100 N TONTO Street, Payson, AZ 85541 (MLS# 89578)
$1,988,000
Payson, AZ 85541
MLS# 89578
Status: Closed
11800 sqft
1 / 73
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
Contract Information
List Price/SqFt: 186.44
Foreclosure: No
Sale/Lease: Sale/Lease
Property Sub-Type: Industrial
Sold Price: $1,988,000
Current Price: $1,988,000
List Date: 2023-12-26
List Type: Exclusive Agency
Location, Tax & Legal
Lot #: 13
Zoning: M-1
Taxes: 19968.7
Tax Year: 2022
Assessor's Book #: 304
Assessor's Map #: 56
Assessor's Parcel #: 013
APN #: 304-56-013
HOA: No
Legal Description: SUBD:WEST PAYSON METES & BOUNDS SEC/TWN/RNG/MER:SEC 04 TWN 10N RNG 10E SECTION: 04 TOWNSHIP: 10N RANGE: 10E LOT 13 OF PAYSON INDUSTRIAL PARK OF PLAT 627NE1/4 SEC 4 T10N R10E = 0.83 AC (OUT OF MAP REF:PM 304-56
Street #: 100
Direction: N
Street Name: TONTO
Suffix: Street
State: AZ
Zip Code: 85541
Area: Payson Northwest
Sub Code: Payson Industrial Park
County: Gila
Location
Corner: 1
Industrial Park: 1
Freestanding: 1
General Property Description
Acres: 1.77
Lot Dimensions: Irregular
# Parking Spaces: 50
Land Size: 1.77
Building Size: 11800
# of Tenants: 1 - 4
Vacancy %: 70
Apx SqFt: 11800
Year Built: 2005
Remarks & Misc
Directions: State Route 87 / Beeline Highway, at the Hwy 260 & Hwy 87 Intersection, West on Longhorn Road, West to property on the Northwest corner of Tonto St. and Longhorn Rd.
Public Remarks: 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!
Status Change Info
Seller Concess to Buyer: 0
Sold Price/SqFt: 168.47
Sold Type: Sold Co-Broke By MLS Member
Status: Closed
Pending Date: 2024-03-27
Sold Date: 2024-06-25
Sold Price: $1,988,000
Currently Not Used
Total Rooms: 30
To Show
Do Not Call Manager: 1
Income/Sales Info
Net Operating Income: CLO
Cap Rate: CLO
Down Payment: CLO
Gross Sales: 0
Improvements: 11,000 - 20,999
Loan Info
1st Assumable: No
Accelerate: No
Must Qualify: No
Cash to Assume: 0
Ttl Pmt after Assmpt: 0
Construction
Block: 1
Steel: 1
Interior Features
Dual Pane Windows: 1
Fire Alarm: 1
Networked/Router: 1
Refrigerator: 1
Display Window: 1
Floor Drains/Sink: 1
Laundry Facilities: 1
Floor Covering
Carpeting: 1
Vinyl: 1
Property Features
Chain Link: 1
Partially Fenced: 1
Lot/Street Improvem.
Curbs: 1
Gutters: 1
Sidewalks: 1
Paved Parking: 1
Blacktop Street: 1
Type/Style
Single Level: 1
Garage/Carport
Attached: 1
Covered RV Parking: 1
Siding
Brick: 1
Exterior Features
Landscaping: 1
Drip System: 1
View of Mountains: 1
View of Town: 1
Roof
Metal: 1
Utilities Available
Electricity: 1
Propane Piped: 1
Town of Payson Water: 1
Sewer Hooked In: 1
Telephone: 1
Cable TV/Satellite: 1
Internet Hook Up: 1
Trash: 1
Underground Util: 1
Heating
Forced Air: 1
Electric: 1
Possession
At Close of Escrow: 1
Negotiable/By Agreem: 1
Owner May Sell/Terms
Cash: 1
Submit: 1
Floor Type
Slab: 1
Cooling
Central: 1
Electric Refrig.: 1
Tenant Pays
Electric: 1
Water: 1
Sewer: 1
Trash Collection: 1
Cable TV/Satellite: 1
Telephone: 1
Inside Repair: 1
Outside Maintenance: 1
Snow Removal: 1
Janitorial: 1
CAMs: 1
R.E. Tax: 1
R.E. Insurance: 1
Exist. Finance Fees
Free & Clear: 1
Management
Owner/Family: 1
Form of Ownership
Partnership: 1
Sale Price Includes
Building: 1
Land: 1
General Land Info
Land Fee: 1
Occupancy
Partially Leased: 1
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
IDX
Listing Office: Delex Realty, LLC
Last Updated: October - 20 - 2024
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