Commercial-Sale

869 TURF FARM RD, Payson

$2,200,000.00

Bedroom bedrooms

  • MLS #: 2059791
  • Address: 869 TURF FARM RD, Payson, UT 84651
  • Date Listed: 1/21/2025
  • Days on Market: 32
  • Acres: 0.49
  • Subdivision: PAYSON PLACE

Agent Comments Agent Comments
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.

Amenities Amenities
  • Real Estate

Interior Features Interior Features
  • Cool System: Central Air
  • Heat System: Forced Air, Natural Gas
  • Floors: Concrete
  • Interior: Restroom: Private, Restroom: Public, Smart Thermostat(s)

Exterior Features Exterior Features
  • Roof: PVC

Additional Features Additional Features
  • County: Utah
  • Property Type: Retail
  • Tax Number: 49-771-0002
  • Stories: 0
  • Year Built: 2014