506 E SOUTHERN Avenue, Phoenix, AZ 85040

$570,000
Property Type: Comm/Industry Sale Square Footage: 2,125 Lot Size (sq. ft.): 7,472 Status: Active
Current Price: $570,000 List Date: 1/14/2026 Last Modified: 7/28/2026

Overview

Description

Here is your opportunity to own a C-1 zoned commercial property with Southern Ave frontage. Currently being used as a recording studio with long-term month-to-month tenants. Permits uses such as small retail, personal services, offices and daycare. Detached apartment in back with alley access. *** OWC w/35% down.***

Listing Details MLS# 6968162

Location, Tax & Legal

House Number
506
Compass
E
Street Name
SOUTHERN
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85040
Zip4
3048
Country
US
County Code
Maricopa
Subdivision
SOUTHERN GARDENS
Assessor Number
113-44-060
Tax Year
2025
Assessor's Map #
44
Legal Description (Abbrev)
SOUTHERN GARDENS MCR 30-26 LOT 18 BLK 2 EX S 7F
Assessor's Parcel #
60
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
115801
Taxes
2855
Legal
SOUTHERN GARDENS MCR 30-26 LOT 18 BLK 2 EX S 7F

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
2125
# of Buildings
2
Year Built
1941
Uncvrd Parking Spcs
4
Zoning
C1

Remarks Misc

Cross Street
7th Street and Southern Ave.
Directions
Turn west to property.

Legal Info

Township
1N
Range
3E
Section
29
Lot Number
18

Showing Notification Methods

Showing Service
Aligned Showings
Phone Call
Yes

More Information

Contact Info

List Agent Home Phn
602-550-6341

Currently Not Used

Sold Price Per SqFt
268.24

Construction

Block
Yes
Stucco
Yes
Wood Frame
Yes

Roofing

Foam
Yes

Floors

Tile
Yes
Carpet
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
2855
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Commercial
Yes
Office
Yes

Business Type

See Remarks
Yes

Pmt & Rate Info

Equity
600000
Total Owed
0

Lockbox Type

See Private Remarks
Yes

Ceiling Height

8 Feet or Less
Yes

Heating

Heat Pump
Yes

Cooling

Central Air
Yes

Interior Features

Other (See Remarks)
Yes

Loading Facilities

None
Yes

Road Access Type

Alley
Yes

Road Surface Type

Paved
Yes

Source of Fincl Data

Owner
Yes

Traffic Count

Unknown
Yes

Fencing

Chain Link
Yes

Water Source

City Franchise
Yes

Building Features

Patio/Deck
Yes
Kitchen
Yes

Sewer

Sewer - Public
Yes

Parking Features

Parking Lot
Yes
Private
Yes
Paved
Yes

Electric

SRP
Yes

Gas

SW Gas
Yes

New Financing

Cash Only
Yes
Owner May Carry
Yes

Special

Owner/Agent
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Building Type: Commercial; Office Business Type: See Remarks Construction: Block; Stucco; Wood Frame Roofing: Foam Floors: Tile; Carpet Ceiling Height: 8 Feet or Less Heating: Heat Pump Cooling: Central Air Loading Facilities: None Interior Features: Other (See Remarks) Fencing: Chain Link Building Features: Patio/Deck; Kitchen Parking Features: Parking Lot; Private; Paved Road Access Type: Alley Electric: SRP Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Owner May Carry Showing Notification Methods: Phone Call Lockbox Type: See Private Remarks Special: Owner/Agent Source of Fincl Data: Owner Road Surface Type: Paved Traffic Count: Unknown Environmental: None
IDX
Listing Office: Casa De Guerrero Realty
Last Updated: July - 28 - 2026
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