Viewing Listing MLS# 6996798
$950,000 | N/A beds | N/A full baths | N/A half baths | 1,824 sqft
Phoenix, AZ 85040
- N/ABeds
- 0.00Total Baths
- 1,824SqFt
- 2000Year Built
- 0.31Acres
- 26 yearsEst Age
- MLS# 6996798
- Commercial
- Comm/Industry Sale
- Active
- Approx Time on Market3 months, 8 days
- AreaN/A
- CountyMaricopa
- Subdivision Loch Place Annex
Overview
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.
Agriculture / Farm
Association Fees / Info
Hoa: No
Bathroom Info
Building Info
Construction Materials: Wood Frame, Block
Structure Type: Commercial
Roof: Composition
Business Info
Type of Business Opportunity: Automobile
Exterior Features
Fencing: Security, Block
Financial
Gross Income: 66000
Garage / Parking
Parking Features: Fenced
Interior Features
Flooring: Concrete
Lot Info
Lot Size Units: Square Feet
Lot Sqft: 13650
Number of Buildings: 1
Property Info
Zoning: C-3
Sqft Info
Sqft: 1824
Tax Info
Tax Legal Description: LOCH PLACE ANNEX E2 LOT 81 EX N 7' & ALSO E2 LOT 82
Tax Amount Annual: 8621
Unit Info
Utilities / Hvac
Water Source: City Franchise
Electric: SRP
Cooling: Yes
Cool System: Office A/C
Heating: Electric
Heating: Yes
Sewer: Septic Tank
Waterfront / Water
Directions
West on Broadway to property
Listings courtesy of Compass
- 480-980-2244
MLS# 7040789 
