610 Park Ave Tucson, AZ 85719-6735

This exceptional 21,094-square-foot mixed-use property, located at 610 S Park Ave, Tucson, AZ 85719, presents a compelling investment opportunity. Originally constructed in 1954 and undergoing ongoing renovations, this repurposed warehouse boasts a unique blend of creative office spaces, manufacturing facilities, and an event center. Currently housing 22 tenants with 100% occupancy, the property generates a substantial income stream. The building features 30-foot ceilings, two dock-high doors, and 14 parking spaces. Situated on a 29,717-square-foot lot, it is zoned I-1 by the City of Tucson. The asking price is $3,400,000, with a pro-forma cap rate of 6.73% and a pro-forma NOI of $228,798. All furniture, fixtures, and equipment are included in the sale. The property benefits from its location in Tucson's thriving downtown arts district, close to restaurants, offices, and hotels. Rent bumps are in place, offering potential for future income growth. This one-of-a-kind property offers a diverse income stream, a proven track record, and significant upside potential. The current configuration includes a high-end furniture manufacturing operation, co-working executive office suites, and a versatile event center. Seller financing and potential 1031 exchanges may be considered. This is a rare opportunity to acquire a fully operational, income-producing property with significant long-term growth potential.