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Build, Subdivide, or Develop Multifamily in HOT Location Amazing Price

$580,000 • 0.43 Acres +/-

Tucson, AZ • Pima County

914 W Cushing St. Tucson, AZ 85745

Listing ID:24551

Posted May 30, 2024

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Amazing subdivide or development opportunity in The Mercado District just West of Downtown Tucson.
Zoned PAD 10, it is approved for a 16-unit multifamily apartment building, or you could subdivide into 8 vacant lots or even build 8 beautiful casitas.
Most homes here are worth $750K-$1M+, and since March 2024 vacant lots have sold for $125K-$144K depending on the size.

The Mercado District is like a picturesque scene from a movie with a modern twist and respect for its historical past. Located near downtown Tucson, it has shops, boutiques, food and drink, and even has a quaint streetcar that runs through town that is free to enjoy.

This is the last commercial lot available in The Mercado District and is an amazing opportunity to build a signature upscale multifamily building or 1-bedroom homes which are in demand right now.
HUGE discount! It was recently listed for over $1M, but we slashed the price down to $580,000 and we will even finance it for you if needed!

Act fast- if you don’t jump on this someone else will.
Message Me NOW to learn more and start planning your next successful project!
Text/Call 602-726-0082

ID# 67223
• Size: 0.43 acres
• Approx Address: 914 W Cushing St. Tucson, AZ 85745
• Location: 32.21719, -110.98671
• Subdivision/ Area: Mercado District of Menlo Park Lot 100
• Property Type: Vacant Land
• Discounted Cash Price $580,000
• Seller Financing Available
• Zoned: Planned Area Development (PAD 10) approved! It is zoned for a 16-unit apartment building or 8 little homes/casitas.
• Annual Taxes: $ 5,450.52
• Lot Desc: Cleared
• Topography: Flat
• Sewer nearby, need to connect.
• City Water available to connect.
• Tucson Electric Power available
• Restrictions: Homes must be masonry. Planned Area Development (PAD 10) available.
• Road Access: 2 Paved roads, corner lot.
• Lot Dimensions: 195.47 feet North / 85.3 feet East / 199.23 feet South / 75.46 feet West

Message Me Your Offer NOW Kasey - 602 726 0082 ID# 67223

It all starts with a dream and a deed and it's our mission to help you get there!
Seller makes no claims or guarantees regarding the property, its use, and its condition. Buyer responsible for own due diligence regarding property, its use codes, obtaining permits, connecting utilities, and any other future plans buyer can conceive of. A cash sale document fee of $160 applies, buyer pays closing costs. The equitable interest in title to this property which is offered for sale is an interested under contract. Owner finance sale setup fee of $500 applies.

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