Property profile

1009 Grande Ave Tucson, AZ 85745

OFF-MARKET
Retail space
Property ID
US07-0161281
2,376 SF 0.44 ac lot Built 1991
Individually Owned 22-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This turnkey restaurant opportunity presents the chance to acquire the established Mariscos Chihuahua, a beloved Tucson dining destination since the 1970s. Located in Barrio Hollywood, near downtown, off Speedway and I-10, this iconic restaurant boasts a charming Old Pueblo atmosphere, complete with a stunning fountain entryway and an inviting outdoor patio. The 3,338 square foot property sits on a 0.71-acre lot and includes two buildings, each one story. The main restaurant offers ample seating, while a private Casita provides space for smaller gatherings. The lush outdoor patio, shaded by a 30x30 canopy, is surrounded by a variety of citrus and fruit trees, creating a serene dining experience. The fully equipped kitchen features a hood and a filtered water system. All furniture, fixtures, and equipment are included in the sale, along with two storage containers. A food truck is available separately. The property is zoned C1 and was built in 1952. This is a fee simple ownership opportunity priced at $2,500,000. The restaurant's commitment to fresh, high-quality, locally sourced ingredients ensures a delightful dining experience, making this a truly exceptional investment opportunity.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1991
Construction FRAME
Total area 2,376 SF
Lot 0.44 ac (18,975 SF)
APN 116-12-019A
UPID US07-0161281

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1009 Grande Ave Tucson, AZ 85745-2401
Tucson metro Census 1100 TUCSON, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2004
3 recorded transactions
2004
$87,000
2001
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1009 Grande Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message