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Mandarin House 1200 S Beeline Hwy 2,020 SF 100% Leased Retail Building Payson, AZ 85541 $550,000 ($272.28/SF)
Executive Summary
Prime Restaurant Opportunity in Payson! Located on the high-traffic South Beeline Hwy, this property offers excellent visibility and convenient access, making it an ideal location for businesses looking to capitalize on Payson's growing community and booming tourism. The spacious building features ample parking, and its location is just minutes from key local amenities. The kitchen is equipped with a 6-foot range and 12-foot hood, while the property boasts a 4x8 foot lighted highway sign and a larger rooftop sign for maximum exposure. A charming, fenced garden patio also provides the perfect setting for outdoor dining. Whether you're an entrepreneur or investor, this prime location offers endless potential for a thriving restaurant in Payson's vibrant market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,020 SF
Year Built
1974
Price
$550,000
Price Per SF
$272.28
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
0.56 AC
Zoning
C-2 - INTERMEDIATE COMMERCIAL
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 304-17-116D | Improvements Assessment | $51,304 |
| Land Assessment | $16,981 | Total Assessment | $68,285 |
Property Taxes
Parcel Number
304-17-116D
Land Assessment
$16,981
Improvements Assessment
$51,304
Total Assessment
$68,285
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Mandarin House | 1200 S Beeline Hwy