$712,600
Payson, AZ 85541
MLS# 5375413
Status: Closed
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Property Description
One of the highest quality structures built in Payson, this 4,451 sf modern building is situated on a 56,694 sf lot (1.3 acres) and provides a great turn key opportunity for your vision of a successful commercial property –located only ¼ mile from new ASU campus on busy Highway 260 (30,000+ cars per day). It also has expanded electrical with 800 Amp - 3 Phase power and a special deck built in the back which could be for bands or other entertainment. Ample parking with 49 spaces (11:1 ratio) including 2 ADA. 12' ceilings in the main building plus a banquet room and full kitchen including a walk-in fridge and freezer. Very close to possible ASU site. Excellent security system on site as well. Call to request more information and to arrange a showing.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $712,600
Sold Price: $712,600
Status: Closed
List Date: 2015-11-22
Location, Tax & Legal
Assessor's Map #: 7
Legal Description (Abbrev): EAST1/2LOT 23, PARK PAYSON, PLAT 440, EXC SOUTH 240.0' POR GOV LO TS 7, 8 & 14NE1/4 SEC 3 T10N R10E
Assessor's Parcel #: 23
Assessor Parcel Ltr: M
Add'l Parcels: No
Tax Municipality: Payson
Census Tract: 500
Taxes: 13397
Legal: EAST1/2LOT 23, PARK PAYSON, PLAT 440, EXC SOUTH 240.0' POR GOV LO TS 7, 8 & 14NE1/4 SEC 3 T10N R10E
Marketing Name: Pirate's Hideaway
Map Code/Grid: C71
House Number: 805
Compass: E
Street Name: STATE HIGHWAY 260
St Suffix: --
City/Town Code: Payson
State/Province: AZ
Zip Code: 85541
Zip4: 4940
County Code: Gila
Subdivision: PARK PAYSON
Assessor Number: 304-07-023-M
Tax Year: 2015
General Property Description
Type of Property: Entertainment Complex
Ttl Apx SqFt Bldg: 4451
# of Buildings: 2
Uncvrd Parking Spcs: 49
Volts/Amps: 800 (3 Phase)
Year Built: 1994
Zoning: Commercial
Legal Info
Range: 10E
Section: 03
Township: 10N
Lot Number: 23
Construction
Block: 1
Roofing
Rolled: 1
Floors
Concrete: 1
Sealed: 1
Ceramic Tile: 1
Carpet: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 13397
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Business Type
Mixed: 1
Restaurant: 1
Recreation: 1
Food Service: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 300000
Equity: 725000
Total Owed: 0
Assessment Balance: 0
Ceiling Height
10.1 Feet to 12 Feet: 1
Heating
Electric: 1
Natural Gas: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Smoke Detector(s): 1
Security System: 1
Security Light(s): 1
Security Camera(s): 1
Alarm System: 1
Phone System: 1
Public Restrooms: 1
Loading Facilities
Grade Level: 1
Road Surface Type
Asphalt: 1
Exterior
Sprinkler System-Ground: 1
Landscaping: 1
Curb(s) & Gutter(s): 1
Pole Sign: 1
Building Sign: 1
Monument Sign: 1
Security Light(s): 1
Security Camera(s): 1
Source of Fincl Data
Other (See Remarks): 1
Traffic Count
25,001 to 35,000: 1
Fencing
Wood: 1
Chain Link: 1
Water Source
City Franchise: 1
Freeway/Highway
Frontage: 1
Building Features
Conference Room: 1
Kitchen: 1
Skylight(s): 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Parking Lot: 1
Electric
City Electric: 1
Over 220 Amp: 1
3 Phase Power: 1
Gas
City Gas: 1
New Financing
Owner May Carry: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Home Phn: 480-229-6999
Sold Info
Loan Type: SBA
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 1/2 mile east of Hwy 87 and 260
Directions: Take State Highway 260 1/2 mile east from main intersection in Payson.
Geo Lat: 34.241415
Geo Lon: -111.310692
Status Change Info
Off Market Date: 2016-04-15
Under Contract Date: 2016-01-18
Close of Escrow Date: 2016-04-15
Sold Price: $712,600
Property Features
Building Type: Commercial
Business Type: Mixed; Restaurant; Recreation; Food Service
Stories: 1 Story
Construction: Block
Roofing: Rolled
Floors: Concrete; Sealed; Ceramic Tile; Carpet
Ceiling Height: 10.1 Feet to 12 Feet
Heating: Natural Gas
Cooling: Central Air
Loading Facilities: Grade Level
Interior Features: Finished; Fire Sprinklers; Smoke Detector(s); Security System; Security Light(s); Security Camera(s); Alarm System; Phone System; Public Restrooms
Exterior: Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Pole Sign; Building Sign; Monument Sign; Security Light(s); Security Camera(s)
Fencing: Wood; Chain Link
Building Features: Conference Room; Kitchen; Skylight(s)
Parking Features: Free; Parking Lot
Electric: City Electric; Over 220 Amp; 3 Phase Power
Gas: City Gas
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Owner May Carry
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Road Surface Type: Asphalt
Traffic Count: 25,001 to 35,000
Environmental: None
Listing Office: Keller Williams, Professional Partners
Last Updated: December - 16 - 2025
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