847 N Stone Avenue, Tucson, AZ 85705 (MLS# 22305549)

847 N Stone Avenue, Tucson, AZ 85705

$1,700,000

Property Type: Commercial Square Footage: 10,878 Lot Size (sq. ft.): 102 Status: Closed

Current Price: $1,700,000 List Date: 3/12/2023 Last Modified: 12/21/2024

Overview

Description

Bring your culinary masterpiece or other multi-tenant opportunity to Tucson's best kept secret that is now available for sale or lease, seller-carry, or potential buildout! Built in 1940, this sturdy 10,878 s/f Historic Charmer was home to the Beaudry Studebaker Dealership and at 82 years old it remains one of the most beautiful buildings in Tucson with its red double-brick walls and stunning arched 15'-30' bow-string truss ceiling. They don't make them like this anymore! Walkable to the University of Arizona, Pima Community College, and Downtown Tucson, and less than a mile from I-10 and Stone/Speedway Intersection which averages over 35,000 cars per day, this is an optimal location for a Culinary Marketplace/Food Hall similar to Denver Center Market, the worldwide Time Out Market,

Listing Details MLS# 22305549

Address Information

Street #: 847
Direction: N
Street Name: Stone
Suffix: Avenue
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 117-03-1120
Area: Central
Tax Year: 2021
Taxes: 14032.42
Assessments: 0
Taxes For: Building & Land
Legal Description: From Parcel:001010010 /Tucson Lot 1 & N32' Lot 4 Blk 30
Development Name: C O T Resub
Municipality/Zoning: Tucson - C3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No

General Property Information

Property Sub-Type: Retail
Construction Status: Existing
# Units: Yes
Total Parking: 20
Multi-Tenant: Yes
Year Built: 1940
Lot Dimensions: 98x191x98x191
Lot Acres: 0.42
Lot Sqft: 18121
Lot Size Source: Assessor
Combined SqFt: 10878
Source of SqFt: Assessor
Leasable SqFt: 18121
List Price/SqFt: 170.07
Lot Size Price/SqFt: 102.09

Property Features

Property Features: Skylight; Storage; Warehouse Construction: Brick Roof: Built-Up - Reflect Space Information: Drive-In Door(s); Truck Warehouse Storage: Dry Fenced Storage: Yes Main Cooling: Evaporative Cooling; Zoned Main Heating: None Gas: Natural Sewer: Connected Water: Public Accessibility Option: Wide Doorways Security: None Green Features: Infill Site Fence: Chain Link; Wrought Iron Landscape - Front: Decorative Gravel; Desert Plantings; Low Care Landscape - Rear: None Road Type: Paved Parking: Free; Parking Lights; Paved Parking; Public Parking Lot Features: Adjacent to Alley; Corner Lot; East/West Exposure Business Location: Commercial Strip; Corner Lot; Free Standing Bldg; Redevelopment Area Traffic Count: 35,001 to 50,000 Terms: Cash; Conventional; For Rent; Owner Carry Possession: Immediate Submit With Offer: Digital Signature Accepted; Lender Pre-Approval; Proof of Funds Property Disclosures: Lead Based Paint; Seller Prop Disclosure; WQARF

Contract Information

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

Status Change Info

Off Market Date: 2023-03-11
Pending Date: 2023-06-12
Sold Date: 2023-06-13
Sold Price/SqFt: 156.28
Lot Sz Sold Prc/SqFt: 93.81
Financing: Cash Owner Carryback

More Information

Showing Information

Directions: W on Speedway Blvd to Stone Ave, S on Stone Ave to Property on Right.

Unit Information

Retail: Retail Pad

Space Information

Ceiling Height: 20+ft
Door Height: 14 ft
Door Width: 12ft
Drive-In Door(s): Yes
Truck: Yes

Warehouse Storage

Warehouse SqFt: 10878
Dry: Yes

Water Heater

None: Non-Working

Electric

Electric Company: TEP
3 Phase Power: No

Parking

Other: 20+
Free: Yes
Parking Lights: Yes
Paved Parking: Yes
Public Parking: Yes

Sold Info

Seller Concessions: 50000

Gas

Natural: Yes

Construction

Brick: Yes

Sewer

Connected: Yes

Roof

Built-Up - Reflect: Yes

Water

Public: Yes

Property Features

Skylight: Yes
Storage: Yes
Warehouse: Yes

Fence

Chain Link: Yes
Wrought Iron: Yes

Road Type

Paved: Yes

Fenced Storage

Yes: Yes

Lot Features

Adjacent to Alley: Yes
Corner Lot: Yes
East/West Exposure: Yes

Main Cooling

Evaporative Cooling: Yes
Zoned: Yes

Main Heating

None: Yes

Terms

Cash: Yes
Conventional: Yes
For Rent: Yes
Owner Carry: Yes

Submit With Offer

Digital Signature Accepted: Yes
Lender Pre-Approval: Yes
Proof of Funds: Yes

Accessibility Option

Wide Doorways: Yes

Security

None: Yes

Green Features

Infill Site: Yes

Landscape - Front

Decorative Gravel: Yes
Desert Plantings: Yes
Low Care: Yes

Landscape - Rear

None: Yes

Business Location

Commercial Strip: Yes
Corner Lot: Yes
Free Standing Bldg: Yes
Redevelopment Area: Yes

Freeway/Highway

Up to 1 Mile: Yes

Traffic Count

35,001 to 50,000: Yes

Possession

Immediate: Yes

Property Disclosures

Lead Based Paint: Yes
Seller Prop Disclosure: Yes
WQARF: Yes

Listing Office: RE/MAX Results

Last Updated: December - 21 - 2024

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