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648 West Coolidge Street
Phoenix, AZ 85013
Asking Price
$1.90M
Asset Type
Auto Shop Retail
Class
Class B
What's Special
RARE OPPORTUNITY IN CENTRAL PHOENIX | Auto Repair | C-3 Zoning <p>• Forty Years as an Auto Repair Shop in Melrose District • Property Type: Automotive Repair, Industrial / Flex • Zoned C-3: City of Phoenix • Built 1939 • 2025 Property Taxes: $3,180.50 • 2026 Property Insurance Premium: $3,440 • Electrical Service: Arizona Public Service – 200 amps</p><p></p><p>• High Visibility: Situated along 7th Avenue corridor, offering excellent brand exposure in a vibrant heavy commercial district. • Functional Loading: Equipped with two drive-in roll up doors and clea
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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96
