$1,749,000
Tucson, AZ 85701
MLS# 22603230
5039 sqft
1 / 50
Property Description
Owner/Agent. Seize the opportunity to own a prime corner lot Commercial property in Historic Residential Armory Park. Originally, Amado's Compound around 1840 -1940. Formerly Tucson's Youth Music Ctr. & The Fiddle Thrift Shop between 1970 - 2022. All new modern updates incorporated throughout in keeping with highly desired historic architectural & adobe charm meet the needs of today's modern live/work functionality, offering 8 creative spaces each with a private bathroom & kitchenette option. Addl features include 2 indoor laundry rooms, ample indoor storage space & a courtyard. Zoned HC-3 provides for variety use of office & permitted residential use. Live/work in a vibrant walkable community, easy access to downtown businesses/shops, eateries, social venues, 5-Pts & TUGO Bikeshare.
Details
Documents
Address Information
Street #: 443
Direction: S
Street Name: Stone
Suffix: Avenue
State/Province: AZ
Zip Code: 85701
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 117-14-2040
Area: Central
Contract Information
Current Price: $1,749,000
List Price: $1,749,000
Listing Date: 2026-02-03
Status: Active
Method of Title: Fee (Simple)
Short Sale: No
General Property Information
Property Sub-Type: Professional/Office
Construction Status: Existing
# Units: 8
Year Built: 1937
Lot Dimensions: Assessor
Lot Acres: 0.15
Lot Sqft: 6765
Lot Size Source: Assessor
Combined SqFt: 5039
Source of SqFt: Assessor
List Price/SqFt: 347.09
Lot Size Price/SqFt: 258.54
Showing Information
Directions: I-10, E. on Congress, S. on South Stone Av., property located on corner of Stone and 15th St.
Electric
Electric Company: TEP
Income
Gross Scheduled Rent: 147000
Vacancy Loss: 2940
Adjusted Gross: 144060
Net Opp Income: 113043.81
Analysis
Cap Rate %: 6.46
Gross Rent Multi: 12.14
Vacancy Rate %: 2
Exp % of Gross: 21.53
Expenses
Admin Expenses: 1000
Captial Expenses: 3900
Figures Presented: Proforma
Gas/Electric: 7700
Insurance: 437
Maintenance Supplies: 1000
Management: 7000
Water/Sewer: 3200
Sewer
Other: Note: Joint Sewer
Unit Information
Office: Office Building
Other: C3 allow residential
Water
Water Company: City of Tucson
Fence
Other: bldg to prop. line
Space Information
Ceiling Height: 12ft
Door Height: 8 ft
Door Width: 3ft
Submit With Offer
Seller Title Company: First Am/Pima Title
Landscape - Rear
Other: concrete slab
Remarks Misc
Geo Lat: 32.215743
Geo Lon: -110.969887
Property Features
Property Features: Interior Steps; Skylight; Smoke Detector; Storage
Construction: Mud Adobe
Roof: Built-Up; Rolled
Fenced Storage: No
Main Cooling: Ceiling Fan(s); Central Air; Heat Pump
Main Heating: Heat Pump; Other
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: Wide Hallways
Green Features: Adobe; Bath Exhaust Out; Dual-Flush Toilets
Fence: Slump Block
Landscape - Front: Decorative Gravel; Desert Plantings; Low Care; Shrubs
Landscape - Rear: Low Care; None
Road Type: Paved
Parking: Free; Parking Lights; Public Parking
Lot Features: Corner Lot; East/West Exposure; North/South Exposure; Subdivided
Business Location: Corner Lot; Free Standing Bldg; Redevelopment Area
Traffic Count: Up to 5,000
Terms: Cash; Conventional
Submit With Offer: Dual Agency Consent; Earnest Check; Lender Pre-Approval; Loan Pre-Qualifiaction; Loan Status; Proof of Funds
Property Disclosures: Easements; Lead Based Paint; Public Airport Vcty; Seller Prop Disclosure
Special Conditions: None
Lead Paint Discl 
Listing Office: Tierra Antigua Realty
Last Updated: September - 01 - 2026
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