rudin
Listing Agent
Howard Rudin
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West USA Realty
(928) 370-7957