MLS# 7049873 – 1806 W Sherman Street, Phoenix, AZ 85007

Price: $319,900
Building Size SqFt: 666
Lot Size Acres: 0.16
Lot Size SqFt: 6,800
Status: Active
Year Built: 1936
Days on Website: 66

Courtesy of Grayson Real Estate

Property Description

Contractor yard with office. Zoned C-3 with a ton of upside and just a tremendous opportunity for an owner user or an investor with an aggressive price point. The building could serve as office space for admin while most similar properties in the area utilize the lot in the back for parking or storage. Typical rents for this property type start at $2,400 per month NNN as seen in the proforma. The building has front parking area with freshly painted interior and exterior, new LVP flooring, updated plumbing, and a new roofing system. There is a wealth of space in the rear to add shipping containers or build a small warehouse for extra storage. The interior of the building features tile flooring, a private, full bathroom, open kitchenette, aluminum windows, and a patio.

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Property Details and Features

  • Property Access
  • Road Surface: Asphalt
  • Building
  • Built in 1936
  • Living area: 665.0
  • 1 building
  • Construction Materials: Wood Frame, Stucco
  • Cooling
  • Central Air
  • Heat Pump
  • Office A/C
  • Disclosures
  • None
  • Expenses
  • Operating: $813
  • Fence
  • Block
  • Floors
  • Tile
  • Heating
  • Forced Air
  • Heat Pump
  • Electric
  • Income
  • Gross Income: $28,800
  • Gross ScheduledIncome: $28,800
  • Net Operating Income: $28,800
  • Listing
  • Listing ID: 7049873
  • Standard Status: Active
  • MLS Status: Active
  • On market as of 2026-07-03
  • 109 days on market
  • Location
  • Subdivision: WISE ADD
  • County/Parish: Maricopa
  • Lot
  • 0.16 acres
  • Parking
  • 4 open parking spaces
  • 4 total parking spaces
  • Off Street
  • Fenced
  • Property
  • Leasable area: 666.0
  • Roof
  • Composition
  • Sewer
  • Public Sewer
  • Taxes
  • Parcel Number: 112-09-156
  • Public Survey Range: 3E
  • Public Survey Section: 7
  • Annual Amount: $813
  • Tax Book Number: 112.00
  • Legal Description: LOT 154 WISE ADD MCR 000527
  • Lot: 154
  • Map Number: 9.00
  • Year: 2025
  • Zoning: C-3
  • Utilities
  • Water Source: City Franchise, Master Meter
  • Master Meter
  • APS

Property Map

$319,900 – 1806 W Sherman Street, Phoenix, AZ 85007

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This content last updated on September 7, 2026 6:38AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.