Commercial redevelopment opportunity

Office for Sale
Catylist Listing ID: 29634970
Property Subtypes: Medical, Mixed Use, Office Building, Other
Building Size (RSF): 968 SF
Gross Building Area: 1,112 SF
Gross Land Area: 10,367 SF
Sale Price: $125,000
Unit Price: $129.13 PSF
Property Use Type: Investment, Business
Class of Space: Class C
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/23/2017

Overview / Comments

Office building for sale/lease. The house has just been rewired, and total new flooring is being laid with beautiful tiles looking like wood floor. New kitchen counters, new vanity in bathroom, new fans/lamps throughout. Washer/dryer/refrigerator follow. All new paint inside and outside as well. This is a great corner to conduct business with all the new traffic coming from the newly opened Family Dollar store across the street. It is also a great commercial redevelopment opportunity. This lot is zoned light industrial, commercial. The building is grandfathered in residential so someone can also live there while having their business there. Has been leased $1000.00 per month + all utilities. till Dec. 31st 2017. The zoning allows mixed use as redevelopment..
6 parking spaces approved for existing building.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 092915259200000310
Zoning: COMMERCIAL
Market Type: Rural
Property Located Between: Engman and Bidwell, on N. Myrtle Ave which is thoroughfare.
Side of Street: West
Road Type: Paved, Other
Property Visibility: Excellent
Transportation: Bus
Highway Access: Just blocks north of Drew St and Gulf to Bay.
Airports: Tampa International
Site Description: Office building for sale/lease. The house has just been rewired, and total new flooring is being laid with beautiful tiles looking like wood floor. New kitchen counters, new vanity in bathroom, new fans/lamps throughout. Washer/dryer/refrigerator follow. All new paint inside and outside as well. This is a great corner to conduct business with all the new traffic coming from the newly opened Family Dollar store across the street. It is also a great commercial redevelopment opportunity.This lot is zoned light industrial, commercial. The building is grandfathered in residential so someone can also live there while having their business there. Is leased for $1000.00 per month + all utilities till end 2017. The zoning allows mixed use as redevelopment. . 6 parking spaces approved for existing building.
Area Description: C - upcoming light commercial on thoroughfare.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,112 SF
Year Built: 1909
Year Renovated: 2016
Roof Type: Gable
Construction/Siding: Block
Exterior Description: Building has all new windows, block/stucco/paint. Fully fenced in with 2 entrances.
Parking Ratio: 6 (per 1000 SF)
Parking Type: Surface, Other
Parking Description: Up to 6 parking spaces on the property
Total Parking Spaces: 6
Heat Type: Electricity, Hot Water
Heat Source: Central, Heat Pump
Interior Description: Office building for sale/lease. The house has just been rewired, and total new flooring is being laid with beautiful tiles looking like wood floor. New kitchen counters, new vanity in bathroom, new fans/lamps throughout. Washer/dryer/refrigerator follow. All new paint inside and outside as well. This is a great corner to conduct business with all the new traffic coming from the newly opened Family Dollar store across the street. It is also a great commercial redevelopment opportunity.This lot is zoned light industrial, commercial. The building is grandfathered in residential so someone can also live there while having their business there. Is leased for $1000.00 per month + all utilities till end 2017. The zoning allows mixed use as redevelopment.
Zoning Description: Commercial
Lot Frontage: 117
Lot Depth: 50
Water Service: Municipal
Land Ownership: North Garden LLC
Legal Description: Enghurst Add to Clearwater Lots 31 and 32 Less RD

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,029 95,886 225,844
Median Age: 38.61 44.41 47
Households: 4,476 42,003 105,217
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