300 6Th StTucson, AZ 85705

Property Details for 300 6Th St

Year built

1944

Construction

FRAME

Lot size

0.10 AC

Property size (Sq ft)

3,515 SF

Property type

Retail space

APN

117-05-0360

APU

117050360

Description

This exceptional 3,515 square foot commercial property, located at 300 E. 6th Street, Tucson, AZ, offers a unique opportunity for multiple tenants. Situated in Pima County, with APN 117-05-0360, this single-story building boasts a flexible City of Tucson C-3 zoning, allowing for diverse uses. The property is conveniently located near the vibrant 4th Avenue shopping district, the downtown entertainment area, and the University of Arizona, ensuring high visibility and foot traffic. Its strategic position is further enhanced by its adjacency to the Union on 6th housing project (254 units) and The District on 6th student housing (764 beds), providing a substantial potential customer base. The entire 3,515 square feet is currently vacant and available for lease, offering flexibility for businesses seeking either a single large space or the potential to divide it. The property's classification as both Executive and Creative Office space, along with its Retail designation, makes it suitable for a wide range of commercial ventures. This prime location and versatile zoning make this an exceptional investment opportunity. Interested parties should inquire about lease terms and conditions.

• CAP approach

  CAP return

  Valuation

  6%

  $894,540

  6.5%

  $825,730

  7%

  $766,749

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,473,938

  Geo Method

  $1,473,938

• Alternative Use

  Use

  Valuation

  Residential

  $696,534

  Hospitality

  $638,021

  Educational

  $530,826

  Medical

  $549,082

  Retail

  $825,730

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2275

Longitude

-110.967

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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