Courtesy of Compass 480-980-2244
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.
Open House
Property Details and Features
-
Building
- Built in 2000
- Living area: 1824.0
- 1 building
- Construction Materials: Wood Frame, Block
-
Cooling
- Office A/C
-
Disclosures
- None
-
Expenses
- Operating: $8,921
- Water/Sewer: $300
-
Fence
- Security
- Block
-
Floors
- Concrete
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Heating
- Electric
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Income
- Gross Income: $66,000
- Gross ScheduledIncome: $66,000
- Net Operating Income: $57,000
-
Listing
- Listing ID: 6996798
- Standard Status: Active
- MLS Status: Active
- On market as of 2026-03-11
- 178 days on market
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Location
- Subdivision: LOCH PLACE ANNEX
- County/Parish: Maricopa
-
Lot
- 0.31 acres
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Parking
- 20 open parking spaces
- 20 total parking spaces
- Fenced
-
Roof
- Composition
-
Security Features
- Smoke Detector(s)
-
Sewer
- Septic Tank
-
Taxes
- Parcel Number: 113-37-083-A
- Public Survey Range: 3E
- Public Survey Section: 29
- Annual Amount: $8,621
- Tax Book Number: 113.00
- Legal Description: LOCH PLACE ANNEX E2 LOT 81 EX N 7′ & ALSO E2 LOT 82
- Lot: 81
- Map Number: 37.00
- Parcel Letter: A
- Year: 2025
- Zoning: C-3
-
Utilities
- Water Source: City Franchise
- SRP
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This content last updated on September 5, 2026 11:48AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.