AZ
Gila
Payson
85541
113 W CEDAR Lane
113 W CEDAR Lane, Payson, AZ 85541
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Listing Type
Commercial/Industrial
Listing Status
Active
1
$1,850,000

Home Details for 113 W CEDAR Lane

Price
$1,850,000
Type
Commercial Sale
Square feet
7185
Year built
1975
Lot size acres
0.5
County
Gila
Listing #
7034506
Listing Courtesy: AM/PM Realty Group LLC - 480-239-7793
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. 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. These adjoining parcels are classified as C2 (104 W Phoenix St, 0.93 Ac.) and C3 (113 W Cedar Ln, 0.50 Ac.), presenting a wealth of versatile opportunities for commercial expansion. 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 Features
  • Cooling Information
    • Central Air
    • Other
  • Heating Information
    • Other
    • Propane
  • Water Features
    • Public
  • Utilities
    • Sewer Connected
  • Parking
    • Paved
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Last Updated: 2026-06-03 09:21:13
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