922 E University E

    Tucson, AZ 85719
    • $2,400,000
    • STATUS: Active
    • ID#: 22007956
    UPDATED: 70 min ago
    $2,400,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,130
      SQFT
    • $1,127
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2008
    County:
    Area:

    School Ratings & Info

    Courtesy of Skyline Realty & Investments,.

    Description

    A Rare opportunity! Arguably one of the best locations in Tucson right on Main gate square on University Blvd at the entrance of U of A with constant foot traffic that exceeds many retail malls. Once in a lifetime opportunity to get in as one of the only privately held buildings on this block. 100's of millions of dollars being invested across the street. Currently leased to a retail store in front and has an parking lease revenue due to the high demand in this area. Additionally there is a development plan for a very small mixed use with office and 1400-1800 sqft loft which would be directly behind the building in a 30x35 foot area. The mixed use project isn't approved and will not be contingent upon this. Zoning is limited to 30' in height.

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    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-04-04T18:06:16.137.
    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 The Local Real Estate Group | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.thelocalrealestategroup.com/homes/104376449

    922 E University E Tucson, AZ 85719

    • Price: $2,400,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: 22007956
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,130
    SQFT
    $1,127
    $/SQFT
    2008
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    A Rare opportunity! Arguably one of the best locations in Tucson right on Main gate square on University Blvd at the entrance of U of A with constant foot traffic that exceeds many retail malls. Once in a lifetime opportunity to get in as one of the only privately held buildings on this block. 100's of millions of dollars being invested across the street. Currently leased to a retail store in front and has an parking lease revenue due to the high demand in this area. Additionally there is a development plan for a very small mixed use with office and 1400-1800 sqft loft which would be directly behind the building in a 30x35 foot area. The mixed use project isn't approved and will not be contingent upon this. Zoning is limited to 30' in height.
    Exterior Features

    Construction Brick Landscape Front None Landscape Rear Graded Parking Paved Parking

    Interior Features

    Main Cooling Ac Central Main Heating Forced Air - Gas Water Heater Electric

    Property Features

    Accessibility Option EntryNone Analysis Gross Rent Multi 27.40 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Business Location Commercial StripFree Standing Bldg Country Usa Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Contract Services 0.00 Expenses Gas Electric 0.00 Expenses Insurance 1100.00 Expenses Maintenance Supplies 500.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 5699.00 Expenses Water Sewer 0.00 Fema Flood Zone No Fenced Storage No Fire Protection Included in Taxes Freeway Highway 1.1 - 2 Miles Gas Natural Income Adjusted Gross 87600.00 Income Gross Scheduled Rent 68400.00 Income Net Opp Income 87600.00 Income Other Income 19200.00 Income Vacancy Loss 0.00 Lot Dimensions 188X30 Lot Features Subdivided Lots Lot Sqft 5640.00 Municipal Flood Zone No Municipality Zoning Tucson - C1 Property Disclosures Unknown Property Sub Type Retail Restrictions Deed Security Alarm Installed Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2019 Taxes 5699.00 Terms CashOwner Carry Traffic Count 35001 To 50000 Water City

    Listing provided courtesy of Skyline Realty & Investments,. Listing information © 2020 MLS of Southern Arizona.


    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-04-04T18:06:16.137.
    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 The Local Real Estate Group | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
    The Local Real Estate Group | Realty Executives
    6760 N Oracle Road Suite 130
    Tucson AZ, 85704
    Courtesy of Skyline Realty & Investments,.