3550 N 1st Avenue, Tucson, AZ 85719

$3,500,000
Property Type: Commercial Square Footage: 22,088 Lot Size (sq. ft.): 58 Status: Active
Current Price: $3,500,000 List Date: 10/31/2025 Last Modified: 4/03/2026

Overview

Description

Premier investment property with a solid 7% cap rate, strong long-term tenants, and exceptional visibility on a high-traffic corner. Zoned P-I (Park Industrial), it offers maximum flexibility for light industrial, office, showroom, or service uses—ideal for an owner-user to occupy part and lease the rest. The P-I zoning enhances long-term value with broad allowable uses and redevelopment potential. Excellent exposure, stable income, and a strategic central Tucson location make this a rare, high-performing asset.

Listing Details MLS# 22526623

Address Information

Street #
3550
Direction
N
Street Name
1st
Suffix
Avenue
State/Province
AZ
Zip Code
85719
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
113-04-157A
Area
Central
Tax Year
2024
Taxes
27582
Taxes For
Building & Land
Legal Description
PRINCE LOT 3 & 4 EXC S20' & LOT 2 EXC N4' & SPNDRL
Municipality/Zoning
Tucson - PI
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Property Sub-Type
Retail
Construction Status
Existing
Multi-Tenant
Yes
Year Built
1984
Lot Dimensions
183' x 323' x 187' x318'
Lot Acres
1.37
Lot Sqft
59732
Lot Size Source
Assessor
Combined SqFt
22088
Source of SqFt
Assessor
List Price/SqFt
158.46
Lot Size Price/SqFt
58.6

Property Features

Property Features: Fire Sprinklers; Smoke Detector; Warehouse Construction: Masonry Stucco Roof: Built-Up - Reflect Main Cooling: Central Air Main Heating: Forced Air Gas: None Sewer: Connected Security: Alarm Installed Window Features: Double Pane Windows Fence: Block; Wrought Iron Landscape - Front: Decorative Gravel; Shrubs; Sprinkler/Drip; Trees Landscape - Rear: None Road Type: Paved Parking: Fenced Parking; Parking Lights; Paved Parking; Private Parking; Public Parking Lot Features: Adjacent to Alley; East/West Exposure Business Location: Commercial Strip; Office/Professional Traffic Count: 15,001 to 35,000 Terms: Cash; Conventional; For Rent; Owner Carry; Seller Concessions Submit With Offer: Lender Pre-Approval; Proof of Funds

Contract Information

Method of Title
Fee (Simple)
Short Sale
No

More Information

Showing Information

Directions
On Prince S of 1st

Analysis

Cap Rate %
7

Property Features

# Grade Doors
5
Fire Sprinklers
Yes
Smoke Detector
Yes
Warehouse
Yes

Space Information

Ceiling Height
12ft

Electric

Electric Company
TEP

Water

Water Company
Tucson Water

Submit With Offer

Seller Title Company
Pioneer Title
Lender Pre-Approval
Yes
Proof of Funds
Yes

Gas

None
Yes

Construction

Masonry Stucco
Yes

Sewer

Connected
Yes

Roof

Built-Up - Reflect
Yes

Fence

Block
Yes
Wrought Iron
Yes

Road Type

Paved
Yes

Lot Features

Adjacent to Alley
Yes
East/West Exposure
Yes

Main Cooling

Central Air
Yes

Main Heating

Forced Air
Yes

Terms

Cash
Yes
Conventional
Yes
For Rent
Yes
Owner Carry
Yes
Seller Concessions
Yes

Window Features

Double Pane Windows
Yes

Security

Alarm Installed
Yes

Landscape - Front

Decorative Gravel
Yes
Shrubs
Yes
Sprinkler/Drip
Yes
Trees
Yes

Landscape - Rear

None
Yes

Parking

Fenced Parking
Yes
Parking Lights
Yes
Paved Parking
Yes
Private Parking
Yes
Public Parking
Yes

Business Location

Commercial Strip
Yes
Office/Professional
Yes

Freeway/Highway

1.1 - 2 Miles
Yes

Traffic Count

15,001 to 35,000
Yes
Listing Office: Long Realty
IDX
Last Updated: April - 03 - 2026
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