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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
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507 E Broadway Road, Phoenix, AZ – $950,000

  • $950k Price
  • 1,824 Sqft
  • .31 Acres
  • $950k Price
  • 1,824 Sqft
  • .31 Acres

507 E Broadway Road

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.

Essential Information

  • MLS® #6996798
  • Price$950,000
  • Square Footage1,824
  • Acres0.31
  • Year Built2000
  • TypeComm/Industry Sale
  • Sub-TypeCommercial
  • StatusActive

Community Information

  • Address507 E Broadway Road
  • SubdivisionLOCH PLACE ANNEX
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85040

Amenities

  • Parking Spaces20
  • ParkingFenced

Interior

  • HeatingElectric
  • CoolingOffice A/C

Exterior

  • RoofComposition
  • ConstructionWood Frame, Block

Additional Information

  • ZoningC-3

Listing Details

  • OfficeCompass
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Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on March 18th, 2026 at 7:59pm MST.