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    102 Main St Payson, AZ 85541

    Sponsored
    For Sale
    $937,000

    High-visibility, corner location retail space.

    Property size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional retail property, located at 102 E Main Street in Payson, Arizona, presents a unique investment opportunity. The 2,262 square foot building, constructed in 2005, sits on a 0.55-acre lot and boasts a prime corner location at the intersection of State Route 87 (Beeline Hwy) and East Main Street, ensuring maximum market exposure. The building features a distinctive mountain-style log exterior and ample paved parking with 20 spaces. Currently operating at 100% occupancy, this single-tenant property offers a gross lease and is zoned C-2. The building's size falls within the range of 1,800 to 3,000 square feet, spread across two stories. The asking price is $937,000, translating to $570.29 per square foot. The property's APN is 304-16-307B. This fee-simple ownership opportunity is ideal for investors seeking a high-traffic, high-visibility location in a desirable Arizona market. The property's current use includes a bar, pharmacy/drug store, and storefront, showcasing its versatility.

    Property Features for 102 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,800 SF
    Lot Size
    23,958 SF

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • High‑visibility corner lot.
    • Mountain‑style log cabin building.
    • Ample parking available.
    • Excellent street visibility and high traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marijuana Certifications Medical Clinic The Shroom Room Coffee Shop Cookies Recreational Cannabis ... Cannabis Store Body & Sole Remedies Spa

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Payson
    County
    Gila
    State
    Arizona
    Longitude
    -111.32488762566
    Latitude
    34.230321092495

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    FAQs

    What type of property is this?
    Individual retail property - High-visibility, corner location retail space.
    Where is this individual retail property located?
    The property is located at 102 Main St Payson, AZ.
    What is the asking price?
    The asking price for this property is $937,000.
    What are key features of this property?
    This property features: High-visibility corner lot.; Mountain-style log cabin building.; Ample parking available.
    Request Owner's contact information
    102 Main St Payson, AZ 85541
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 Main St Payson, AZ 85541
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