Valencia Market, 330 W 29th Street, South Tucson, AZ
TUCSON, ARIZONA (May 14, 2025) – The property at 330 W 29th Street in South Tucson, home to the longtime neighborhood grocery and liquor store Valencia Market, has been sold for $380,000. The transaction closed on April 16, 2025, with Zangana Properties, LLC (Alan Zangana, Member), a Tucson-based investment group and current tenant, acquiring the property from Dafran, LLC of Phoenix (Chang Woo Lee, Member).
Valencia Market is a well-established retail fixture in the South Tucson community, known for offering a wide range of grocery items, convenience goods, and a diverse selection of beer, wine, and spirits. Its central location in a mixed-use area, surrounded by residential neighborhoods and local businesses, makes it a popular stop for nearby residents and passersby.
The acquisition marks a notable owner-occupant investment, strengthening the business’s long-term presence there. The property continues to be operated by Valencia Market LLC, whose agent Perwin Mourad was listed in a liquor license transfer approved by the South Tucson City Council in April 2022, signaling a prior change in management.
Valencia Market’s continued success and investment in the property underscore its role as a vital contributor to the local economy and a trusted source for everyday essentials in the heart of South Tucson.
Reference: RED Comp #11859