Courtesy of: Mehran Parsai, Compass, mehranp11@gmail.com
Courtesy of: Mehran Parsai, Compass, mehranp11@gmail.com
$950,000
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Lot: 0.31 Acres
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Other
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$950,000
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.
Courtesy of: Mehran Parsai, Compass, mehranp11@gmail.com
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