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Executive Summary
Duplex or single family redevelopment opportunity in the heart of Midtown Payson, steps off Main Street. 1,920 SF block building on a corner lot with a new metal roof, including the parking area to the north with approximately 10 paved spaces. The interior is completely demoed to grade and ready for a concrete pour configured to the buyer's intended use, a true blank canvas. Seller has architectural plans available to the buyer, including a live/work office and residence design, plus a six office layout with conference room, break room, and restroom that reconfigures into two separate suites. Walk to Main Street shops, dining, and the mountain town bar scene, minutes to Green Valley Park, the parades, and the Fourth of July fireworks. One hour from the Valley and roughly 15 to 20 degrees cooler, surrounded by Tonto National Forest. City water, public sewer, APS power. Also available for commercial use as a former dental office. Buyer to verify zoning and permitted use with the Town of Payson.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,920 SF
Building Class
C
Year Built
1982
Price
$295,000
Price Per SF
$153.65
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,920 SF
Building FAR
0.18
Lot Size
0.25 AC
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 304-16-028A | Improvements Assessment | $20,295 |
| Land Assessment | $11,513 | Total Assessment | $31,808 |
Property Taxes
Parcel Number
304-16-028A
Land Assessment
$11,513
Improvements Assessment
$20,295
Total Assessment
$31,808
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The Chapla Building | 704 S Meadow St
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