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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,600,000

Est. payment - /mo

0.5 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Pine Ridge Add Replat

MLS Listing ID 7034506

Year Built 1975

Annual Tax Amount $5,364

Tax Year 2025

Lot Size 0.495 Acres

Acres 0.5

Lot Dimensions 149.64x144.09x149.64x144.28

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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!

Location

State AZ

County Gila

Community Pine Ridge Add Replat

Area Gila

Zoning C-2

Direction : North on Highway 87, West on Cedar Lane, building on the South side of the road.

Interior

Heating Other, Propane

Cooling Central Air, Other

Flooring Other

Exterior

Parking Features Paved

Fence Security, Chain Link

Roof Type Composition,Metal

Private Pool No

Building

Dwelling Type Commercial

Sewer Sewer-In & Connected

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 304-17-119-B

Disclosures Appraisal

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Listed by AM/PM Realty Group LLC • Robert Clarfield

NEARBY SCHOOL & BUSINESS

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113 W CEDAR Lane Payson, AZ 85541