REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by HomeCoin.com
$ 999,000
Est. payment /mo
Active
760 E American AVE Oracle, AZ 85623
8,820 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 8,820 sqft
Price per Sqft $113
Subdivision Oracle Townsite
MLS Listing ID 22526563
Style Other
HOA Y/N No
Year Built 1956
Tax Year 2024
Lot Size 13 Sqft
Acres 2.03
Lot Dimensions Oblong
Property Sub-Type Triplex
Source MLS of Southern Arizona
Property Description
Here's your chance to seamlessly blend living and working in one remarkable property. Imagine owning a spacious 5,600 sq ft commercial building, expertly divided into four primed rental spaces, plus two charming houses to call home. With abundant parking and a breathtaking location at the base of Mt. Lemmon—right in the heart of the Arizona adventure corridor—this opportunity is truly one-of-a-kind. Don't let this chance slip away! Embrace your future here today! When you combine the estimated values of these three main structures. Don't miss out on this exceptional opportunity to own a piece of history in beautiful Oracle, AZ! This expansive 2-acre property is perfect for savvy investors or business owners who want to blend work and living space seamlessly. At the heart of the property, you'll find a remarkable 5,600 sq ft commercial building located at 760 E American Ave. This versatile space is divided into four rentable areas and comes with over 25 parking spots, ensuring convenience for both tenants and customers alike. The thoughtfully designed layout creates a spacious and inviting atmosphere on the lot. In addition to the commercial space, the property boasts two charming homes situated above and away from the main building, offering privacy and comfort: **760 E American Ave** 5600 sq ft commercial building values at over $450K. **780 E American Ave**: A cozy 1,500 +/- sq ft, 2-bed, 1-bath home valued at over $300K. **790 E American Ave**: A spacious 1,500 +/- sq ft, 2-bed, 2-bath home, also valued at over $300K. You'll also benefit from three storage buildings, a 1/4-acre flat lot with existing utilities, and a stunning tiered rock garden areaan ideal spot for relaxation or events. When you combine the estimated values of these three main structures, you're looking at over $1.5 million in potential value. Yet, I am offering the entire property for only $999,999an incredible deal! With the possibility of creating 12 rentable spaces. Seize this unique chance to invest in a thriving area filled with potential! Commercial Building Discover an incredible opportunity to lease a spacious 5,600 sq ft commercial building in the vibrant community of Oracle, AZ. This versatile property is thoughtfully divided into four distinct rental spaces, all zoned under C3, offering numerous possibilities for your business ventures. **Space #1:** A charming 135 sq ft unit featuring a shared, locking bathroomperfect for entrepreneurs in tattoo artistry, massage therapy, hairdressing, accounting, or any small business looking to make an impact. At just $550 per month plus water and electricity, this space is a fantastic entry point for your business. **Space #2:** This spacious 1,616 sq ft area boasts two bathrooms, making it an excellent choice for fitness, education, or wellness enterprises. **Space #3:** This expansive 2,920 sq ft space comes with a locking shared bathroom, offering ample room to accommodate your growing business needs. The competitive base rent of $2,000 plus utilities ensures you're investing wisely in your future success. **Space #4:** Is 710 sq ft unit featuring a shared locking bathroom, available for just $700 per month plus water and electricity. This inviting space is ideal for startups or established businesses looking to expand. All four spaces are on a Triple Net Lease (NNN), providing clarity and predictability while allowing you to focus on growth. Please note that base rent is subject to annual increases. We require all tenants to provide references, proof of business, and business liability insurance to ensure a thriving community of professionals. Don't miss out on this exceptional chance to elevate your business in Oraclesecure your space today! FEATURES C3 Zoned Commercial Retail and Flex Use Space Available for Lease! This prime property features **four rentable spaces** and **over 30 parking spots** right on