4305 E Az Highway 260

    Payson, AZ 85541
    • $679,000
    • STATUS: Active
    • ON SITE: 178 days
    • MLS #: 6010038
    UPDATED: 190 min ago
    $679,000
    • 0
      BEDS
    • 1.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,641
      SQFT
    • $89
      $/SQFT
    Type:
    Commercial
    Built:
    1986
    County:
    Area:

    School Ratings & Info

    Description

    Currently offering dozens of self-storage lockers or sheds, 4 residential (apartment) units, and over 4,000 square feet of retail space, the RIM Furniture and Storage building is approximately 7,640 square feettotal. Current revenues are derived from self-storage rentals, retail leases, and several multi-family leases. And all are years out of date and the rates are very low. Variety of uses are possible with all this square footage, the excellent highway access and massiveback wall signage options. Conversion of some or all of the existing retail space to (air-conditioned) self storage units could not only serve the local shortage of self-store-space, but could significantly increase rentalrevenues per square foot at the property. With this much square footage come many options.

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    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Lucido Agency of Keller Williams Realty Biltmore Partners. Data last updated 2020-05-28T00:11:38.223.
    phoenix.lucidoagency.com/homes/101366259

    4305 E Az Highway 260 Payson, AZ 85541

    • Price: $679,000
    • Status: Active
    • Updated: 190 min ago
    • MLS #: 6010038
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.37
    Acres
    7,641
    SQFT
    $89
    $/SQFT
    1986
    Built
    County:
    Gila
    Area:
    Payson
    Property Description
    Currently offering dozens of self-storage lockers or sheds, 4 residential (apartment) units, and over 4,000 square feet of retail space, the RIM Furniture and Storage building is approximately 7,640 square feettotal. Current revenues are derived from self-storage rentals, retail leases, and several multi-family leases. And all are years out of date and the rates are very low. Variety of uses are possible with all this square footage, the excellent highway access and massiveback wall signage options. Conversion of some or all of the existing retail space to (air-conditioned) self storage units could not only serve the local shortage of self-store-space, but could significantly increase rentalrevenues per square foot at the property. With this much square footage come many options.
    Exterior Features

    Construction BlockFrame - Wood Covered Parking Spaces 0.00 Exterior Features Building SignPole SignSecurity Light(S) Fencing Partial Freeway Highway Frontage Parking Free Roads AsphaltDirtGravel Roofing Metal Stories 2 Stories Total Parking Spaces 12.00 Uncovered Parking Spaces 12.00

    Interior Features

    Amenities Showroom Ceiling Height 8 Feet Or Less Cooling Office Evap Flooring CarpetConcreteOther (See Remarks)Wood Heating ElectricOffice Heated Interior Features FinishedPublic Restrooms

    Property Features

    Adjusted Gross Inc 54700.00 Annual Elec Exp 1200.00 Annual Gas Exp 0.00 Annual Ins Exp 3000.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 5713.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 1200.00 Annual Wtr Swr Exp 0.00 Building Type CommercialOfficeOther (See Remarks) Current Use Mini-StorageMixed UseOfficeOtherRetailSee RemarksService BusinessWarehouse Electric Aps Gas Propane Bottled Gross Annual Sch Inc 54700.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number C Net Operating Income 43587.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Septic Source Of Financial Data Provided By Owner Taxes 6371.00 Traffic Count 25001 To 35000 Vacancy Allowance 0.00 Water Shared Well Zoning Warehouse W/Off

    Listing courtesy of Rei Marketing.


    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Lucido Agency of Keller Williams Realty Biltmore Partners. Data last updated 2020-05-28T00:11:38.223.
     
    Lucido Agency of Keller Williams Realty Biltmore Partners
    2920 E Camelback Rd #100
    Phoenix AZ, 85016