Turnkey Restaurant Building with
3452 E Milton Road Tucson, AZ 85706
For Sale
$635,000
Fully renovated restaurant building with HVAC upgrades, electrical and sewer work, and a large walk-in freezer.
Property Size2,116 SF
Lot Size0.22 Acres
Price / SF$300.09
Days on Market411
Property Features for 3452 E Milton Road
General Information
- Standard status
- Active
- Size
- 2,116 SF
- Lot size
- 0.22 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1973
Listing Agency:
Engel & Volkers Tucson
(520) 369-1527
Listed By:
Andres Cota
(520) 369-1527
Source:
Xome
Added: Jun 9, 2025
Changed: Jul 22
Last Checked: Jul 23 at 3:39AM
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 Engel & Volkers Tucson
Investment Insights
Based on property information with market context.
Fully renovated commercial restaurant building offering modern infrastructure and turnkey usability. Recent upgrades include electrical improvements, sewer line work, HVAC updates, and the addition of a large walk-in freezer. The setup includes a commissary setup and basic equipment that will convey.
The property is positioned just off I-10 and sits on a 9,750 SF lot with partial fencing and nine parking spaces.
Zoned MU (Mixed Use), the site supports a wide range of commercial, office, retail, service, or live/work uses, providing flexibility for an owner-user or investor.
The property is positioned just off I-10 and sits on a 9,750 SF lot with partial fencing and nine parking spaces.
Zoned MU (Mixed Use), the site supports a wide range of commercial, office, retail, service, or live/work uses, providing flexibility for an owner-user or investor.
Key Highlights
- Fully renovated 1,860 SF commercial building with Central Air and heat pump heating
- Recent upgrades include electrical, sewer line work, and HVAC improvements
- Large walk‑in freezer plus huge walkin freezer; basic equipment will convey
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 | $35.5k | $16.80 |
| − Vacancy | −$2.7k | −$1.26 |
| EGI | $32.9k | $15.54 |
| − OpEx | −$8.2k | −$3.89 |
| NOI | $24.7k | $11.66 |
2,116 SF · lease $16.80/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$352.3K
$308.3K – $411.0K
NOI $24,662 @ 7.0% cap · market cap 3.88%
Second Best
Industrial
$204.6K
$179.0K – $238.7K
NOI $14,323 @ 7.0% cap · market cap 2.26%
Theoretical Best
Office A
$437.5K
$382.9K – $510.5K
NOI $30,628 @ 7.0% cap · market cap 4.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Malta Joe's Baked ...
Bakery
FAQs
What type of property is this?
Commercial kitchen - Fully renovated restaurant building with HVAC upgrades, electrical and sewer work, and a large walk-in freezer.
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 with Central Air and heat pump heating; Recent upgrades include electrical, sewer line work, and HVAC improvements; Large walk‑in freezer plus huge walkin freezer; basic equipment will convey
