869 S TURF FARM RD W Active Save Request In-Person Tour Request Virtual Tour
Payson,UT 84651
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Payson Place
MLS Listing ID 2059791
Construction Status Blt./Standing
HOA Y/N No
Year Built 2014
Annual Tax Amount $9,260
Lot Size 0.490 Acres
Acres 0.49
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Retail
Property Description
Parcel includes 869 & 871 Turf Farm . Great performing property with drive-up window. Surrounded with retail. 2 current triple net Tenants. Seller spent 45k to upgrade electrical to 3 phase 400 amp in 2022 for current restaurant and 26k in 2024 for all new landscaping. Property is currently netting 140K per year with 3% escalation built into the leases. Cap rate is 6.59%. Building is in great condition. Square footage figures are provided as a courtesy estimate only and were obtained from appraisal. Buyer is advised to obtain an independent measurement.
Location
State UT
County Utah
Area Payson; Elk Rg; Salem; Wdhil
Zoning Commercial
Interior
Interior Features Restroom: Private,Restroom: Public,Smart Thermostat(s)
Heating Forced Air,Natural Gas
Cooling Central Air
Flooring Concrete
Inclusions Real Estate
Fireplace No
Window Features Full
Appliance Real Estate
Exterior
Utilities Available Gas: Stubbed,120/208 V 3 Phase 4 Wire,Gas: Natural,Separate Meter: Gas,Separate Meter: Elec.
View Y/N No
Roof Type PVC
Present Use Retail
Handicap Access Ground Level,Accessible Kitchen,Accessible Entrance,Customized Wheelchair Accessible,Accessible Full Bath,Single Level
Private Pool No
Building
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 49-771-0002
Acceptable Financing Cash,Conventional,SBA,Seller Finance First
Listing Terms Cash,Conventional,SBA,Seller Finance First
Virtual Tour https://www.utahrealestate.com/report/display/report/photo/listno/2059791/type/5/pub/0