507 E BROADWAY Road

Phoenix, AZ 85040
$950,000
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 MoreRead Less
Courtesy of Compass 480-980-2244
Listing Snapshot
Days Online
128
Last Updated
Property Type
Comm/Industry Sale
Lot Size
0.31 Acres
Year Built
2000
MLS Number
6996798
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30 Days Snapshot Of 85040
$368k
-3%
(avg) sold price
7
-65%
homes sold
57
-22%
(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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Jennifer Daniels
Team Leader | Realtor
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