413 Granite Dells RdPayson, AZ 85541

  • Residential income properties
  • 3.61 AC
For Sale
$2,500,000 View listing

Property Details for 413 Granite Dells Rd

Lot size
3.61 AC
Property type
Residential income properties
Property subtype
Other land

Description

This exceptional 3.61-acre property in Payson, Arizona, presents a unique investment opportunity. Located at 413 & 509 E Granite Dells Rd, this C-2 zoned land offers significant potential for commercial development. Its prime location is adjacent to the Safeway-anchored Ponderosa Village shopping center at the intersection of Highway 260 and Granite Dells Road. The current zoning allows for a variety of commercial uses, including retail and drive-thru establishments, making it ideal for a range of business ventures. The property boasts direct frontage on Granite Dells Road, further enhanced by a planned roadway widening project by the Town of Payson. Currently improved with a single-family residence and a duplex, generating a stable monthly rental income of $3,400 from three 100% leased units on month-to-month terms. All utilities are in place, including power (APS), a domestic well for water, septic systems for sewer, and CenturyLink telephone service. The property's APN is 304-02-005L & 304-02-005Q. This is a rare chance to acquire a versatile commercial parcel with existing income in a thriving Arizona community. The asking price is $2,500,000.

413 Granite Dells Rd, Payson, Arizona

Location Insight

City
Payson
County
Gila
State
Arizona
Latitude
34.2405
Longitude
-111.317

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