2960 1st Ave Tucson, AZ 85719-2509
- Turn key restaurants
- 2,911 SF
- 0.35 lot acres
Mar 19, 2025
Current Use by Public Records
- El Berraco / Seafood Restaurant / Bar
Property Details for 2960 1st Ave
- Year built
- 1973
- Construction
- FRAME
- Lot size
- 0.35 lot acres
- Property size
- 2,911 SF
- Property type
- Turn key restaurants
- APN
- 113-08-021B
- APU
- 11308021B
Description
This thriving Tucson restaurant and bar, located at 2960 N 1st Ave, presents a fantastic turnkey opportunity. The 2,911 square foot space, situated on a 0.35-acre lot (APN 113-08-021B), boasts recent interior and exterior upgrades, minimizing the need for significant capital investment. The single-story, Class C building (built in 1973) is zoned C2, offering flexibility for various uses. The property features ample paved parking, a significant advantage for patrons. Its prominent storefront location on 1st Ave ensures high visibility and convenient access. The sale includes most furniture, fixtures, and equipment (FFE), making it truly ready to operate. This established business benefits from its central Tucson location, close to the University of Arizona, residential areas, and corporate businesses. While the current business name is not included in the sale, the possibility of transferring it is open for discussion. This is an exceptional chance to acquire a well-positioned, fully equipped restaurant and bar in a high-traffic area. The asking price is $795,000, translating to $273.10 per square foot.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.961
- Latitude
- 32.2606
- CBSA code
- 46060
- CBSA name
- TUCSON, AZ METROPOLITAN STATISTICAL AREA
