2475 E Water Street, Tucson, AZ 85716 (MLS# 22321964)

2475 E Water Street, Tucson, AZ 85716

$1,449,000

Property Type: Commercial Square Footage: 6,900 Lot Size (sq. ft.): 38 Status: Closed

Current Price: $1,449,000 List Date: 10/09/2023 Last Modified: 3/18/2025

Overview

Description

GREAT OPPORTUNITY FOR OWNER USE/INVESTOR. Please note: Seller will consider owner financing. SEE COMMERCIAL PROFILE SHEET! Totally gut-renovated in 2014. Reno:all walls, ceilings, roof, windows, doors, flooring, plumbing, Elect, Security, Mech HVAC, Kitchens and Bathrooms. Contemporary design & architectural elements using high quality construction. In 2018 Building repainted, interior/exterior, roof recoated, parking lot resurfaced. Main bldg approx 5800sf w/2 baths & kitchen eating area for employees. Add'l 1100sf attached space w/private office, bath & large conference room (usable for storage). Designated and secure computer room with 2 mini-splits AC and back-up generator, 40 on-site parking spaces, 2 EV charging stations,Secure reception area with keypad entrance. ...continued..

Listing Details MLS# 22321964

Address Information

Street #: 2475
Direction: E
Street Name: Water
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 112-06-4260
Area: Central
Tax Year: 2021
Taxes: 17648.44
Assessments: 0
Taxes For: Building & Land
Legal Description: N140' S 830.26' W285' E330' E2 SE4 SW4 LESS 10' FOR ALLEY 1.05 AC SEC 32-13-14
Municipality/Zoning: Tucson - C2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No

General Property Information

Property Sub-Type: Professional/Office
Construction Status: Existing
Total Parking: 40
Multi-Tenant: No
Year Built: 1959
Lot Dimensions: irregular
Lot Acres: 0.88
Lot Sqft: 38500
Lot Size Source: Assessor
Combined SqFt: 6900
Source of SqFt: Assessor
Leasable SqFt: 6900
List Price/SqFt: 217.25
Lot Size Price/SqFt: 38.94

Property Features

Property Features: Conference Room; Drop Ceiling; Fire Sprinklers; Skylight; Smoke Detector; Storage Construction: Stucco Finish Roof: Built-Up - Reflect Main Cooling: Zoned Main Heating: Electric; Zoned Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: Entry; Level; Ramped Main Level; Wide Doorways; Wide Hallways Security: Alarm Installed; Closed Circuit Camera(s); Security Lights Fence: Chain Link Landscape - Front: Decorative Gravel; Shrubs; Sprinkler/Drip; Trees Landscape - Rear: Decorative Gravel; Shrubs; Sprinkler/Drip; Trees Road Type: Paved Parking: Paved Parking; Private Parking Lot Features: Adjacent to Alley; Corner Lot Business Location: Office/Professional Traffic Count: Unknown Terms: Cash; Owner Carry Possession: 30 Day Tenant Property Disclosures: Easements Special Conditions: None

Contract Information

Method of Title: Fee (Simple)
Short Sale: No

Status Change Info

Off Market Date: 2024-09-20
Pending Date: 2024-09-12
Sold Date: 2025-03-05
Sold Price/SqFt: 210
Lot Sz Sold Prc/SqFt: 37.64
Financing: Cash

More Information

Showing Information

Directions: E Grant Road to N on Tucson Blvd to W on Water Street to 2475

Income

Gross Scheduled Rent: 8491

Unit Information

Office: Office Building

Electric

Electric Company: TEP

Sold Info

Down Payment: 100000
Seller Concessions: 50000

Gas

Natural: Yes

Construction

Stucco Finish: Yes

Sewer

Connected: Yes

Roof

Built-Up - Reflect: Yes

Water

Public: Yes

Property Features

Conference Room: Yes
Drop Ceiling: Yes
Fire Sprinklers: Yes
Skylight: Yes
Smoke Detector: Yes
Storage: Yes

Fence

Chain Link: Yes

Road Type

Paved: Yes

Lot Features

Adjacent to Alley: Yes
Corner Lot: Yes

Main Cooling

Zoned: Yes

Main Heating

Electric: Yes
Zoned: Yes

Water Heater

Natural Gas: Yes

Terms

Cash: Yes
Owner Carry: Yes

Accessibility Option

Entry: Yes
Level: Yes
Ramped Main Level: Yes
Wide Doorways: Yes
Wide Hallways: Yes

Security

Alarm Installed: Yes
Closed Circuit Camera(s): Yes
Security Lights: Yes

Landscape - Front

Decorative Gravel: Yes
Shrubs: Yes
Sprinkler/Drip: Yes
Trees: Yes

Landscape - Rear

Decorative Gravel: Yes
Shrubs: Yes
Sprinkler/Drip: Yes
Trees: Yes

Parking

Paved Parking: Yes
Private Parking: Yes

Business Location

Office/Professional: Yes

Freeway/Highway

2.1 - 5 Mile: Yes

Traffic Count

Unknown: Yes

Possession

30 Day Tenant: Yes

Property Disclosures

Easements: Yes

Special Conditions

None: Yes

Listing Office: Bowles Realty and Investments LLC

Last Updated: March - 18 - 2025

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