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    2650 N 1St Avenue

    Tucson, AZ 85719
    • $698,000
    • STATUS: Active
    • ID#: 22023943
    UPDATED: 27 min ago
    $698,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,089
      SQFT
    • $641
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1957
    County:
    Area:

    School Ratings & Info

    Courtesy of Goldsmith Real Estate.

    Description

    Fabulous investment opportunity! Located near U of A, this established restaurant and back building is offered with Cap Rate of 8.4%. Stable, well-paying tenant with four years remaining on initial term with one 5-year option. Tenant responsible for all maintenance, utilities, etc., Call listing agent for additional information.PLEASE DO NOT DISTURB TENANT.

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    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-10-21T21:06:38.377.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Tucson Property Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.tucsonproperty.com/homes/110379616
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    2650 N 1St Avenue Tucson, AZ 85719

    • Price: $698,000
    • Status: Active
    • Updated: 27 min ago
    • ID#: 22023943
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    1,089
    SQFT
    $641
    $/SQFT
    1957
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    Fabulous investment opportunity! Located near U of A, this established restaurant and back building is offered with Cap Rate of 8.4%. Stable, well-paying tenant with four years remaining on initial term with one 5-year option. Tenant responsible for all maintenance, utilities, etc., Call listing agent for additional information.PLEASE DO NOT DISTURB TENANT.
    Exterior Features

    Construction Masonry Stucco Landscape Front Desert PlantingsLow CareShrubsSprinkler/Drip Landscape Rear Desert PlantingsLow CareSprinkler/DripTrees Parking Paved ParkingPrivate Parking Road Type Paved Roof Built-Up - ReflectRolled

    Interior Features

    Main Cooling Ac Central Main Heating Forced Air - Elec

    Property Features

    Analysis Cap Rate Percent 8.40 Assessments 0.00 Business Location Free Standing Bldg Country Usa Electric Electric Company Tep Expenses Insurance 4168.00 Expenses Taxes Assessments 4324.00 Fema Flood Zone No Fenced Storage No Fire Protection Included in Taxes Freeway Highway 2.1 - 5 Mile Gas Natural Income Gross Scheduled Rent 67200.00 Income Net Opp Income 58708.00 Lot Dimensions Irreg. Lot Sqft 19157.00 Multi Tenant Yes Municipal Flood Zone No Municipality Zoning Tucson - C3 Property Disclosures Unknown Property Sub Type Retail Security Alarm InstalledCamerasSecurity Lights Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2020 Taxes 4323.47 Terms CashConventionalExchange Total Parking 15 Traffic Count 50001 To 75000 Water City

    Listing provided courtesy of Goldsmith Real Estate. Listing information © 2020 MLS of Southern Arizona.


    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-10-21T21:06:38.377.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Tucson Property Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
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    Tucson Property Executives
    7355 N Oracle Rd, Suite 111
    Tucson AZ, 85704
    Courtesy of Goldsmith Real Estate.