0 S confidental Avenue, Tucson, AZ 85713 (MLS# 22324795)

0 S confidental Avenue, Tucson, AZ 85713

$1,700,000
Property Type: Commercial Square Footage: 3,949 Lot Size (sq. ft.): 106 Status: Closed
Current Price: $1,700,000 List Date: 11/15/2023 Last Modified: 12/23/2024

Description

Unlock the opportunity to own a piece of Tucson's rich culinary history. This iconic Mexican food establishment has been delighting locals and visitors alike for decades. This well-established gem, nestled in the heart of Tucson, is now available for sale, presenting a rare chance to step into a thriving business with a stellar reputation. This is not just a dining establishment; it's a Tucson institution. With a decades-long legacy, this historic restaurant has become synonymous with exceptional Mexican cuisine and warm hospitality. The name resonates with authenticity and a commitment to quality that has stood the test of time. Situated in a bustling area of Tucson, this restaurant enjoys a strategic location that has contributed to its enduring success. The restaurant occupies approx

Supplements: 4,000 square feet of prime real estate, providing a spacious and inviting atmosphere for patrons to savor the flavors of Mexico. Property and Assets: The sale includes three parcels: the restaurant itself, fully equipped with state-of-the-art kitchen facilities and a charming ambiance. All fixtures and furniture are part of the package, ensuring a seamless transition for the new owner. This turnkey opportunity is ideal for restaurateurs looking to step into a thriving business without the hassle of starting from scratch. This restaurant boasts an impressive annual revenue, with over 2.6 million in sales. This financial stability is a testament to the restaurant's strong customer base and consistent demand for its authentic Mexican cuisine. The potential for growth and expansion further adds to the appeal of this investment. Seize the opportunity to own a piece of Tucson's culinary heritage and continue the legacy. Whether you're an experienced restaurateur or a passionate entrepreneur, this offering is a rare chance to be part of a decades-old tradition and contribute to the vibrant food scene in Tucson, Arizona. Serious inquiries accompanied by proof of funds or verification of qualification are welcome for a detailed confidential discussion and a taste of what this amazing restaurant has to offer. Contact us to schedule a private viewing and explore the possibilities that come with owning this iconic restaurant.

More Information MLS# 22324795

Address Information

Country: USA Direction: S Street Name: confidental Suffix: Avenue State/Province: AZ Zip Code: 85713 County: Pima

Location, Tax & Legal

Tax Year: 2023 Taxes: 2214.03 Assessments: 0 Taxes For: Building & Land Legal Description: 123 the Old Pueblo Municipality/Zoning: South Tucson - SB1 Fire Protection: Included in Taxes FEMA Flood Zone: No Municipal Flood Zone: No Tax Code: 000000000 Area: Central

Contract Information

Method of Title: Fee (Simple) Short Sale: No Current Price: $1,700,000 Sold Price: $1,700,000 Listing Date: 2023-11-14 Status: Closed

Status Change Info

Off Market Date: 2024-02-10 Sold Price/SqFt: 430.49 Lot Sz Sold Prc/SqFt: 92.89 Financing: Cash Owner Carryback Pending Date: 2024-03-06 Sold Date: 2024-03-06 Sold Price: $1,700,000

Showing Information

Directions: Confidential

General Property Information

Property Sub-Type: Mixed Construction Status: Existing Lot Dimensions: 54x96x52x96 Lot Acres: 0.5 Total Parking: 44 Lot Sqft: 18302 Multi-Tenant: No Lot Size Source: Assessor Source of SqFt: Assessor List Price/SqFt: 493.8 Lot Size Price/SqFt: 106.55 Year Built: 1957 Combined SqFt: 3949

Electric

Electric Company: TEP

Gas

Natural: 1

Construction

Concrete Block: 1

Sewer

Connected: 1

Unit Information

Retail: Restaurant Other: Restaurant

Roof

Built-Up: 1

Water

Public: 1

Property Features

A.D.A. Compliant: Yes Furnished: 1 Storage: 1 Wet Bar: 1

Fence

None: 1

Space Information

Ceiling Height: 8ft Door Height: 8 ft Door Width: 3ft

Road Type

Chip/Seal: 1 Gravel: 1 Paved: 1

Warehouse Storage

Cold: 1

Fenced Storage

No: 1

Lot Features

North/South Exposure: 1

Main Cooling

Zoned: 1

Main Heating

Forced Air: 1 Gas Pac: 1

Water Heater

Natural Gas: 1

Terms

Cash: 1 Conventional: 1 Owner Carry: 1 Submit: 1

Submit With Offer

Earnest Check: 1 Lender Pre-Approval: 1 Loan Pre-Qualifiaction: 1 Loan Status: 1 Proof of Funds: 1

Accessibility Option

None: 1

Security

Closed Circuit Camera(s): 1

Sold Info

Seller Concessions: 4500

Landscape - Front

Low Care: 1

Landscape - Rear

Low Care: 1

Parking

# Covered Parking: 44

Business Location

Commercial Strip: 1

Possession

See Remarks: 1

Property Disclosures

Inventory List: 1 Lead Based Paint: 1 Military Airport Vct: 1 Public Airport Vcty: 1

Special Conditions

None: 1

Remarks Misc

Geo Lat: 32.220998 Geo Lon: -110.9272

Income

Net Opp Income: 556000

Property Features

Property Features: Furnished; Storage; Wet Bar Construction: Concrete Block Roof: Built-Up Warehouse Storage: Cold Fenced Storage: No Main Cooling: Zoned Main Heating: Forced Air; Gas Pac Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: Closed Circuit Camera(s) Fence: None Landscape - Front: Low Care Landscape - Rear: Low Care Road Type: Chip/Seal; Gravel; Paved Lot Features: North/South Exposure Business Location: Commercial Strip Terms: Cash; Conventional; Owner Carry; Submit Possession: See Remarks Submit With Offer: Earnest Check; Lender Pre-Approval; Loan Pre-Qualifiaction; Loan Status; Proof of Funds Property Disclosures: Inventory List; Lead Based Paint; Military Airport Vct; Public Airport Vcty Special Conditions: None
Listing Office: OMNI Homes International
Last Updated: December - 23 - 2024
0 S confidental Avenue, Tucson, AZ 85713- MLS# 22324795
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