202 W Main St
Payson, AZ 85541
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Great location on Main Street just west of AZ87
- Very popular restaurant that has won several Best of Payson awards
- There is a 1BR/1BA apartment on the second floor
- Totally remodeled on 2021 including an all new kitchen
- Recent restaurant sales comps in Payson average $385 PSF, are on much smaller land parcels and 2 of the 4 required major remodeling
- The pricing is a great value given all the improvements that have been done to the property and the large land parcel
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,130 SF
Building Class
C
Year Built/Renovated
1974/2021
Tenancy
Single
Building Height
2 Stories
Building FAR
0.13
Lot Size
1.06 AC
Zoning
C-2 & C-1
Parking
51 Spaces (8.32 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
PROPERTY TAXES
| Parcel Number | 304-16-230 | Improvements Assessment | $634,097 |
| Land Assessment | $111,591 | Total Assessment | $745,688 |
