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    550 N Main St

    Payson, UT 84651
    • $399,897
    • STATUS: Active Under Contract
    • ON SITE: 76 days
    • ID#: 1662749
    Under Contract
    UPDATED: 63 min ago
    $399,897
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1940
    County:

    School Ratings & Info

    Description

    Located off of Main St. in Payson next to Payson Market. Three total parcels in this sale for a total of .374. This location is ideal and has many possibilities. Included Parcels in sale are 30:026:0099 and 30:026:0098. 12 Total Storage units. Storage Unit (1)21x15 Storage Unit (2-12) 21x12 Front building currently used at a rental. Brings in $1,200/month for 1200 square feet with a one year lease ending April 2021. Tenants pay their own utilities. 1 bedroom 1.5 bath. Built in 1910. This property has a potential to get 8-10% cap rate Come take a look at this great investment property with great potential. Call to set up an appointment to see it. Please allow 24 hr notice for showings in the front building that is being rented out.

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    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2020-06-06T18:35:53.517. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
    www.goberealty.com/homes/104367519

    550 N Main St Payson, UT 84651

    • Price: $399,897
    • Status: Active Under Contract
    • Updated: 63 min ago
    • ID#: 1662749
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    1940
    Built
    Neighborhood:
    Payson; Elk Rg; Salem; Wdhil
    County:
    Utah
    Area:
    Payson; Elk Rg; Salem; Wdhil
    Property Description
    Located off of Main St. in Payson next to Payson Market. Three total parcels in this sale for a total of .374. This location is ideal and has many possibilities. Included Parcels in sale are 30:026:0099 and 30:026:0098. 12 Total Storage units. Storage Unit (1)21x15 Storage Unit (2-12) 21x12 Front building currently used at a rental. Brings in $1,200/month for 1200 square feet with a one year lease ending April 2021. Tenants pay their own utilities. 1 bedroom 1.5 bath. Built in 1910. This property has a potential to get 8-10% cap rate Come take a look at this great investment property with great potential. Call to set up an appointment to see it. Please allow 24 hr notice for showings in the front building that is being rented out.
    Exterior Features

    Construction Condition Brick Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 0.0 Length In Feet Of Side Of Property 0.0 Roof Features Composition

    Interior Features

    Floor Coverings CarpetLinoleumConcrete Heating Features Gas: Natural Interior Features KitchenRange/Oven

    Property Features

    Capitalization Rate 4.40 Commercial Property Type Retail Culinary Water Connected Customer Visibility Road Traffic Gross Scheduled Income 21270 Lease Terms From 1800-01-01 Lease Terms To 1800-01-01 Net Operating Income 17749 Owner Type Property Owner Possession Recording Roads Gravel Sewer Connected Site Tenant Occupied Sublease From 1800-01-01 Sublease To 1800-01-01 Taxes 2061 Zoning Commercial Zoning Code Gc-1

    Listing provided courtesy of Equity Real Estate (West). Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2020 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2020-06-06T18:35:53.517. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
     
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