113 W CEDAR Lane

Payson, AZ 85541

Payson, AZ 85541

113 W CEDAR Lane

$1,850,000

MLS#: 7034506

Status: Active

Listing provided by: AM/PM Realty Group LLC

Listing agent phone: None

Last update: 16 days ago

On site: 21 days ago

PINE RIDGE ADD REPLAT - Commercial Sale

About

A great opportunity for a commercial property, ''City Storage,'' strategically located at the high-traffic intersection of 104 W Phoenix St and 113 W Cedar Ln, encompassing a substantial 1.43 acres. This well-established storage facility demonstrates strong market demand with an impressive occupancy rate, showcasing the potential for further growth and profitability. Seller financing is available to facilitate acquisition. Currently, City Storage offers over 40 climate-controlled units across both buildings, designed with expansion in mind. The infrastructure is primed for significant development, allowing for an increase in capacity to meet the rising demand. Adjoining parcels are classified as C2 (104 W Phoenix St, 0.93 Ac.) and C3 (113 W Cedar Ln, 0.50 Ac. Moreover, the property includes a garage building with an 18-month remaining lease, providing an extra 30 units. The Cedar property offers additional development opportunities or space for 20 RV parking spots, while the Phoenix property currently has 36 spaces and is 66% occupied. Both properties come with the added benefit of two separate apartments, strategically located in each building, offering additional rental income or living accommodations for management. These adjoining parcels are zoned C2 (104 W Phoenix St, 0.93 Ac.) and C3 (113 W Cedar, 0.50 Ac.), providing versatile opportunities for commercial expansion and investment. Don't miss out on this remarkable chance to own a thriving storage business with remarkable growth potential!

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1975

Sq.Footage

7,185

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Other

  • Heating YN

    YES

  • Heating

    Other, Propane

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Other, Block

  • Parking

    Paved

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.5

  • Lot Size(square feet)

    21570.0

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,850,000

  • Tax Amount

    $5,364

  • Sq. Footage

    7, 185

  • Price/SqFt

    $257

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Fee Simple

  • Tax Lot

    68

  • Water Source

    Public

Schedule

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Location

  • County

    Gila

  • Elementary School

  • Middle School

  • High School

Listing Courtesy of Robert Clarfield , AM/PM Realty Group LLC

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A great opportunity for a commercial property, ''City Storage,'' strategically located at the high-traffic intersection of 104 W Phoenix St and 113 W Cedar Ln, encompassing a substantial 1.43 acres. This well-established storage facility demonstrates strong market demand with an impressive occupancy rate, showcasing the potential for further growth and profitability. Seller financing is available to facilitate acquisition.

Currently, City Storage offers over 40 climate-controlled units across both buildings, designed with expansion in mind. The infrastructure is primed for significant development, allowing for an increase in capacity to meet the rising demand.

Adjoining parcels are classified as C2 (104 W Phoenix St, 0.93 Ac.) and C3 (113 W Cedar Ln, 0.50 Ac. Moreover, the property includes a garage building with an 18-month remaining lease, providing an extra 30 units. The Cedar property offers additional development opportunities or space for 20 RV parking spots, while the Phoenix property currently has 36 spaces and is 66% occupied.

Both properties come with the added benefit of two separate apartments, strategically located in each building, offering additional rental income or living accommodations for management.

These adjoining parcels are zoned C2 (104 W Phoenix St, 0.93 Ac.) and C3 (113 W Cedar, 0.50 Ac.), providing versatile opportunities for commercial expansion and investment.

Don't miss out on this remarkable chance to own a thriving storage business with remarkable growth potential!

113 W CEDAR Lane

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