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$950,000
Est. payment /mo
0.31 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Loch Place Annex
MLS Listing ID 6996798
Year Built 2000
Annual Tax Amount $8,621
Tax Year 2025
Lot Size 0.313 Acres
Acres 0.31
Source Arizona Regional Multiple Listing Service (ARMLS)
Property 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.
Location
State AZ
County Maricopa
Community Loch Place Annex
Area Maricopa
Zoning C-3
Direction West on Broadway to property
Interior
Heating Electric
Cooling Office A/C
Flooring Concrete
Exterior
Parking Features Fenced
Fence Security, Block
Roof Type Composition
Private Pool No
Building
Dwelling Type Commercial
Sewer Septic Tank
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 113-37-083-A
Disclosures None
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Listed by Compass • Mehran Parsai
NEARBY SCHOOL & BUSINESS
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