100 N TONTO Street, Payson, AZ 85541

$1,988,000
Property Type: Commercial Square Footage: 11,800 Lot Size (sq. ft.): 77,101 Status: Closed
Current Price: $1,988,000 List Date: 12/26/2023 Last Modified: 10/20/2024

Overview

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 r ...

Listing Details MLS# 89578

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
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

Contract Information

Property Sub-Type
Industrial
List Price/SqFt
186.44
List Type
Exclusive Agency
Foreclosure
No
Sale/Lease
Sale/Lease

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

Pending Date
2024-03-27
Sold Date
2024-06-25
Sold Price/SqFt
168.47
Sold Type
Sold Co-Broke By MLS Member
Seller Concess to Buyer
No

Currently Not Used

Total Rooms
30

Loan Info

1st Assumable
No
Accelerate
No
Must Qualify
No
Cash to Assume
0
Ttl Pmt after Assmpt
0

More Information

Location

Corner
Yes
Industrial Park
Yes
Freestanding
Yes

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!

To Show

Do Not Call Manager
Yes

Income/Sales Info

Net Operating Income
CLO
Cap Rate
CLO
Down Payment
CLO
Gross Sales
0
Improvements
11,000 - 20,999

Construction

Block
Yes
Steel
Yes

Interior Features

Dual Pane Windows
Yes
Fire Alarm
Yes
Networked/Router
Yes
Refrigerator
Yes
Display Window
Yes
Floor Drains/Sink
Yes
Laundry Facilities
Yes

Floor Covering

Carpeting
Yes
Vinyl
Yes

Property Features

Chain Link
Yes
Partially Fenced
Yes

Lot/Street Improvem.

Curbs
Yes
Gutters
Yes
Sidewalks
Yes
Paved Parking
Yes
Blacktop Street
Yes

Type/Style

Single Level
Yes

Garage/Carport

Attached
Yes
Covered RV Parking
Yes

Siding

Brick
Yes

Exterior Features

Landscaping
Yes
Drip System
Yes
View of Mountains
Yes
View of Town
Yes

Roof

Metal
Yes

Utilities Available

Electricity
Yes
Propane Piped
Yes
Town of Payson Water
Yes
Sewer Hooked In
Yes
Telephone
Yes
Cable TV/Satellite
Yes
Internet Hook Up
Yes
Trash
Yes
Underground Util
Yes

Heating

Forced Air
Yes
Electric
Yes

Possession

At Close of Escrow
Yes
Negotiable/By Agreem
Yes

Owner May Sell/Terms

Cash
Yes
Submit
Yes

Floor Type

Slab
Yes

Cooling

Central
Yes
Electric Refrig.
Yes

Tenant Pays

Electric
Yes
Water
Yes
Sewer
Yes
Trash Collection
Yes
Cable TV/Satellite
Yes
Telephone
Yes
Inside Repair
Yes
Outside Maintenance
Yes
Snow Removal
Yes
Janitorial
Yes
CAMs
Yes
R.E. Tax
Yes
R.E. Insurance
Yes

Exist. Finance Fees

Free & Clear
Yes

Management

Owner/Family
Yes

Form of Ownership

Partnership
Yes

Sale Price Includes

Building
Yes
Land
Yes

General Land Info

Land Fee
Yes

Occupancy

Partially Leased
Yes

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
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.