The land is in Payson, Arizona – 1.5 acre parcel zoned C2 allows for Office, Retail, Multi-Family, Restaurant Pad, and High Density Housing. With frontage on Beeline Hwy directly behind Basha’s Shopping Center and across the street from Super Walmart, this location has high visibility. Discussions with the Town of Payson would allow up to 4-Story building. Two lots 304-02-014 B&C.
THE LOCATION OF THIS PROPERTY IS PRIME. JUST NORTH OF THE BASHES SHOPPING CENTER ON THE EAST SIDE OF HIGHWAY 87. CLOSE TO THE INTERSECTION OF 260 AND 87, ACROSS THE STREET FROM WALMART.
Asking $499,500. Owner will consider carrying for right buyer situation.
It is important to note that the family owns the property (free and clear).
With that said, over the years we have had interest from sporting goods stores to fast food chains as well as storage units and condos. There are many options for a qualified buyer who wants to proceed.
Before the recession she did have an offer of $750,000.00, but her husband declined. Sue is willing to carry paper back with a substantial down of $250,000.00, to cover the 10% finder fee and ½ of closing costs and maybe the splitting of the appraisal. The selling price would need to stay at $499,500.00 as she is carrying paper. Balance would be due and payable in full, in 36 mos. at 6% interest. This would be ample time for a qualified buyer. We can contact the Town of Payson and they will direct you to the right departments. There are plans in the works to build a college up there soon so this is one of the last frontage properties available. This is a great opportunity for the right investor.