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113 W Cedar Lane

Payson, AZ 85541
  • $2,800,000
  • STATUS: Active
  • ID#: 6471761
UPDATED: 24 min ago
$2,800,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,676
    SQFT
  • $493
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1974
County:
Area:

School Ratings & Info

Description

''City Storage'' is located between 104 W Phoenix St & 113 W Cedar Ln. with a total of 1.43 Acres. Rental Units are at or near capacity, Currently we have 25 climate-controlled units. We are beginning Phase two, installing 18 climate-controlled storage units. 3rd Phase will be adding a proposed 35-50 self storage units. With Phase 4 to add an additional 50-80 units. And additional 30 units to be added to garage building (Currently an 18 mo lease is remaining). Plus, Lot space on Cedar property of another 20 RV spaces. The Phoenix Property has 36 Spaces and is 66% occupied. Additionally the Cedar property can be built on or used for additional RV Storage. Includes 2 separate apartments, one in each building.

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Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2023-10-01T21:21:21.03.
www.arizonahomesearch.com/homes/133586978
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113 W Cedar Lane Payson, AZ 85541

  • Price: $2,800,000
  • Status: Active
  • On Site: Days
  • Updated: 24 min ago
  • ID#: 6471761
0
Beds
0
Baths
0
½ Baths
0.5
Acres
5,676
SQFT
$493
$/SQFT
1974
Built
Neighborhood:
Pine Ridge Add Replat
County:
Gila
Area:
Payson
Property Description
''City Storage'' is located between 104 W Phoenix St & 113 W Cedar Ln. with a total of 1.43 Acres. Rental Units are at or near capacity, Currently we have 25 climate-controlled units. We are beginning Phase two, installing 18 climate-controlled storage units. 3rd Phase will be adding a proposed 35-50 self storage units. With Phase 4 to add an additional 50-80 units. And additional 30 units to be added to garage building (Currently an 18 mo lease is remaining). Plus, Lot space on Cedar property of another 20 RV spaces. The Phoenix Property has 36 Spaces and is 66% occupied. Additionally the Cedar property can be built on or used for additional RV Storage. Includes 2 separate apartments, one in each building.
Exterior Features

Construction BlockMetal Covered Parking Spaces 0.00 Fencing Chain LinkSee Remarks Freeway Highway Up To 1 Mile Lot Size Dimensions 150 X 143.78 Parking FencedPaved Parking Roads Asphalt Roofing Comp ShingleMetal Stories 1 Story Total Parking Spaces 5.00 Uncovered Parking Spaces 5.00

Interior Features

Amenities Security GateShowroom Ceiling Height 8.1 Feet To 10 Feet Cooling OtherSee Remarks Flooring CarpetConcrete Heating OtherPropaneSee Remarks Interior Features Other (See Remarks)

Property Features

Adjusted Gross Inc 0.00 Building Type CommercialOfficeOther (See Remarks) Cross Street Beeline Hwy & Cedar Lane Current Use Mini-StorageOfficeSee Remarks Electric ApsIndividual MeterUnderground Gas Propane PipedUnderground Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Other (See Remarks) Lot Number 68 Net Operating Income 12500.00 Other Income 0.00 Ownership Fee Simple Sewer Sewer-In & Connected Source Of Financial Data Provided By Owner Taxes 5156.00 Vacancy Allowance 0.00 Water City Franchise Zoning C-3

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Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2023-10-01T21:21:21.03.
 
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Long Realty Company
4051 E. Sunrise Dr, Suite 101
Tucson AZ, 85718