0 S confidental Avenue, Tucson, AZ 85713

$1,700,000
Property Type: Commercial Square Footage: 3,949 Lot Size (sq. ft.): 106 Status: Closed
Current Price: $1,700,000 List Date: 11/15/2023 Last Modified: 12/23/2024

Overview

Description

Unlock the opportunity to own a piece of Tucson's rich culinary history. This iconic Mexican food establishment has been delighting locals and visitors alike for decades. This well-established gem, nestled in the heart of Tucson, is now available for sale, presenting a rare chance to step into a thriving business with a stellar reputation. This is not just a dining establishment; it's a Tucson institution. With a decades-long legacy, this historic restaurant has become synonymous with exceptional Mexican cuisine and warm hospitality. The name resonates with authenticity and a commitment to quality that has stood the test of time. Situated in a bustling area of Tucson, this restaurant enjoys a strategic location that has contributed to its enduring success. The restaurant occupies approx

Supplements: 4,000 square feet of prime real estate, providing a spacious and inviting atmosphere for patrons to savor the flavors of Mexico. Property and Assets: The sale includes three parcels: the restaurant itself, fully equipped with state-of-the-art kitchen facilities and a charming ambiance. All fixtures and furniture are part of the package, ensuring a ...

Listing Details MLS# 22324795

Address Information

Direction
S
Street Name
confidental
Suffix
Avenue
State/Province
AZ
Zip Code
85713
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
000000000
Area
Central
Tax Year
2023
Taxes
2214.03
Assessments
0
Taxes For
Building & Land
Legal Description
123 the Old Pueblo
Municipality/Zoning
South Tucson - SB1
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Property Sub-Type
Mixed
Construction Status
Existing
Total Parking
44
Multi-Tenant
No
Year Built
1957
Lot Dimensions
54x96x52x96
Lot Acres
0.5
Lot Sqft
18302
Lot Size Source
Assessor
Combined SqFt
3949
Source of SqFt
Assessor
List Price/SqFt
493.8
Lot Size Price/SqFt
106.55

Property Features

Property Features: Furnished; Storage; Wet Bar Construction: Concrete Block Roof: Built-Up Warehouse Storage: Cold Fenced Storage: No Main Cooling: Zoned Main Heating: Forced Air; Gas Pac Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: Closed Circuit Camera(s) Fence: None Landscape - Front: Low Care Landscape - Rear: Low Care Road Type: Chip/Seal; Gravel; Paved Lot Features: North/South Exposure Business Location: Commercial Strip Terms: Cash; Conventional; Owner Carry; Submit Possession: See Remarks Submit With Offer: Earnest Check; Lender Pre-Approval; Loan Pre-Qualifiaction; Loan Status; Proof of Funds Property Disclosures: Inventory List; Lead Based Paint; Military Airport Vct; Public Airport Vcty Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Short Sale
No

Status Change Info

Off Market Date
2024-02-10
Pending Date
2024-03-06
Sold Date
2024-03-06
Sold Price/SqFt
430.49
Lot Sz Sold Prc/SqFt
92.89
Financing
Cash Owner Carryback

More Information

Showing Information

Directions
Confidential

Income

Net Opp Income
556000

Unit Information

Retail
Restaurant
Other
Restaurant

Property Features

A.D.A. Compliant
Yes
Furnished
Yes
Storage
Yes
Wet Bar
Yes

Space Information

Ceiling Height
8ft
Door Height
8 ft
Door Width
3ft

Electric

Electric Company
TEP

Parking

# Covered Parking
44

Sold Info

Seller Concessions
4500

Gas

Natural
Yes

Construction

Concrete Block
Yes

Sewer

Connected
Yes

Roof

Built-Up
Yes

Water

Public
Yes

Fence

None
Yes

Road Type

Chip/Seal
Yes
Gravel
Yes
Paved
Yes

Warehouse Storage

Cold
Yes

Fenced Storage

No
Yes

Lot Features

North/South Exposure
Yes

Main Cooling

Zoned
Yes

Main Heating

Forced Air
Yes
Gas Pac
Yes

Water Heater

Natural Gas
Yes

Terms

Cash
Yes
Conventional
Yes
Owner Carry
Yes
Submit
Yes

Submit With Offer

Earnest Check
Yes
Lender Pre-Approval
Yes
Loan Pre-Qualifiaction
Yes
Loan Status
Yes
Proof of Funds
Yes

Accessibility Option

None
Yes

Security

Closed Circuit Camera(s)
Yes

Landscape - Front

Low Care
Yes

Landscape - Rear

Low Care
Yes

Business Location

Commercial Strip
Yes

Possession

See Remarks
Yes

Property Disclosures

Inventory List
Yes
Lead Based Paint
Yes
Military Airport Vct
Yes
Public Airport Vcty
Yes

Special Conditions

None
Yes
Listing Office: OMNI Homes International
IDX
Last Updated: December - 23 - 2024
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 listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.