1389 Christopher Creek LoopPayson, AZ 85541

Property Details for 1389 Christopher Creek Loop

Year built

1973

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.21 AC

Property size (Sq ft)

1,141 SF

Property type

Office buildings

APN

303-09-007D

APU

30309007D

Description

This exceptional Payson, AZ commercial property, situated on a 0.2-acre lot at 1389 E Christopher Creek Loop Unit 1389, presents a unique investment opportunity. Originally established in 1990 and substantially reconstructed the same year, this building boasts a versatile layout ideal for a variety of businesses. The interior features a private office, a spacious open office/reception area (easily adaptable as a showroom or retail space), a dedicated conference room, a convenient kitchenette, and an attached storeroom. Adding to the comfort and functionality, the property includes a fireplace with a woodstove insert and an attractive Vermont Castings gas stove in the conference room. Significant upgrades were completed in 2017, including the installation of a new gas and electric HVAC unit and the replacement of the roof with 3-tab architectural grade shingles. The interior showcases professional built-in cabinets and countertops, complemented by a charming knotty pine finish and slump block construction. The property also includes two separate storage buildings, providing ample additional space. High-speed internet access is readily available through CenturyLink, further enhanced by the proximity of a cell tower ensuring excellent cellular and internet service. Furnishings are negotiable. This property offers a blend of established infrastructure and modern updates, making it a compelling option for discerning buyers.

• CAP approach

  CAP return

  Valuation

  6%

  $334,521

  6.5%

  $308,788

  7%

  $286,732

• Comparable approach

  Method

  Valuation

  Relative Method

  $257,387

  Geo Method

  $257,387

• Alternative Use

  Use

  Valuation

  Residential

  $382,898

  Hospitality

  $350,732

  Educational

  $291,805

  Medical

  $301,841

  Retail

  $453,919

Location Insight

City

Payson

County

Gila

State

Arizona

Latitude

34.3197

Longitude

-111.012

CBSA code

37740

CBSA name

PAYSON, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].