2649 N Oracle Road, Tucson, AZ 85705
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2649 N Oracle Road, Tucson, AZ 85705
2649 N Oracle Road, Tucson, AZ 85705
2649 N Oracle Road, Tucson, AZ 85705
2649 N Oracle Road, Tucson, AZ 85705

$720,000

Est. payment /mo

$800,000

10.0%
Est.Price: ?

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2649 N Oracle Road Tucson, AZ 85705

7,867 SqFt

SOLD DATE : 08/17/2021

Key Details

Sold Price $720,000

Property Type Commercial

Sub Type Hotel & Motel

Listing Status Sold

Purchase Type For Sale

Square Footage 7,867 sqft

Price per Sqft $91

MLS Listing ID 22029184

Sold Date 08/17/21

Year Built 1947

Annual Tax Amount $5,266

Tax Year 2019

Lot Size 0.920 Acres

Acres 0.92

Property Sub-Type Hotel & Motel

Property Description

20 unit iconic motel! City of Tucson C-2 zoning with prime re-position/ re-development opportunity. This property has 20 well-maintained units plus an office with the potential of building more units on a .92 acre lot. Located on a major bus line route and high traffic corridor to downtown. Conveniently located minutes away from restaurants, grocery stores and the University of Arizona. This Motel has a new Roof that was put in March of 2018. All units have an attached carport. The motel business is not offered for sale. Shown by appointment only. Do not disturb owner or tenants.

Location

State AZ

County Pima

Area Central

Zoning Tucson - C2

Exterior

Garage Spaces 20.0

Roof Type Built-Up - Reflect

Road Frontage Paved

Building

Lot Description Corner Lot, Subdivided

Sewer Connected

Water City

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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MLS OF ARIZONA (MLSAZ) / Tucson Association of REALTORS®(TAR MLS)
Listed by Engel & Volkers Tucson
Bought with RE/MAX Excalibur Realty

NEARBY SCHOOLS & BUSINESSES

Curt Stinson

Curt Stinson

Licensed Partner | License ID: BR104646000

+1(520) 954-5800

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