3550 N 1st Avenue, Tucson, AZ 85719
$3,500,000
Property Type:
Commercial
Square Footage:
22,088
Lot Size (sq. ft.):
58
Status:
Active
Current Price:
$3,500,000
List Date:
10/31/2025
Last Modified:
10/31/2025
Description
Premier investment property with a solid 7% cap rate, strong long-term tenants, and exceptional visibility on a high-traffic corner. Zoned P-I (Park Industrial), it offers maximum flexibility for light industrial, office, showroom, or service uses—ideal for an owner-user to occupy part and lease the rest. The P-I zoning enhances long-term value with broad allowable uses and redevelopment potential. Excellent exposure, stable income, and a strategic central Tucson location make this a rare, high-performing asset.
More Information MLS# 22526623
Address Information
Country: USA
Street #: 3550
Direction: N
Street Name: 1st
Suffix: Avenue
State/Province: AZ
Zip Code: 85719
County: Pima
Location, Tax & Legal
Tax Year: 2024
Taxes: 27582
Taxes For: Building & Land
Legal Description: PRINCE LOT 3 & 4 EXC S20' & LOT 2 EXC N4' &
SPNDRL
Municipality/Zoning: Tucson - PI
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 113-04-157A
Area: Central
Contract Information
Method of Title: Fee (Simple)
Short Sale: No
Current Price: $3,500,000
List Price: $3,500,000
Listing Date: 2025-10-13
Status: Active
Showing Information
Directions: On Prince S of 1st
General Property Information
Property Sub-Type: Retail
Construction Status: Existing
Lot Dimensions: 183' x 323' x 187' x318'
Lot Acres: 1.37
Lot Sqft: 59732
Multi-Tenant: Yes
Lot Size Source: Assessor
Source of SqFt: Assessor
List Price/SqFt: 158.46
Lot Size Price/SqFt: 58.6
Year Built: 1984
Combined SqFt: 22088
Electric
Electric Company: TEP
Gas
None: 1
Construction
Masonry Stucco: 1
Sewer
Connected: 1
Roof
Built-Up - Reflect: 1
Water
Water Company: Tucson Water
Property Features
Fire Sprinklers: 1
Smoke Detector: 1
Warehouse: 1
# Grade Doors: 5
Fence
Block: 1
Wrought Iron: 1
Space Information
Ceiling Height: 12ft
Road Type
Paved: 1
Lot Features
Adjacent to Alley: 1
East/West Exposure: 1
Main Cooling
Central Air: 1
Main Heating
Forced Air: 1
Terms
Cash: 1
Conventional: 1
For Rent: 1
Owner Carry: 1
Seller Concessions: 1
Submit With Offer
Lender Pre-Approval: 1
Proof of Funds: 1
Seller Title Company: Pioneer Title
Window Features
Double Pane Windows: 1
Security
Alarm Installed: 1
Landscape - Front
Decorative Gravel: 1
Shrubs: 1
Sprinkler/Drip: 1
Trees: 1
Landscape - Rear
None: 1
Parking
Fenced Parking: 1
Parking Lights: 1
Paved Parking: 1
Private Parking: 1
Public Parking: 1
Business Location
Commercial Strip: 1
Office/Professional: 1
Freeway/Highway
1.1 - 2 Miles: 1
Traffic Count
15,001 to 35,000: 1
Remarks Misc
Geo Lat: 32.270974
Geo Lon: -110.960491
Analysis
Cap Rate %: 7
Property Features
Property Features: Fire Sprinklers; Smoke Detector; Warehouse
Construction: Masonry Stucco
Roof: Built-Up - Reflect
Main Cooling: Central Air
Main Heating: Forced Air
Gas: None
Sewer: Connected
Security: Alarm Installed
Window Features: Double Pane Windows
Fence: Block; Wrought Iron
Landscape - Front: Decorative Gravel; Shrubs; Sprinkler/Drip; Trees
Landscape - Rear: None
Road Type: Paved
Parking: Fenced Parking; Parking Lights; Paved Parking; Private Parking; Public Parking
Lot Features: Adjacent to Alley; East/West Exposure
Business Location: Commercial Strip; Office/Professional
Traffic Count: 15,001 to 35,000
Terms: Cash; Conventional; For Rent; Owner Carry; Seller Concessions
Submit With Offer: Lender Pre-Approval; Proof of Funds
Listing Office:
Long Realty
Last Updated: October - 31 - 2025
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