Fully Renovated Restaurant Kitchen
3452 E Milton Road Tucson, AZ 85706
For Sale
$635,000
Commercial Sale, Other - Tucson, AZ
Property Size1,860 SF
Lot Size0.22 Acres
Price / SF$341.40
Days on Market43
Property Features for 3452 E Milton Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 140-31-2940
- Lot size
- 0.22 Acres
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1973
- Roof type
- Rolled/Hot Mop
- Architectural style
- Other
Listing Agency:
Engel & Völkers Tucson
(520) 201-0000
Listed By:
Andres Cota
Added: Jun 12
Changed: Jul 15
Last Checked: Jul 24 at 3:06AM
MLS# 22517543
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Fully renovated commercial building totaling 1,860 SF, positioned for turnkey use with modern infrastructure and a commissary-style setup. Recent upgrades include electrical improvements, sewer line work, HVAC, and a large walk-in freezer. The property sits on a 9,750 SF lot with partial fencing, nine parking spaces, and basic equipment that will convey.
Located just off I-10, the site is supported by MU (Mixed Use) zoning, which allows a range of commercial, office, retail, service, or live/work uses, offering flexibility for an owner-user or investor.
Title work has begun with Dina De La Ossa at First American Title.
Located just off I-10, the site is supported by MU (Mixed Use) zoning, which allows a range of commercial, office, retail, service, or live/work uses, offering flexibility for an owner-user or investor.
Title work has begun with Dina De La Ossa at First American Title.
Key Highlights
- Fully renovated 1,860 SF commercial building, turnkey and ready for your business.
- MU (Mixed Use) zoning allows for various commercial, office, retail, service, or live/work options.
- Located just off I‑10 in a high‑demand corridor.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.2k | $16.80 |
| − Vacancy | −$2.3k | −$1.26 |
| EGI | $28.9k | $15.54 |
| − OpEx | −$7.2k | −$3.89 |
| NOI | $21.7k | $11.66 |
1,860 SF · lease $16.80/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$309.7K
$271.0K – $361.3K
NOI $21,678 @ 7.0% cap · market cap 3.41%
Second Best
Industrial
$179.9K
$157.4K – $209.8K
NOI $12,590 @ 7.0% cap · market cap 1.98%
Theoretical Best
Office A
$384.6K
$336.5K – $448.7K
NOI $26,922 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Malta Joe's Baked ...
Bakery
FAQs
What type of property is this?
Commercial kitchen - Turnkey 1,860 SF building with commercial kitchen upgrades, walk-in freezer, and nine parking spaces on MU zoning.
Where is this commercial kitchen located?
The property is located at 3452 E Milton Road Tucson, AZ.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Fully renovated 1,860 SF commercial building, turnkey and ready for your business.; MU (Mixed Use) zoning allows for various commercial, office, retail, service, or live/work options.; Located just off I‑10 in a high‑demand corridor.