American Ave and Mt Lemmon Hwy which is the bustling main street of Oracle! The location offers exceptional visibility for your business. The expansive **5,600 sq ft** building was recently renovated in 2020, showcasing modern bathrooms and a stylish personal trainer gym. Take advantage of this opportunity to lease space for one to four tenants, with **four distinct areas** and **three bathrooms** ready to accommodate your needs. Don't miss out on this ideal location for your venture! House 1 Are you ready to beat the heat and settle down in the charming community of Oracle? This is your chance! This charming, two-bedroom, one-bathroom home that's truly special! If you're considering starting a workshop or business, you're in luckthere are options at the commercial spaces right on the property. This expansive two-acre estate features not only two lovely homes but also a convenient commercial building. Step inside to discover a perfect blend of old-world charm and modern elegance. The primary bedroom is a showstopper with its vaulted ceilings, cozy fireplace, two spacious closets, and wood floors. Recently remodeled, the laundry room, kitchen, primary bedroom, and sunroom offer a fresh, inviting atmosphere. The kitchen is a culinary dream, featuring a five-burner KitchenAid gas cooktop, a built-in wine refrigerator, 2 ovens, and a state-of-the-art KitchenAid dishwasher. Both the interior and exterior of the home have been beautifully refreshed with new paint. Nestled in the historic Oracle, AZ. Please note that the refrigerator depicted in the photos will be replaced with a similar model. The estimated square footage is between 1,500 and 1,650 square feet. Don't miss out on this unique opportunity! The owner is a licensed real estate agent in Oregon and an inactive agent in Arizonaready to help you make this house your home! House 2 Enjoy the stunning views of expansive skies and Mt. Lemmon from this vintage gem located in the heart of Oracle, Arizona! This home is approximately 1,500 sq. ft. and features 2 bedrooms and 2 bathrooms, making it ideal for multi-generational living, a home office, or other uses. The levels are fully separated, ensuring maximum privacy. The lower unit is a 1-bedroom studio with a full bathroom, currently utilized as a private office. The main upper level includes 1 bedroom and 1 bathroom, featuring a spacious living room, dining room, and a highly functional small kitchen. The large master bedroom boasts an oversized walk-in closet and there is also a laundry room; a washer and dryer are included. The kitchen is equipped with a reverse osmosis drinking water system, and the home offers generous living spaces. Enjoy two new spacious decks for relaxing in the sun. Additionally, there is a detached building approximately 140 sq. ft. in size, which can serve as an office or studio and comes with electricity. There is also a unique opportunity to lease one of the commercial spaces if you have a business or need additional workspace. While this ad primarily focuses on the rental of the house, please note that the property is situated on a large 2-acre parcel shared with another house and a commercial business.
Location
State AZ
County Pinal
Community Oracle Townsite
Area Pinal
Zoning Pinal County - CR3
Direction From Tucson / Oro Valley take Oracle Road, which becomes Highway 77. Pass Saddlebrooke Ranch & Biosphere 2, then turn right into Oracle. Continue on American Avenue for about 3 miles until you spot your destination on the left, near Mount Lemmon Highway—a must-visit for thrill-seekers! Discover the stunning back side of Mount Lemmon and experience Arizona's adventure corridor!
Rooms
Guest Accommodations No
Kitchen Refrigerator
Interior
Heating Heating Electric
Flooring Stone, Wood
Laundry None
Exterior
Exterior Feature Courtyard
Fence None
Pool None
Community Features Historic, Street Lights, Walking Trail
View Y/N Yes
Water Access Desc City Water
View Residential, Sunrise, Mountain(s), Panoramic, Rural
Roof Type Membrane
Porch None
Building
Lot Description Borders Common Area, East/West Exposure, Hillside Lot, Decorative Gravel, Shrubs
Sewer Septic Tank
Architectural Style Other
Schools
Elementary Schools Oracle Ridge
Middle Schools Gardner
High Schools Canyon Del Oro
School District Oracle
Others
Tax ID 308-03-0520
Horse Property No
Special Listing Condition None
