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$1,095,000
Est. payment /mo
2,736 SqFt
UPDATED:
12/10/2024 02:28 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,736 sqft
Price per Sqft $400
MLS Listing ID TB8324245
HOA Y/N No
Originating Board Stellar MLS
Year Built 1955
Annual Tax Amount $5,475
Lot Size 0.460 Acres
Acres 0.46
Property Description
PRICE REDUCTION! Looking for a stable triple net investment opportunity in a prime location in Pinellas County You’ve found it! A stand-alone 2736SF recently renovated retail and office/rental income property on a large 1/2 acre lot (mol, 100’ x 200’) which includes a large rear commercial yard currently used as RV/Boat Storage, which is in high demand. High visibility with a large street sign and ample parking with multiple revenue streams. Currently the storefront is occupied by an international Hawaiian Ice franchise with a secure 5 year term NNN lease with renewals. This tenant is in the final stages of a major build-out, adding value to the property. Tenants pays a prorated share of operating expenses. The yard stores over 10 boats at an average of $200/boat. Easy property to manage with high steady income. In addition there is a 2nd floor completely renovated and spacious 2 room, 1 full bathroom space with a fully renovated and fully equipped modern kitchen, LVP flooring, recessed lighting, new AC, new water heater and more. This busy business corridor is home to several national brands and other thriving businesses. Over 37000 vehicles per day pass by this property. You don’t find a lot of properties with so many options to produce income with a favorable cap rate return on asking price. Don’t miss out on this dynamic and profitable opportunity.
Location
State FL
County Pinellas
Zoning CG
Interior
Heating Central
Cooling Central Air
Exterior
Utilities Available Public
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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