607 Main St, Payson, AZ 85541-4717
- Turn key restaurants
- 3,780 SF
- 1.18 lot acres
Current Use by Public Records
- The Oxbow Saloon / Bar & Pub / Restaurant
Property Details for 607 Main St
- Year built
- 1951
- Construction
- STEEL FRAME
- Lot size
- 1.18 lot acres
- Property type
- Turn key restaurants
- APN
- 304-06-210A
- APU
- 30406210A
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 10, 2007 | — | Bmt Holdings 2 LLC | Mgf Funding INC | Quit Claim Deed · related | $790k · Mgf Funding INC |
| Sep 5, 2007 | — | Mgf Funding INC | Anderson,rec C | Trustees Deed · related | — |
| Dec 19, 2005 | $1,700,000 | Laura Cleland | Nethken,beverley R | Grant Deed | $1.4M · Beverley R Nethken |
| Mar 22, 2002 | $390,000 | Beverly W Nethken | Mead Trust | Grant Deed · related | $290k · Mead Trust |
| Mar 11, 1997 | $395,000 | Oxbow Steak House INC | William A Mead Trustee | Grant Deed · related | $415k · Seller |
| — | — | Bmt Holdings 2 LLC | — | Deed Of Trust · related | $531k · Kerry & Susan Mortensen |
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Payson
- County
- Gila
- State
- Arizona
- Longitude
- -111.337
- Latitude
- 34.2308
- CBSA code
- 37740
- CBSA name
- PAYSON, AZ MICROPOLITAN STATISTICAL AREA
