1208 Alvernon Way Tucson, AZ 85712-4537
Property summary
This exceptional 2,793-square-foot executive office space, located at 1208 N Alvernon Way in Tucson, Arizona, presents a unique investment opportunity. The property, situated on a 0.14-acre lot (APN 122-13-064A), boasts a desirable C-1 zoning designation within the City of Tucson. Recently renovated in 2023, the interior is ready for immediate occupancy. The building's versatile design allows for use as either retail or office space, catering to a wide range of potential tenants. Its strategic location near the busy intersection of Speedway Boulevard and Alvernon Way ensures high visibility and accessibility. While previously occupied by a pawn shop tenant for eight years (currently month-to-month), this property offers a blank canvas for a new business to thrive. The asking price is $355,000. This is a rare chance to acquire a well-located, recently updated commercial property in a thriving Tucson market. The property is currently vacant, providing immediate flexibility for the new owner. Don't miss this opportunity to own a piece of Tucson's vibrant commercial landscape. The property's zip code is 85712.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Discount Store (Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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