404 W Main St, Payson, AZ 85541
For Sale
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This exceptional 5670-square-foot medical office building, situated on a half-acre lot in Payson's historic Main Street district, presents a unique investment opportunity. Recently remodeled, the building boasts a fresh interior and exterior, including new paint and a metal roof installed in 2008. The interior features beautiful grey laminate hardwood flooring and numerous upgrades throughout. The two-level structure offers ample space, currently configured as medical offices upstairs. The property's C-3 zoning allows for a variety of potential uses, making it highly versatile. Convenient parking is readily available with 38 spaces on-site. A prominent monument sign at the front of the building enhances visibility and adds to its appeal. Constructed in 1982, this well-maintained property offers an outstanding location and significant potential for future growth. The expansive lot size and existing infrastructure provide a solid foundation for a thriving business. This is a rare opportunity to acquire a substantial commercial property in a desirable location. The building's current configuration as medical offices, combined with its versatile zoning, makes it an attractive option for both established businesses and new ventures.
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Painted Sky Engineering & Survey, LLC Civil Engineer
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Heartcare Specialists Center Medical Clinic
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Turner Gail B MD Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.