378 N Main Avenue, Tucson, AZ 85701
$1,300,000
Property Type:
Commercial
Square Footage:
9,702
Lot Size (sq. ft.):
22,950
Status:
Closed
Current Price:
$1,300,000
List Date:
10/09/2013
Last Modified:
12/07/2024
Description
This is the historic OWL'S CLUB BUILDING which is listed on the Register of Historic Places, a great office building in historic downtown Tucson, just a couple doors north of the Steinfeld Mansion and close to City, County and State offices, courts etc. The building was remodeled in 2002 and also includes a large parking lot (30 cars) in the rear which extends to Granada Avenue. (116-19-048B)
More Information MLS# 21327304
Address Information
Street #: 378
Direction: N
Street Name: Main
Suffix: Avenue
State/Province: AZ
Zip Code: 85701
County: Pima
Country: USA
Location Tax Legal
Tax Code: 116-19-0500
Area: Central
Contract Information
Current Price: $1,300,000
Sold Price: $1,300,000
Listing Date: 2013-10-08
Status: Closed
Status Change Info
Off Market Date: 2013-11-21
Pending Date: 2013-12-31
Sold Date: 2014-01-10
Sold Price: $1,300,000
Sold Price/SqFt: 133.99
Lot Sz Sold Prc/SqFt: 56.64
Financing: Cash
General Property Information
Property Sub-Type: Professional/Office
# Units: 4
Year Built: 1901
Lot Dimensions: 75x170 + 60x170
Lot Acres: 0.53
Lot Sqft: 22950
Lot Size Source: Assessor
Combined SqFt: 9702
Source of SqFt: Assessor
List Price/SqFt: 154.61
Lot Size Price/SqFt: 65.36
Remarks Misc
Geo Lat: 32.226131
Geo Lon: -110.976749
Showing Information
Directions: From I-10, West on Congress, North on Granada, East on Franklin, North on Main to address. OR North on Granada to 370 N Granada which is the Owl's Club parking lot.
Income
Gross Scheduled Rent: 144180
Vacancy Loss: 12780
Adjusted Gross: 131400
Total Expenses: 68836
Net Opp Income: 62564
Analysis
Cap Rate %: 4.81
Gross Rent Multi: 9.89
Vacancy Rate %: 8.86
Exp/SqFt: 7.1
Exp % of Gross: 52.39
Expenses
Contract Services: 8412
Figures Presented: Actual
Gas/Electric: 15000
Insurance: 8388
Maintenance Supplies: 1200
Taxes/Assessments: 32332
Water/Sewer: 3504
Property Features
Main Cooling: Central Air
Main Heating: Heat Pump
Sewer: Connected
Water: Public
Terms: Cash; Conventional
Property Disclosures: Lead Based Paint
Listing Office: The Negotiators Realty
Last Updated: December - 07 - 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.