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507 E BROADWAY Road
507 E BROADWAY Road
507 E BROADWAY Road
507 E BROADWAY Road
507 E BROADWAY Road
507 E BROADWAY Road
507 E BROADWAY Road
507 E BROADWAY Road
507 E BROADWAY Road
507 E BROADWAY Road
507 E BROADWAY Road
507 E BROADWAY Road
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$950,000

507 E BROADWAY Road

1,824 Sq.Ft. 0.31 Acres

Description

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, 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.

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Location

507 E BROADWAY Road, Phoenix, AZ 85040

Status

For Sale

Property Amenities

Interior
Flooring Concrete
Area & Lot
Lot Area 0.31 Acres
Living area 1,824 Sq.Ft.
MLS® ID 6996798
Year Built 2000
Type Commercial
Status For Sale
Exterior
Stories 1
Air conditioning Office A/C
Heat type Electric
Water Source City Franchise
Security Features Smoke Detector(s)
Sewer Septic Tank
Parking Fenced
Roof Composition
Finance
Sales Price $950,000
Real Estate Tax $8,621 yearly
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Thank you for your interest in 507 E BROADWAY Road, Phoenix, AZ 85040. We are reviewing your request and will be in touch shortly!

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