Prime Investment with Rare C-3 Zoning. Excellent opportunity to acquire a high-visibility commercial property generating strong income with a 6% cap rate. The 1,814 SF building is leased to an established auto repair tenant at $5,500/month, providing stable cash flow. Property has been recently remodeled and features a new roof,… Read More minimizing near-term capital expenses. Includes three exterior service bays with two lifts and ample parking. Located in a busy corridor with highly desirable and hard-to-find C-3 zoning, allowing for a wide range of commercial uses and long-term flexibility for investors or future redevelopment. Read Less
Courtesy of Compass 480-980-2244
Listing Snapshot
Days Online
1
Last Updated
Property Type
Comm/Industry Sale
Lot Size
0.31 Acres
Year Built
2000
MLS Number
6996798
30 Days Snapshot Of 85040
$309k
+7%
(avg) sold price
18
+50%
homes sold
97
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 2000, Living area: 1824, Construction materials: "Wood Frame", "Block"
Cooling
"Office A/C"
Expenses
Water sewer: $300
Fence
"Security", "Block"
Floors
"Concrete"
Heating
"Electric"
Lot
0.31 acres, 13,650 sqft
Parking
"Fenced", 20 total parkings
Property
Zoning: C-3
Roof
"Composition"
Security Features
"Smoke Detector(s)"
Sewer
"Septic Tank"
Taxes
Annual amount: $8,621, Lot: 81
Utilities
"SRP"
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