408 W Main St, Payson, AZ 85541

Property Description

Prime commercial investment opportunity on Main Street in the heart of Payson, AZ. This well-maintained multi-suite commercial building offers excellent visibility, easy access, and strong income potential. The property features 11 suites with a few tenants occupying several units. There are numerous upgrades completed throughout, making it attractive for both tenants and investors alike. Major capital improvements include a newer roof installed in 2022 with 30-year shingles and an existing roof warranty, along with new heating and air conditioning units installed in 2022. The exterior was repainted approximately two years ago, providing a clean, updated curb appeal. Adding to the income potential are seven on-site storage containers, ideal for tenant use or to lease separately for additional revenue. Parking is convenient and well thought out, with parking available directly in front of the lower units as well as additional parking in the rear for the upstairs suites, allowing customers and tenants easy access without the need to walk up stairs. Located on one of Payson's main thoroughfares, this property is perfectly suited for professional offices, retail, service-based businesses, or mixed commercial use. A solid investment with recent updates, flexible suite configuration, and added income opportunities—this Main Street property is a standout opportunity in a growing market. Owner is a license realtor in the State of Arizona.