507 E BROADWAY ROAD
Phoenix AZ 85040

$950,000
Price

0.0
Beds

0.0
Baths

1,824
Sqft

homeListing Details:

Listing ID: 6996798
Updated: 3/11/2026 3:23pm

Status Active/For Sale
Days On Market 4
Taxes $8,621.00
HOA $0.00/********
Type N/A
Open Parking 20
Year Built 2000
Lot Size 13650.00
County Maricopa
Listed By Compass

descriptionDescription:

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.

schoolSchool Information:

  • ********
  • ********
  • ********

mapProperty Location:

Listed By: Compass | Mehran Parsai 480-980-2244

Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.

real_estate_agentListing Agent Information:

I agree to be contacted by Compass via call, email and text. To opt out, you can reply "stop" at any time or click the unsubscribe link in the emails. Message and data rates may apply. Messages frequency varies. Privacy Policy & Terms.



Ready to Get Started or Have a Question? Please fill out the form and we'll be right with you.

Compass

I agree to be contacted by Compass via call, email and text. To opt out, you can reply "stop" at any time or click the unsubscribe link in the emails. Message and data rates may apply. Messages frequency varies. Privacy Policy & Terms.

Add to Home Screen

App is currently Offline.

Add to Home Screen

Click Share To Add To Home Screen

menu