Payson, AZ 85541,505 W MAIN Street
Payson, AZ 85541,505 W MAIN Street
Payson, AZ 85541,505 W MAIN Street
Payson, AZ 85541,505 W MAIN Street
Payson, AZ 85541,505 W MAIN Street
Payson, AZ 85541,505 W MAIN Street
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$1,100,000

$1,200,000

8.3%
Est.Price: ?

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Est. payment /mo

0.81 Acres Lot


SOLD DATE : 10/06/2023

Key Details

Sold Price $1,100,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Payson Heights

MLS Listing ID 6537116

Sold Date 10/06/23

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 2018

Annual Tax Amount $3,474

Tax Year 2021

Lot Size 0.809 Acres

Acres 0.81

Property Description

Welcome to the historic Pieper Mansion, a true gem of Payson's rich history. Originally built in approximately 1893, this iconic location served as the center of town and was home to the famous Rodeos held right in the middle of Main Street. Recently refurbished by the Wolf Family, the Pieper Mansion and Cabins have been lovingly restored to their former glory, preserving as much of the original character and charm as possible. Inside, the home is a perfect blend of old-world charm and modern convenience, with all the amenities you need for comfortable living. Beautifully restored woodwork, and elegant finishes make this property a true standout. The property features several cabins, perfect for guests or vacation rental, and the spacious outdoor areas are perfect for entertaining or simply relaxing and enjoying the beautiful Arizona weather.
Located in the heart of Payson, this historic property is just steps away from all the shopping, dining, and entertainment options the town has to offer. Don't miss your chance to own a piece of Payson history.

Currently managed as the popular Payson Main Street Cabins on Air B&B, this property presents a unique opportunity for the new owners to continue running a successful vacation rental business or to expand and diversify their investment portfolio. With the owners residing in the Main House, there's plenty of space to add more cabins, transform the property into a venue, or use it as a business location. The possibilities are endless, making this a perfect opportunity for entrepreneurs looking to capitalize on the growing tourism industry in Payson. Don't miss out on this incredible investment opportunity - schedule your private tour today!

Location

State AZ

County Gila

Community Payson Heights

Zoning C-3

Direction South Hwy 87 (Beeline Hwy) turn West on Main Street sign on the property on the south side of the road.

Interior

Cooling Central A/C

Flooring Wood

Exterior

Garage Other (See Remarks), Private Parking

Fence Fencing Partial

Roof Type Metal

Present Use Service Business

Total Parking Spaces 12

Building

Sewer Sewer-In & Connected

Water City Franchise

New Construction Yes

Others

Senior Community No

Tax ID 304-06-245-E

Financing Other

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Arizona Regional MLS (ARMLS)
Listed by DeLex Realty
Bought with HomeSmart Lifestyles
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