Turnkey Restaurant with
1801 N Stone Ave Tucson, AZ 85705
New
1801 N Stone Ave, Tucson, AZ, 85705
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For Sale
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Turnkey restaurant space with a full kitchen, bar, event room, and two covered patios, supported by ample on-site parking.
Property Size10,600 SF
Price / SF$226.42
Days on Market3
Property Features for 1801 N Stone Ave
General Information
- Standard status
- Active
- Size
- 10,600 SF
- Property subtype
- RETAIL
Listing Agency
Picor Commercial Real Estate Services
(520) 820-2770
Listed by
Aaron LaPrise · License #BR556758000
(520) 820-2770
Source
Moodyscre
Added: Jul 16 Checked: Jul 18 at 3:24 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Picor Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This turnkey restaurant space totals approximately 10,600 square feet and is built out for hospitality use, including a full commercial kitchen, bar, designated event room, dance floor, and stage. The property also features two covered patio spaces, providing additional guest space beyond the main interior areas.
The site is located on N Stone Ave in an established central Tucson corridor with high visibility. Ample on-site parking is available with 161 spaces. The property also has I-1 zoning, which may support a range of uses, and depending on use and parking calculations, creating additional Stone pad could be evaluated.
The site is located on N Stone Ave in an established central Tucson corridor with high visibility. Ample on-site parking is available with 161 spaces. The property also has I-1 zoning, which may support a range of uses, and depending on use and parking calculations, creating additional Stone pad could be evaluated.
Key Highlights
- ±10,600 SF turnkey restaurant space with a full commercial kitchen and bar
- Includes designated event room, dance floor, and stage
- Two covered patio spaces
Local 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 | $178.1k | $16.80 |
| − Vacancy | −$14.2k | −$1.34 |
| EGI | $163.8k | $15.46 |
| − OpEx | −$41.0k | −$3.86 |
| NOI | $122.9k | $11.59 |
10,600 SF · lease $16.80/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.76M
$1.54M – $2.05M
NOI $122,875 @ 7.0% cap · market cap 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.44M
$2.13M – $2.85M
NOI $170,743 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Haley HVAC Services
Big Box & Wholesale Store
Brother John's Beer ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant space with a full kitchen, bar, event room, and two covered patios, supported by ample on-site parking.
Where is this conventional restaurant located?
The property is located at 1801 N Stone Ave Tucson, AZ.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: ±10,600 SF turnkey restaurant space with a full commercial kitchen and bar; Includes designated event room, dance floor, and stage; Two covered patio spaces
