4525 S Park Ave

4,162 SF Retail Building Tucson, AZ 85714 $949,900 ($228/SF)

Investment Highlights

  • Established Restaurant Location
  • Development Opportunity
  • Opportunity Zone
  • Heavy Traffic
  • On South Park-Near State Offices, VA, Base and Fair Grounds

Executive Summary

Are you looking for a future restaurant or commercial business location in Opportunity Zone? This well maintained 4162-sf commercial building on 35,618-sf paved property, which currently is leased to an established fully operating established local Mexican restaurant. This location is zoned Tucson C-1, and has many additional commercial retail uses such as a meat market, commissary, salon, daycare, etc. The sale can include all Furniture, Equipment, Fixtures including walk-in Coolers and Freezers. Has Phase 3 electric, and has about 65 parking spaces. Location draws customers from the Base, State Offices, fairgrounds border patrol, the VA, to name a few. Contact listing broker for lease & property financial information. Please do not talk to tenants or employees regarding property.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,162 SF
Building Class
B
Year Built
1979
Price
$949,900
Price Per SF
$228
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.82 AC
Opportunity Zone
Yes
Zoning
C-1, Tucson - Commercial C-1
Parking
65 Spaces (15.62 Spaces per 1,000 SF Leased)
Frontage
93 FT on Michigan St

Amenities

  • Bus Line
  • Signage

Nearby Major Retailers

Bank of America
Fry’s Food Stores
Chase Bank
Starbucks
Rudy's Bbq
Krispy Krunchy Chicken
The YMCA
Rent-A-Center

PROPERTY TAXES

  • Listing ID: 34207606

  • Date on Market: 12/15/2024

  • Last Updated:

  • Address: 4525 S Park Ave, Tucson, AZ 85714