2003 E Az Highway 260 Lot A -- Unit #113A, Payson, AZ 85541

$799,000
List Price
$799,000
Days on Market
276
Status
ACTIVE
MLS#
6501927
City
Payson
Lot Size
95,715

Property Description

Commercial lot with massive potential with multiple uses with a C2 zoning. A fine dining restaurant with spectacular views of the Mogollon Rim distracting you from conversation, or a boutique hotel with endless views of the rim, while you lay in bed, enjoying the majestic beauty, maybe even a badly needed apartment complex Or as a developer you may want to build a combination of the these. You pick the business, and this property will overwhelm you with its location and the views that accompany it. Come and stand on the lot and see for yourself. And if you like it, you can add its sister lot of 2.20 acres right next to it to make it a 5-acre compound. Make this your investment property. SELLER WILL CARRY FOR 3 YEARS WITH 35% DOWN, 3.5% 1ST YR, 4.5% 2ND YEAR, 5.5% 3RD YEAR.

Additional Information

School District
Payson Unified District
Acres
2.20
Electric
APS
Elevation
4, 001 - 5, 000 Ft
Elevation Source
Global Position Sys
Existing Land Use
Commercial Acreage, Commercial Lot
Gas
Propane Piped
Land Configuration
Irregular Shape
Land Features
Mountain View(s), North/South Exp
Lot Size
95,715
New Financing
1031 Exchange, Cash, SBA
Parcel Size
1.00 - 2.49 Acres
Potential Use
Commercial, Hotel/Motel, Multi-Family, Office
Road Streets
Asphalt
Sewer
Sewer - Available, Sewer - Public
Taxes
$3,413
Tax Year
2021
Unit Number
113A
Vegetation
Chaparral Scrub, High Desert, Natural Vegetation
Water
City Franchise
Zoned Presently
Commercial
Zoning
C2

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of DeLex Realty.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.