NOT LISTED FOR SALE

620 E State Highway 260 Payson, AZ 85541

-- Bed
-- Bath
12,281 Sq Ft
1.42 Acres

Last Sold July 22, 2015

Last sale price $1,277,500 $104 Per Sq Ft

19 Days on Market

About This Home

As of July 2015

BUSINESS COMPLEX - RESTAURANT AND OFFICE BUILDINGS FOR SALE IN PAYSON ON 1.42 ACRES!! 8.03% CAP Rate. Approx. 87% occupied (one available suite for 1,300 SF. Approx. 46 parking spaces. Complex consists of 3,100 SF restaurant, Building A & B 1,500 sq. ft. each, C 1458 sq. ft, D 1,485, E 2,920 Sq. ft. Zoning: C-2. Payson is located in the ''heart'' of Arizona, only 90 minutes from the Phoenix Metropolitan Area and is known for its beauty and many recreational opportunities. The area enjoys a mild four season climate that attracts international as well as national visitors throughout the year.Please complete attached Confidentiality Agreement for Rent Roll and Financial Analysis.

Last Agent to Sell the Property

Sally Canntrill

AZ Referral Network License #BR501699000 Listed on: 05/20/2015

AZ Referral Network

Last Buyer's Agent

Gary Cordell

DeLex Realty License #SA558208000

DeLex Realty

Property Details

Property Type

  • Other

Year Built

  • Built in 2001

Lot Details

  • 1.42 Acre Lot
  • Property is zoned C2

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 12,281 Sq Ft Home
  • Concrete Flooring

Parking

  • 46 Open Parking Spaces
  • 46 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • 4 Buildings

Listing and Financial Details

  • Tax Lot 012G
  • Assessor Parcel Number 304-02-012-G

Property Details

Property Type

Other

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Cross Street: HIghway 260/Manzanita
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Current Use: Mixed Use, Restaurant, Office
  • Number Of Buildings: 4
  • Year Built: 2001
  • Tax Year: 2014
  • Directions: East on Highway 260 approximately 3/4 mile. Turn left at Fargo's Steakhouse.
  • Lot Size Acres: 1.42
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: G
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 46.0
  • Total Parking Spaces: 46.0
  • General Property Description:Uncvrd Parking Spcs: 46.0
  • General Property Description:Total Parking Spcs: 46.0
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 61855.0
  • Additional Parcels: No
  • Parcel #: 304-02-012-G
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 35380.0
  • Tax Book Number: 304.00
  • Tax Lot: 012G
  • Tax Map Number: 2.00

Range of Values:

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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
07/22/2015 07/22/15 Sold $1,277,500 -3.6% $104 / Sq Ft
06/08/2015 06/08/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $1,325,000 -- $108 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5282569

Arizona Regional Multiple Listing Service (ARMLS)