$157,500
518 W MAIN Street
Payson, AZ 85541
MLS# 5770338
Status: Closed



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Front 518 W MAIN Street, Payson, AZ 85541 Rear Main Street - Payson, AZ Commercial first floor retail space Commercial first floor retail space 518 W MAIN Street, Payson, AZ 85541 2nd floor work room 2nd floor work room 2nd floor work room Rear stairs up Upstairs apartment - bath Residence north side Residence east side Front door and closet Residence Kitchen view 1 Residence Kitchen view 2 Residence living room Residence living Room Residence living room fireplace 518 W MAIN Street, Payson, AZ 85541

Property Description
Two buildings - 1) - Two Story Commercial 4598 sq ft, retail front upstairs/downstairs work/storage rooms plus upstairs 2bd, 1ba apartment - separate stairs - built 1974. 2) - Single family 2 bd, 1ba residence built 1955, Fireplace - entry off parking or Bootleg Alley. Both fix up but, worthy of the effort - 12,632 sq ft lot with parking on Main St.

Details
Maps
Contract Info
Current Price: $157,500
Sold Price: $157,500
Status: Closed
List Date: 2018-05-23
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: C71
House Number: 518
Compass: W
Street Name: MAIN
St Suffix: Street
City/Town Code: Payson
State/Province: AZ
Zip Code: 85541
Zip4: 5477
Country: USA
County Code: Gila
Legal Description (Abbrev): COMM SE COR BLK 14, PAYSON TOWNSITE, PLAT 64; TH S89D31'E, 133.98 '; TH N0D02'E, 79.80' TO POB; TH N
Subdivision: PAYSON TOWNSITE
Assessor's Map #: 6
Assessor's Parcel #: 235
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 304-06-235-A
Census Tract: 301
Legal: COMM SE COR BLK 14, PAYSON TOWNSITE, PLAT 64; TH S89D31'E, 133.98 '; TH N0D02'E, 79.80' TO POB; TH N
Tax Municipality: Payson
Taxes: 3278
Tax Year: 2017
General Property Description
Ttl Apx SqFt Bldg: 5818
# of Buildings: 2
Lot Size Dimensions: 80' X 153' X 131' X78' X 77' X 80'
Year Built: 1974
Uncvrd Parking Spcs: 8
Zoning: C3
Remarks & Misc
Cross Street: SR 87 & Main St
Directions: West on Main to 518 W Main - just before Bootleg Alley
Geo Lat: 34.231517
Geo Lon: -111.335867
Status Change Info
Status Change Date: 2019-09-14
Off Market Date: 2019-08-20
Under Contract Date: 2019-08-20
Close of Escrow Date: 2019-09-11
Sold Price: $157,500
Legal Info
Township: 10N
Range: 10E
Section: 09
Lot Number: 9
Income & Expenses
Owner Association: No
Operating Exp: 3278
Pmt & Rate Info
Down Payment: 169900
Equity: 169900
Contact Info
List Agent Home Phn: 480-313-2246
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial
Current Use: Retail
Stories: 2 Stories
Construction: Frame - Wood
Roofing: Comp Shingle
Floors: Concrete; Wood
Ceiling Height: 10.1 Feet to 12 Feet
Heating: Natural Gas; 2 or More Units
Cooling: None
Loading Facilities: None
Interior: Finished
Exterior: Pole Sign
Fencing: None
Parking: Other (See Remarks)
Electric: APS
Gas: SW Gas
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: Up to 1 Mile
Special: REO Property
Source of Fincl Data: Projected Proforma
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt; Dedicated Street; Sidewalk(s)
Reports/Disclosures: None
Environmental: None

Listing Office: Legendary Properties, LLC

Last Updated: July - 29 - 2022

518 W MAIN Street, Payson, AZ 85541 - MLS# 5770338
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Broker Attribution: 480-510-4555