Hard Corner Lot on US Hwy 19

Retail-Commercial for Sale
Catylist Listing ID: 30007800
Property Subtypes: Free-Standing Building, Service Station/Gas Station, Vehicle Related, Other
Building Size (RSF): 2,681 SF
Sale Price: $1,330,000
Unit Price: $496.08 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/25/2017

Overview / Comments

Berkshire Hathaway HomeServices Florida Properties Group – Commercial Division proudly presents 38652 US Highway 19 North in Tarpon Springs. This property is located on a highly desirable hard corner lot on US Hwy 19 and Klosterman Road, with excellent ingress and egress from both roads. With traffic counts of nearly 70,000± cars per day and US 19 being a major arterial road, the property boasts high visibility and excellent exposure. The property has 200± feet of Frontage on US Hwy 19 N and 200± feet of Frontage on Klosterman, and this major intersection connects Tarpon Springs and Palm Harbor.
The property is zoned CP-1 and is .91 acres, and includes a gas station that has been repurposed to a used car lot, a car wash, and a convenience store. The existing structure is 2,681± square feet and is constructed of concrete block and stucco. The property is currently leased for a total of $4,700 per month, but both leases can be terminated on short notice. On the opposing corners, there is a 7-Eleven, a Dunkin Donuts, a drycleaners, a Speedway gas station, and a RaceTrac gas station under construction. The property is also within walking distance to St. Petersburg College. This busy corner would make an excellent location for retail, restaurant, drive-thru, gas station or office space requiring high visibility and easy access. Previous environmental concerns have been corrected.

Attachments & Media

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 192716894420000282

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,003 56,876 148,787
Median Age: 52.7 48.24 47.51
Households: 2,914 24,777 65,147

Source

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