# 507 E BROADWAY Road, Phoenix, AZ 85040 > **TL;DR:** single family, $875,000, built 2000. > A/C. Est. $4,679/mo. Listed 231 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $875,000 | | Year Built | 2000 | | Lot Size | 13,504 sqft (0.31 acres) | | Stories | 1 | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 231 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,424 | | Estimated Insurance | $255 | | **Total** | **$4,679** | ## Key Amenities - A/C ## Property Highlights - Built in 2000 - 0.31 acre lot ## Description ### Agent 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 - **Address:** 507 E BROADWAY Road, Phoenix, AZ 85040 - **County:** Maricopa - **Neighborhood:** LOCH PLACE ANNEX - **Coordinates:** 33.406387, -112.066941 - **Google Maps:** https://www.google.com/maps?q=33.406387,-112.066941 ## Listing Agent - **Name:** Mehran Parsai - **Brokerage:** Compass - **Broker Phone:** (480) 776-1555 ## Photos ![507 E BROADWAY Road - Photo 1](http://lh.rdcpix.com/bc6da0f8f5cd0113642710a097146b1dl-f1991425392r.jpg) ![507 E BROADWAY Road - Photo 2](http://lh.rdcpix.com/bc6da0f8f5cd0113642710a097146b1dl-f2241336100r.jpg) ![507 E BROADWAY Road - Photo 3](http://lh.rdcpix.com/bc6da0f8f5cd0113642710a097146b1dl-f3195751453r.jpg) ![507 E BROADWAY Road - Photo 4](http://lh.rdcpix.com/bc6da0f8f5cd0113642710a097146b1dl-f181543053r.jpg) ![507 E BROADWAY Road - Photo 5](http://lh.rdcpix.com/bc6da0f8f5cd0113642710a097146b1dl-f92934057r.jpg) ![507 E BROADWAY Road - Photo 6](http://lh.rdcpix.com/bc6da0f8f5cd0113642710a097146b1dl-f3313750118r.jpg) ![507 E BROADWAY Road - Photo 7](http://lh.rdcpix.com/bc6da0f8f5cd0113642710a097146b1dl-f2864203875r.jpg) ![507 E BROADWAY Road - Photo 8](http://lh.rdcpix.com/bc6da0f8f5cd0113642710a097146b1dl-f1741998436r.jpg) ![507 E BROADWAY Road - Photo 9](http://lh.rdcpix.com/bc6da0f8f5cd0113642710a097146b1dl-f474899923r.jpg) ![507 E BROADWAY Road - Photo 10](http://lh.rdcpix.com/bc6da0f8f5cd0113642710a097146b1dl-f2941653114r.jpg) ![507 E BROADWAY Road - Photo 11](http://lh.rdcpix.com/bc6da0f8f5cd0113642710a097146b1dl-f1317370988r.jpg) ![507 E BROADWAY Road - Photo 12](http://lh.rdcpix.com/bc6da0f8f5cd0113642710a097146b1dl-f1882662673r.jpg) --- **MLS#:** 6996798 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/507-e-broadway-road-phoenix-az-85040-0c733ac7fbf649eeba8d5c6ff9f43945) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/507-e-broadway-road-phoenix-az-85040-0c733ac7fbf649eeba8d5c6ff9f43945#listing", "url": "https://staging.propertysimple.ai/listing/507-e-broadway-road-phoenix-az-85040-0c733ac7fbf649eeba8d5c6ff9f43945", "name": "507 E BROADWAY Road, Phoenix, AZ 85040", "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. 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