Parcel includes 869 & 871 Turf Farm . Great performing property with drive-up window. Surrounded with retail. 2 current triple net Tenants. Seller spent 45k to upgrade electrical to 3 phase 400 amp in 2022 for current restaurant and 26k in 2024 for all new landscaping. Property is currently netting 140K per year with 3% escalation built into the leases. Cap rate is 6.59%. Building is in great condition. Square footage figures are provided as a courtesy estimate only and were obtained from appraisal. Buyer is advised to obtain an independent measurement.
Amazing, updated end unit office condo! 4 office suites on the main level, as well as reception area. One office suite in basement with large open area. Exterior basement entrance for possible second space if you choose to occupy only one level. Updated LVP and carpet flooring, 8 foot doors, 9 foot ceilings on main, restroom on each level, kitchenette/breakroom in basement. High traffic and visibility, close to shopping, restaurants and freeway! Easy to show. Furniture available!
Absolutely amazing opportunity for commercial space on a big lot in a high traffic location right around the corner from historic downtown Payson! So much capability for this highly desired location. A paved parking lot provides plenty of parking stalls for employees or customers. Huge open front showroom or office space, with some adjoining space in the back of the building.
This renovated gem in downtown Payson could make a prime office or retail space. Though currently being used as a residential home, it is zoned for commercial use - CC-1/Central Commercial Zone. New roof, furnace and a/c installed in 2023. Hardwood floors, renovated baths and kitchen. Enjoy this updated spaced with all the historic charm of a Payson turn-of-century home. (See residential listing MLS # 2030409.).
Discover a prime investment opportunity in the heart of Payson! This property is perfectly positioned to take advantage of the area's economic growth, featuring a thriving local market and increasing demand for commercial space. Located near recently rebuilt Payson High School, it offers excellent visibility and accessibility to major highways and local attractions. Recently fully remodeled, the interior showcases modern finishes, while the updated HVAC and electrical systems ensure reliability and efficiency. Don't miss your chance to invest in this promising property!
Owner will retain all subsurface rights. Offers will be reviewed after the property owner's mandatory 30-day listing period expires.
Payson is located in Utah. Payson, Utah has a population of 21,093. Payson is less family-centric than the surrounding county with 42.9% of the households containing married families with children. The county average for households married with children is 50.01%.
The median household income in Payson, Utah is $75,682. The median household income for the surrounding county is $82,893 compared to the national median of $69,021. The median age of people living in Payson is 26.7 years.
The average high temperature in July is 91.4 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 17.4 inches per year, with 51.4 inches of snow per year.
