378 N Main Avenue, Tucson, AZ 85701
$1,300,000
Property Type:
Commercial
Square Footage:
9,702
Lot Size (sq. ft.):
65
Status:
Closed
Current Price:
$1,300,000
List Date:
10/09/2013
Last Modified:
12/07/2024
Overview
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)
Listing Details 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
- Tax Year
- 2012
- Taxes
- 28761.06
- Assessments
- 0
- Legal Description
- Lots 3 & 4 of Goldschmidts Addition and a ptn of the N 15' of Lot 5
- Municipality/Zoning
- Tucson - O2
- Fire Protection
- Included in Taxes
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
Property Features
Main Cooling:
Central Air
Main Heating:
Heat Pump
Sewer:
Connected
Water:
Public
Terms:
Cash; Conventional
Property Disclosures:
Lead Based Paint
Status Change Info
- Off Market Date
- 2013-11-21
- Pending Date
- 2013-12-31
- Sold Date
- 2014-01-10
- Sold Price/SqFt
- 133.99
- Lot Sz Sold Prc/SqFt
- 56.64
- Financing
- Cash
More Information
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
- Other Income
- 0
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
- Admin Expenses
- 0
- Captial Expenses
- 0
- Management
- 0
- Resident Manager
- 0
- Other Expenses
- 0
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Central Air
- Yes
Main Heating
- Heat Pump
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Property Disclosures
- Lead Based Paint
- Yes
Listing Office:
The Negotiators Realty
Last Updated: December - 07 - 2024
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