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Arizona First Properties and Bowles Realty Negotiate $1.5 Million Sale in Tucson

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  • Arizona First Properties and Bowles Realty Negotiate $1.5 Million Sale in Tucson
1st Quarter Sales
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March 11, 2025
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Karen Schutte
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TUCSON, AZ (March 11, 2025) -- Arizona First Properties, LLC, Tom DeSollar, EMS, Broker and Bowles Realty & Investments, LLC, Charlie Bowles MIRM, Broker are pleased to announce the sale of 2475 E Water Street in Tucson.

The sale price was $1,449,000 ($210 PSF), with new Conventional Financing used.  This transaction closed on March 6, 2025.

This office building was 6,900 square feet on a 38,500 square foot lot at the Northwest Corner of Tucson Blvd. and Water Street across the street from the Tucson Association of Realtors offices.

The building, constructed in 1959, was totally gut renovated in 2014 and was in excellent condition. The buyer was Tucson GOVT Properties, LLC, an Ohio-based organization, with John M. Hoty as the manager. The property is to be leased to GSA for VA use. The Seller was 2475 Water Street, LLC, with Wendy Swager as the manager.

DeSollar and Bowles represented the seller, and the buyer was self-represented.

DeSollar may be reached at 520-400-2732; Email:  [email protected]

Bowles may be reached at 520-404-8989; Email: [email protected]   

To learn more, subscribers can see RED Comp #11779.

PHOTO by Ben Otto: 2475 E Water Street in Tucson, AZ

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