Listing ID86560
Price$2,800,000
SqFt 2,376
Acres 0.930
StatusActive
CountyGila
Year Built1985
Property TypeCommercial
Property Sub TypeIndustrial
''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. Currently land is being rented for RV Storage and is almost at capacity. Building on Phoenix has office and 18 Climate Controlled Units, Building on Cedar has Apartment and 25 more Climate Controlled units. Unit Sizes to be modified during building process. Currently generating over $12,450 monthly and have potential of 2-3 times in volume as Phases are complete. These properties are being sold together and adjoining, located at: 104 W Phoenix St (Zoned C2) (.93 Ac.) & 113 W Cedar (Zoned C3) (.50 Ac.)
© 2022 Central Arizona MLS (CAZBR).
Information deemed reliable, but not guaranteed.
Data last updated: Tuesday, August 16th, 2022
Listing courtesy of DeLex Realty - PAYSON.

Data services provided by IDX Broker
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