TUCSON, AZ (August 8, 2024) -- A historic strip center with six storefronts on the corner of Stone and Jacinto at 2600 N Stone Avenue, developed and owned by the same family since 1948, sold for $520,000 ($72.40 PSF).
The 7,182-square-foot solid brick construction sits on an approximate .69-acre lot, which has the potential for expansion or splitting off the valuable C-2 zoning.
At the time of the sale, the strip center was occupied by four tenants on month-to-month leases. Tenants included a Barber Shop, a Recording Studio, a Church, and an NA Meeting place.
The buyer owns Fabrics That Go at 3105 N Campbell Ave. and purchased the property to owner-occupy.
James Buchanan with EXP Realty represented the buyer, 1535 East University LLC of Tucson. Esther Empens and Jade Bossert with Tierra Antigua Realty represented the seller RC and C Limited Partnership of Tucson in this transaction.
For more information, Empens can be reached at 520.271.5585, Bossert is at 520.797.6900, and Buchanan should be contacted at 520.603.1002.
To learn more, see RED Comp #11348.