An exclusive purchase opportunity for this 3.61-acre (3.74 gross) C-2 zoned property located adjacent to and contiguous with the Safeway grocer anchored neighborhood center known as Ponderosa Village located at the intersection of Highway 260 and Granite Dells Road in the Town of Payson, Arizona. The existing single-family and duplex apartments are 100% leased on month-to-month terms with $4,800 per month in total contract rental revenue in-place. The property has direct frontage along Granite Dells Road, with a roadway widening/enhancement planned by the Town. The property is currently improved with one (1), single-family residence and one (1), duplex apartment for a total of three (3) residential rental units. All utilities to support the existing development is in-place including; power (APS), water (domestic well), sewer (septic systems), and telephone (CenturyLink). Current zoning (C-2) district allows for various commercial to accommodate an array of general commercial and business activities with emphasis on shopping and business centers, which included retail and drive-thru concepts. *Please do not disturb tenants. Owner’s permission is required prior to a property tour.