61 E Congress Street, Tucson, AZ 85701

$1,600,000
Property Type: Commercial Square Footage: 5,749 Lot Size (sq. ft.): 550 Status: Closed
Current Price: $1,600,000 List Date: 1/04/2022 Last Modified: 12/16/2024

Overview

Description

Nightclub

Listing Details MLS# 22200209

Address Information

Street #
61
Direction
E
Street Name
Congress
Suffix
Street
State/Province
AZ
Zip Code
85701
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
117-12-0220
Area
Central
Tax Year
2021
Taxes
8729.23
Assessments
0
Taxes For
Building & Land
Legal Description
TUCSON E22.68' LOT 15 BLK 195
Municipality/Zoning
Tucson - OCR2
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Property Sub-Type
Other
Construction Status
Existing
# Units
Yes
Multi-Tenant
No
Year Built
1932
Lot Dimensions
irregular
Lot Acres
0.07
Lot Sqft
2909
Lot Size Source
Assessor
Combined SqFt
5749
Source of SqFt
Assessor
List Price/SqFt
278.31
Lot Size Price/SqFt
550.02
Total Parking
0

Property Features

Property Features: Conference Room; Smoke Detector Construction: Burnt Adobe Main Cooling: Central Air Main Heating: Heat Pump Water Heater: Electric Gas: Natural Sewer: Connected Water: Public Security: Alarm Installed; Closed Circuit Camera(s); Security Lights; Shutters Fence: None Landscape - Front: None Landscape - Rear: None Road Type: Paved Parking: Public Parking Lot Features: North/South Exposure Business Location: Commercial Strip Traffic Count: Over 200,000 Terms: Cash; Submit Possession: Immediate Submit With Offer: Loan Pre-Qualifiaction Property Disclosures: Equipment List; Lead Based Paint Special Conditions: None Restrictions: Deed

Contract Information

Method of Title
Fee (Simple)
Short Sale
No

Status Change Info

Off Market Date
2022-01-04
Pending Date
2021-12-06
Sold Date
2021-08-16
Sold Price/SqFt
278.31
Lot Sz Sold Prc/SqFt
550.02
Financing
Conventional

More Information

Showing Information

Directions
West on Congress right to property

Income

Gross Scheduled Rent
12000

Analysis

Cap Rate %
6
Vacancy Rate %
5

Property Features

A.D.A. Compliant
No
Phase 1 Report
Yes
Conference Room
Yes
Smoke Detector
Yes

Space Information

Ceiling Height
16ft

Electric

Electric Company
TEP

Sold Info

Selling Comments
0.0
Seller Concessions
0
Seller Paid Repairs
0

Gas

Natural
Yes

Construction

Burnt Adobe
Yes

Expenses

Admin Expenses
0
Contract Services
0
Gas/Electric
0
Maintenance Supplies
0
Resident Manager
0
Water/Sewer
0

Sewer

Connected
Yes

Water

Public
Yes

Fence

None
Yes

Road Type

Paved
Yes

Lot Features

North/South Exposure
Yes

Main Cooling

Central Air
Yes

Main Heating

Heat Pump
Yes

Water Heater

Electric
Yes

Terms

Cash
Yes
Submit
Yes

Submit With Offer

Loan Pre-Qualifiaction
Yes

Security

Alarm Installed
Yes
Closed Circuit Camera(s)
Yes
Security Lights
Yes
Shutters
Yes

Landscape - Front

None
Yes

Landscape - Rear

None
Yes

Parking

Public Parking
Yes

Business Location

Commercial Strip
Yes

Freeway/Highway

1.1 - 2 Miles
Yes

Traffic Count

Over 200,000
Yes

Possession

Immediate
Yes

Restrictions

Deed
Yes

Property Disclosures

Equipment List
Yes
Lead Based Paint
Yes

Special Conditions

None
Yes
IDX
Listing Office: Non-Member Office
Last Updated: December - 16 - 2024
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.

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