61 E Congress Street, Tucson, AZ 85701

$1,600,000
Property Type: Commercial Square Footage: 5,749 Lot Size (sq. ft.): 2,909 Status: Closed
Current Price: $1,600,000 List Date: 1/04/2022 Last Modified: 12/16/2024

Overview

Description

Nightclub

Listing Details MLS# 22200209

Address Information

Street #
61
Direction
E
Street Name
Congress
Suffix
Street
State/Province
AZ
Zip Code
85701
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
117-12-0220
Area
Central

General Property Information

Property Sub-Type
Other
Construction Status
Existing
# Units
Yes
Multi-Tenant
No
Year Built
1932
Lot Dimensions
irregular
Lot Acres
0.07
Lot Sqft
2909
Lot Size Source
Assessor
Combined SqFt
5749
Source of SqFt
Assessor
List Price/SqFt
278.31
Lot Size Price/SqFt
550.02

Property Features

Property Features: Conference Room; Smoke Detector Construction: Burnt Adobe Main Cooling: Central Air Main Heating: Heat Pump Water Heater: Electric Gas: Natural Sewer: Connected Water: Public Security: Alarm Installed; Closed Circuit Camera(s); Security Lights; Shutters Fence: None Landscape - Front: None Landscape - Rear: None Road Type: Paved Parking: Public Parking Lot Features: North/South Exposure Business Location: Commercial Strip Traffic Count: Over 200,000 Terms: Cash; Submit Possession: Immediate Submit With Offer: Loan Pre-Qualifiaction Property Disclosures: Equipment List; Lead Based Paint Special Conditions: None Restrictions: Deed

Contract Information

Method of Title
Fee (Simple)
Short Sale
No

Status Change Info

Off Market Date
2022-01-04
Pending Date
2021-12-06
Sold Date
2021-08-16
Sold Price/SqFt
278.31
Lot Sz Sold Prc/SqFt
550.02
Financing
Conventional

More Information

Showing Information

Directions
West on Congress right to property

Income

Gross Scheduled Rent
12000

Analysis

Cap Rate %
6
Vacancy Rate %
5

Property Features

A.D.A. Compliant
No
Phase 1 Report
Yes

Space Information

Ceiling Height
16ft

Electric

Electric Company
TEP

Sold Info

Selling Comments
0.0
IDX
Listing Office: Non-Member Office
Last Updated: December - 16 - 2024
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