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113 W Cedar Ln

6,400 SF 100% Leased Retail Building Payson, AZ 85541 £1,564,900 (£245/SF)

Executive Summary

This listing includes 2 legal descriptions, approximately 1 1/2 acres, with a total of 44 climate controlled storage units, 3 Shop Spaces for small business owners, 1 apartment, and 1 Office. It also includes approximately 35 exterior parking lot spaces for RV, Boats & Trailers, etc. The lot was designed with drainage plans that allow for 100% roof line coverage, which means further development of the lot can handle exterior storage units if desired in the future.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,400 SF
Building Class
C
Year Built
1974
Price
£1,564,900
Price Per SF
£245
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.29
Land Acres
0.50 AC
Zoning
C-3 - C-3
Parking
15 Spaces (2.34 Spaces per 1,000 SF Leased)
Frontage
150 ft on Cedar

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Signage
  • Storage Space

Nearby Major Retailers

Chili's Grill & Bar
National Bank of Arizona
PNC Bank
Dutch Bros
Denny's
Filiberto's Mexican Food
Five Guys
Sunstate Equipment
Starbucks
WaFd Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
304-17-119B
Land Assessment
£8,459
Improvements Assessment
£31,602
Total Assessment
£40,061
  • Listing ID: 33950711

  • Date on Market: 21/11/2024

  • Last Updated:

  • Address: 113 W Cedar Ln, Payson, AZ 85541

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