124 E. Broadway
Tucson, AZ, United States
THE OFFERING

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PROPERTY HIGHLIGHTS    
  • City of Tucson Prime Downtown Property
  • Mid-Block between 5th Avenue and 6th Avenue
  • Excellent opportunity for adaptive Re-Use
  • Site Area: ±11,163 square feet
  • Improvements: ± 20,550 square feet comprising a vacant, two story masonry building with full basement built originally as a meeting hall for the Veterans of Foreign Wars circa 1948.  There is an adjacent surface parking lot to the West.
  • Price: The City seeks $2,000,000 (Two Million Dollars). All offers submitted shall be cash only and made on the forms to be found in the Offering Documents section of this website. Terms are not available.
WEBSITE LAST UPDATED 3/1/18


 



 
PROPERTY DETAILS

 
PROPERTY DETAILS  

 
  • Location:  Downtown Tucson, on the South side of Broadway, mid-block, between S 6th Avenue and S 5th Avenue. The East elevation of the building fronts S Arizona Avenue, a public alleyway. The new AC Marriott is opposite and the headquarters of Tucson Electric Power (TEP) is one block West. A proposed ±250,000 SF multi-use development is planned for the parking lot at Broadway Blvd. & 6th Avenue. 
  • Transit: The Tucson Streetcar – Sunlink Stop 9E – Broadway at 6th Avenue - is just west of the Property
  • Topography: the property is essentially flat and level.
  • Zoning: OCR-2, City of Tucson. Buyer will also have the option to take advantage of the Infill Incentive District zoning.
  • Conservation and Preservation: The City of Tucson will require the Buyer to preserve the Broadway elevation. Historic tax credits may be available for preservation of additional internal elements. 
     
 
AERIAL



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