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530-540 N 7th Ave
Tucson, AZ 85705
 Retail Property For Sale

Retail Spaces Arizona Tucson 530-540 N 7th Ave, Tucson, AZ 85705

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INVESTMENT HIGHLIGHTS

  • Infill site with development and rezoning potential for future developments.
  • C-3 Zoning allows for quasi industrial uses and redevelopment opportunities in the path of growth!
  • Near University of Arizona and Downtown Tucson
  • Great Downtown/Central Location near Freeway and Downtown Links to get east via Aviation Highway

EXECUTIVE SUMMARY

Pricing: $1,300,000
Assessor Parcel No.: 114-04-238A
Land Size: ±24,394 SF or ±0.56 Acres
Structures:
Warehouse (1948): ±4,000 SF (40’x100’)
Covered Workspace/Garage: ±4,800 SF (40’x120’)
Single Family Unit: 0 SF Assessed
Zoning: C-3
Zoning Overlay: Infill Incentive District (GIIS)-Downtown Links Subdistrict (DLS)-
Stone/Sixth Street Sub-Area (SSS), Sixth Street Sub-Area (SSS)

Opportunity Zone: Census Track 04019000400

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,800 SF
Building Class
C
Year Built
1945
Price
$1,814,696 CAD
Price Per SF
$206.22 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.72
Lot Size
0.28 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-3 - C-3 Zoning allows for quasi industrial uses and redevelopment opportunities in the path of growth! Infill Incentive District (GIIS)-Subdistrict (DLS)
Parking
10 Spaces (1.14 Spaces per 1,000 SF Leased)
Frontage
135’ on 7th Ave

PROPERTY TAXES

Parcel Number 117-04-238A Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $56,110 CAD

PROPERTY TAXES

Parcel Number
117-04-238A
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$56,110 CAD
 

  • Listing ID: 32098387

  • Date on Market: 2024-06-11

  • Last Updated:

  • Address: 530-540 N 7th Ave, Tucson, AZ 85705

The West University Retail Property at 530-540 N 7th Ave, Tucson, AZ 85705 is currently available. Contact CBRE, Inc. for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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