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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1715513
Sold Date 12/24/20
Construction Status Blt./Standing
HOA Y/N No
Year Built 1940
Annual Tax Amount $2,061
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Retail
Property Description
Incredible investment opportunity with LOCATION LOCATION LOCATION right next to Payson Market. This is the closest residential rental on north side of Main Street to the freeway. The entire underlying zoning for this property is commercial but the front unit has been grandfathered in for residential rental (we have letter from city guaranteeing this). Rents for $1200 per month. 1 bed 1.5 bath. 12 large storage units in back are 100% rented out (1 unit is 15' x 21' and the other 11 units are 12' x 21') for average of $100 per month, large piece of land in back that is approx 40' wide by 100' deep, 3 parcels included in sale, property has been renovated with all new exterior paint and new roof on main building. Much potential and many possibilities available with this property! Your buyers won't want to miss out.
Location
State UT
County Utah
Area Payson; Elk Rg; Salem; Wdhil
Interior
Fireplace false
Exterior
View Y/N No
Present Use Retail
Private Pool false
Building
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 30-026-0103
Horse Property No
Financing Cash
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Bought with R and R Realty LLC