546 N. Stone Ave. - photo courtesy of Google earth

 Google earth

Avenue Commons LLC bought 52,100 square feet of land along with improvements at 58 E. Fifth St. and 546 N. Stone Ave. from 5th-7th Center for $1.7 million. The buyer plans to redevelop the site for affordable workforce housing. Randy Emerson, of GRE Partners LLC, represented the buyer.

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Contact reporter Gabriela Rico at grico@tucson.com or 573-4232.