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Property profile & analytics
OFF-MARKET
Turn key restaurants

607 Main St Payson, AZ 85541-4717

3,780 SF 1.18 ac lot Built 1951
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US07-1482671
Property summary
AI-generated overview

This exceptional 1.18-acre property at 607 W Main Street, Unit 607, Payson, AZ, presents a unique investment opportunity. Originally constructed in 1932 as a bar and hotel, this historic building offers immense potential for a variety of uses. The property is listed at $1,290,000 and boasts a rich history, ready for a discerning buyer to revitalize. While some remodeling has already been completed, including a fully renovated kitchen and bathrooms, the property requires additional work to fully realize its potential. The existing infrastructure includes a spacious dining room ideal for private events or casual dining, along with both indoor and outdoor bar areas and a dance floor. Upstairs space provides additional area suitable for private parties or as residential quarters for an owner or on-site manager. The building's substantial size and prime location in Payson, AZ, make it an attractive prospect for entrepreneurs seeking a unique business venture. This is a rare chance to acquire a piece of Payson's history and transform it into a thriving establishment. The property's significant acreage and existing features offer a solid foundation for a successful business. Serious inquiries are encouraged to explore this exciting opportunity.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1951
Construction STEEL FRAME
Total area 3,780 SF
Lot 1.18 ac (51,401 SF)
APN 304-06-210A
UPID US07-1482671
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Oxbow Saloon Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bmt Holdings 2 LLC · 18 yrs held
Bmt Holdings 2 LLC
since 2007
6 recorded transactions
2007
Price N/A
2007
Price N/A
2005
$1.7M
2002
$390,000
1997
$395,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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