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404 W Main St - Medical Office Building

5,670 SF Health Care Building Offered at £775,632 at a 10% Net Initial Yield in Payson, AZ 85541

Investment Highlights

  • Location excellent- Historical district
  • Plenty of parking and 17 office/medical suites upstairs
  • Remodeled- new interior exterior paint- new lighting and ceiling fixtures.

Executive Summary

Recently remodeled medical office building* located in the Historical main Street* 5670 sq ft* 2 levels* over an acre lot* easy parking- 38 spaces* freshly painted exterior and interior* beautiful grey laminate flooring downstairs* metal roof installed 2008* lots of interior upgrades* monument sign in front included with building* built in 1982* zoned C-3* 17 medical offices upstairs* 4 AC units 2001 & 2002* serviced regularly* fantastic location* great building!

Property Facts

Price £775,632 Lot Size 0.51 AC
Price Per Bed £45,625 Building Size 5,670 SF
Sale Type Investment or Owner User No. Beds 17
Net Initial Yield 10% Number of Floors 2
Sale Conditions 1031 Exchange Year Built/Renovated 1982/2024
Property Type Health Care Parking Ratio 17.64/1,000 SF
Property Subtype
Rehabilitation Centre
  • Healthcare Assisted Living
Price £775,632
Price Per Bed £45,625
Sale Type Investment or Owner User
Net Initial Yield 10%
Sale Conditions 1031 Exchange
Property Type Health Care
Property Subtype
Rehabilitation Centre
  • Healthcare Assisted Living
Lot Size 0.51 AC
Building Size 5,670 SF
No. Beds 17
Number of Floors 2
Year Built/Renovated 1982/2024
Parking Ratio 17.64/1,000 SF

Amenities

  • Smoke Detector

Room Mix Information

Description No. Beds
Office Medical 0
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zoning

Zoning Code C-3 (Commercial)
C-3 (Commercial)
(480) 329-6007

Contact

  • Listing ID: 34212512

  • Date on Market: 16/12/2024

  • Last Updated:

  • Address: 404 W Main St, Payson, AZ 85541

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404 W Main St - Medical Office Building
(480) 329-6007 x

404 W Main St - Medical Office Building

Steve Williams

(480) 329-6007

(480) 329-6007

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