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    620 E American Ave Oracle, AZ 85623

    For Sale
    $249,999

    Commercial Sale - Oracle, AZ

    Property size:
    3,060 SF
    Lot size:
    0.77 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 620 E American Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Oracle - CB2
    APN
    308-03-053D
    Exterior features
    Shrubs, East/West Exposure
    Size
    3,060 SF
    Lot size
    0.77 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating)
    Cooling system
    Evaporative Cooling

    Building Details

    Year built
    1990
    Building materials
    Block, Slump Block
    Roof type
    Shingle, Tile
    Architectural style
    Other

    Keller Williams Southern Arizona (520) 615-8400 [email protected]

    Listing agent Tanya Lynn Reddish (520) 615-8400

    Listing date Oct 27, 2025

    MLS# 22425172 Listing URL

    Copyright © 2025 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leased Commercial Building on Main Road

    This commercial building in Oracle, Arizona, offers an investment opportunity with all units currently leased. Unit A, at 1200 square feet, is leased to a local gym for $660 rent. Units B and C are each 600 square feet and are combined to house SSS Hardware store, generating $1000 rent under a 4-year lease. Unit D, with 300 square feet, has a 1-year lease and brings in $330 rent, while Unit E, also 300 square feet, has a 1-year lease with $330 rent. The property includes 20 parking spaces. Each unit has its own utilities, evaporative cooling, and baseboard heating. Some units have been freshly painted and updated. The property is located on a 0.77-acre lot. The zoning is Oracle - CB2. The legal description to convey does not reflect the legal description shown on the assessor's map; a portion of Ray Road from lots 10-19 are not part of the sale. Buyers are advised to verify acreage and zoning. The property size is 3060 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Outpaw's pet grooming Pet Groomer Oracle 24hr Fitness ... Fitness Center Connie's Barber Shop Barber Shop Frank C Martinez ... Insurance Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Hotel & Motel Gym & Fitness Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oracle
    County
    Pinal
    State
    Arizona
    Longitude
    -110.766965
    Latitude
    32.610824

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    FAQs

    What type of property is this?
    Strip mall - Fully leased commercial building in Oracle, Arizona with main road footage.
    Where is this strip mall located?
    The property is located at 620 E American Ave Oracle, AZ.
    What is the asking price?
    The asking price for this property is $249,999.
    What are key features of this property?
    This property features: - All units are currently leased, providing immediate rental income.; - Main road frontage offers **high visibility and accessibility**.; - Multiple units with varying sizes (1200 sqft, 600 sqft, 300 sqft) cater to diverse tenant needs.
    (520) 615-8400
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    Oracle, AZ 85623
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    620 E American Ave Oracle, AZ 85623
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