207 Speedway BlvdTucson, AZ 85705

Property Details for 207 Speedway Blvd

Year built

1927

Property size (Sq ft)

4,912 SF

Property type

Retail properties

Property subtype

Office properties

Description

This exceptional investment opportunity presents a mixed-use property in the heart of Tucson, Arizona. The property comprises two buildings totaling 4,912 square feet on a 16,124 square foot lot. The main building, a fully leased traditional office space with 1,821 square feet of net rentable area, boasts a Certificate of Occupancy issued October 9, 2013, following renovations completed in 2013. The original structure dates back to 1927. This building is complemented by two townhomes situated on the property. One townhome, approximately 1,385 square feet with two bedrooms and 1.5 bathrooms, is currently vacant. The second townhome, approximately 1,706 square feet featuring three bedrooms and 2.5 bathrooms, is under lease generating $2,150 per month, with the lease expiring July 31, 2025. Combined, the office and leased townhome generate a total monthly rental income of $5,350. The property includes nine parking spaces and is zoned O-1 by the City of Tucson. This property offers a compelling blend of income-producing assets and potential for future development or expansion, making it an attractive investment opportunity in a desirable Tucson location. The address is 207 W Speedway Blvd & 1041 N 10th Ave, Tucson, AZ 85705. The property's APN is 117-02-153B.

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2357

Longitude

-110.975

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