29 Tubac Plaza - Retail FOR SALE


Tubac, AZ 85646
$799,000 USD
520-604-6853
29 Tubac Plaza, Tubac, AZ for Sale
$799,000 USD
Retail - FOR SALE
1/33
null | 7.5% Cap Rate

29 Tubac Plaza
Tubac, AZ 85646


OVERVIEW

Steps from the Tubac Center for the Arts, and located in the heart of the historic Tubac Plaza, this 3,700 + sq ft property boasts three retail suites at street level, and two beautifully remodeled apartments upstairs, both with panoramic mountain views. Retail suites can easily be combined, or left as separate units. Combined potential rental income of over $75,000 per year! Property includes separate, adjacent 2,000+ sq ft lot offering a variety of complementary uses. Tubac is a quaint artist community, with local hiking, bike trails, bird-watching, annual arts festivals, year-round golfing, and more. Property includes two lots: 112-16-034 and 112-16-035 Seller is an Internet Service Provider serving several Tubac properties. Seller will provide free Wi-Fi service to the entire building for the foreseeable future at no cost to Buyer. The value of Wi-Fi, if purchased from a commercial provider, would be approximately $500 per month. Seller to provide credit in Escrow for re-roofing and to replace one non-working air conditioner.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$212 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Tubac Galleria

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

HB1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael WhiteMagic Land RealtyMore Info
520-604-6853

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Michael WhiteMagic Land RealtyMore Info
520-604-6853

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.