443 S Stone Avenue, Tucson, AZ 85701

$1,749,000
Property Type: Commercial Square Footage: 5,039 Lot Size (sq. ft.): 6,765 Status: Active
Current Price: $1,749,000 List Date: 2/04/2026 Last Modified: 9/01/2026

Overview

Description

Owner/Agent. Seize the opportunity to own a prime corner lot Commercial property in Historic Residential Armory Park. Originally, Amado's Compound around 1840 -1940. Formerly Tucson's Youth Music Ctr. & The Fiddle Thrift Shop between 1970 - 2022. All new modern updates incorporated throughout in keeping with highly desired historic architectural & adobe charm meet the needs of today's modern live/work functionality, offering 8 creative spaces each with a private bathroom & kitchenette option. Addl features include 2 indoor laundry rooms, ample indoor storage space & a courtyard. Zoned HC-3 provides for variety use of office & permitted residential use. Live/work in a vibrant walkable community, easy access to downtown businesses/shops, eateries, social venues, 5-Pts & TUGO Bikeshare.

Listing Details MLS# 22603230

Address Information

Street #
443
Direction
S
Street Name
Stone
Suffix
Avenue
State/Province
AZ
Zip Code
85701
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
117-14-2040
Area
Central

General Property Information

Property Sub-Type
Professional/Office
Construction Status
Existing
# Units
8
Year Built
1937
Lot Dimensions
Assessor
Lot Acres
0.15
Lot Sqft
6765
Lot Size Source
Assessor
Combined SqFt
5039
Source of SqFt
Assessor
List Price/SqFt
347.09
Lot Size Price/SqFt
258.54

Property Features

Property Features: Interior Steps; Skylight; Smoke Detector; Storage Construction: Mud Adobe Roof: Built-Up; Rolled Fenced Storage: No Main Cooling: Ceiling Fan(s); Central Air; Heat Pump Main Heating: Heat Pump; Other Water Heater: Electric Gas: None Sewer: Connected Water: Public Accessibility Option: Wide Hallways Green Features: Adobe; Bath Exhaust Out; Dual-Flush Toilets Fence: Slump Block Landscape - Front: Decorative Gravel; Desert Plantings; Low Care; Shrubs Landscape - Rear: Low Care; None Road Type: Paved Parking: Free; Parking Lights; Public Parking Lot Features: Corner Lot; East/West Exposure; North/South Exposure; Subdivided Business Location: Corner Lot; Free Standing Bldg; Redevelopment Area Traffic Count: Up to 5,000 Terms: Cash; Conventional Submit With Offer: Dual Agency Consent; Earnest Check; Lender Pre-Approval; Loan Pre-Qualifiaction; Loan Status; Proof of Funds Property Disclosures: Easements; Lead Based Paint; Public Airport Vcty; Seller Prop Disclosure Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Short Sale
No

More Information

Showing Information

Directions
I-10, E. on Congress, S. on South Stone Av., property located on corner of Stone and 15th St.

Income

Gross Scheduled Rent
147000
Vacancy Loss
2940
Adjusted Gross
144060
Net Opp Income
113043.81

Analysis

Cap Rate %
6.46
Gross Rent Multi
12.14
Vacancy Rate %
2
Exp % of Gross
21.53

Expenses

Admin Expenses
1000
Captial Expenses
3900
Figures Presented
Proforma
Gas/Electric
7700
Insurance
437
Maintenance Supplies
1000
Management
7000
Water/Sewer
3200

Unit Information

Office
Office Building
Other
C3 allow residential

Space Information

Ceiling Height
12ft
Door Height
8 ft
Door Width
3ft

Electric

Electric Company
TEP

Sewer

Other
Note: Joint Sewer

Water

Water Company
City of Tucson

Fence

Other
bldg to prop. line

Landscape - Rear

Other
concrete slab

Submit With Offer

Seller Title Company
First Am/Pima Title
IDX
Listing Office: Tierra Antigua Realty
Last Updated: September - 01 - 2026
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