811 6Th AveTucson, AZ 85701

Property Details for 811 6Th Ave

Year built

1918

Construction

FRAME

Lot size

0.35 AC

Property size (Sq ft)

4,170 SF

Property type

Retail space

APN

117-08-0800

APU

117080800

Description

This exceptional 3,296 square foot, single-tenant office building presents a unique opportunity in Tucson's vibrant downtown area. Built in 1919, this historic one-story structure boasts a blend of character and modern functionality, having undergone renovations and additions over the years. Its strategic location just off the renowned "Five Points" neighborhood ensures easy access to the city center, benefiting from high daily vehicle traffic exceeding 15,000 cars. The property is conveniently situated on the Sun Tran bus line, enhancing its accessibility. The building features highly desirable C-3 zoning, providing flexibility for a variety of commercial uses. Ample parking and storage are provided within a fully paved and fenced area. A prominent monument sign at the entrance offers excellent visibility. The building is equipped with a zoned HVAC system for climate control. While a covered garage area is not included in the current offering, its potential inclusion can be explored. This property offers a rare combination of historical charm, modern amenities, and a prime location, making it an ideal investment for discerning businesses seeking a distinctive presence in Tucson's thriving downtown core.

• CAP approach

  CAP return

  Valuation

  6%

  $1,061,233

  6.5%

  $979,600

  7%

  $909,628

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,748,598

  Geo Method

  $1,748,598

• Alternative Use

  Use

  Valuation

  Residential

  $826,329

  Hospitality

  $756,913

  Educational

  $629,743

  Medical

  $651,400

  Retail

  $979,600

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2116

Longitude

-110.968

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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