104 W Phoenix St - Industrial FOR SALE


Payson, AZ 85541
$2,000,000 USD
626-664-1341
104 W Phoenix St, Payson, AZ for Sale
$2,000,000 USD
Industrial - FOR SALE
1/29
null | 5.8% Cap Rate

104 W Phoenix St
Payson, AZ 85541


HIGHLIGHTS

  • 82 Total Units / Parking Spaces (47 Self Storage & 35 Parking)
  • 70% +/- Physical Occupancy
  • 1.43 Acres
  • Expansion Opportunity
  • Upgraded Infrastructure

OVERVIEW

Martinez & Associates, Inc. is pleased to present City Storage, an 82-unit RV and self-storage facility located at 113 W Cedar Ln and 104 W Phoenix St in Payson, Arizona. Situated on approximately 1.43 acres in Gila County, the property offers a mix of 47 self-storage units and 35 RV and parking spaces, with current physical occupancy of roughly 70 percent. City Storage benefits from its strategic position along U.S. Route 60, a major east-west corridor that links the Phoenix metropolitan area with eastern Arizona, providing strong regional connectivity and steady traffic flow. The facility has recently undergone significant upgrades, including the replacement of the retaining wall between buildings, installation of new utility lines, and the addition of rolling gates prepared for future automation. Perimeter security has also been enhanced with complete fencing constructed of steel and stained wood with a concrete base. These improvements create a secure, modern environment that appeals to both local residents and travelers seeking reliable storage options. With expansion potential and strong demand for premium RV and self-storage, City Storage is uniquely positioned as a high-quality facility serving an underserved market. Designed to attract affluent customers in need of secure and convenient storage for their RVs and personal assets, the property presents investors with a stable income stream today and long-term upside through continued lease-up and potential site expansion.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$185 USD /SF

CAP RATE

5.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.43

LAND SF

62,291

ZONING

C-2,C-3

APN/PARCEL ID

304-17-124

ASK ABOUT THIS PROPERTY

Victor MartinezVictor Martinez And AssociatesMore Info
626-664-1341

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Victor MartinezVictor Martinez And AssociatesMore Info
626-664-1341

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.