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Glenn Verde
3422 E. Glenn Street, Tucson, AZ 85716
Last Verified 10/26/2009
Listing ID 16444714
1 Lot Available
Lot 1
$735,000
1.65 AC
Residential (land)
3%
- 24 platted and partly constructed condouminum units
Highlights
Infill Redevelopment opportunity- Partially built Condo / Apartment development
- Approved Construction plans in place
- 24 units on approx 1.65 Acres
- Condo Mapped with CC&Rs in place
Description
3422-3440 East Glenn Street is a failed infill condominium redevelopment project available for sale. Lying on 1.65 Acres of R-2 zoned land in North Central Tucson the property offers an investor the opportunity to complete this attractive development either as a rental property or as for sale condominium units. Previous developers plans include over 28,000 SF total build out which was to be accomplished by adding a 2nd story to the existing block construction single story structure originally built in 1962. A purchaser can continue with the current plans, which will need to be updated to conform to current zoning codes, or modify the plans to meet ones own vision. It is believed that in 2 of the 6 buildings the 2nd story improvements can be salvaged and used for final construction.
3422-3440 E. Glenn Street, Tucson AZ
Map of 3422 E. Glenn Street, Tucson, AZ 85716 (Pima County)
Created 10/23/2009
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.