$2,734,000
$2,999,000
8.8%For more information regarding the value of a property, please contact us for a free consultation.
10,494 SqFt
SOLD DATE : 02/29/2024
Key Details
Sold Price $2,734,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 10,494 sqft
Price per Sqft $260
Subdivision Treasure Island City Of
MLS Listing ID U8212298
Sold Date 02/29/24
Construction Status Other Contract Contingencies
HOA Y/N No
Originating Board Stellar MLS
Year Built 1959
Annual Tax Amount $17,896
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 99x134
Property Description
Highly unusual and unique income producing opportunity for the discriminating investor/user located in Treasure Island proper. Commercial multi-tenant building with two flourishing businesses (first floor) anchoring the operation and 10 second floor (on 1 year lease arrangements) office units accommodating the small business operator/entrepreneur. Building fully occupied! This structure has been the home of a "hardware store" operation for nearly 40 years. The dog grooming shop next door co-anchors the site. Both are owner operated and both can continue to operate under a lease agreement (sale/lease back) to be successfully negotiated between buyer and seller during contract negotiations or seller can vacate per terms also to be negotiated. Well maintained improvement and in the hub of tourist/city activity in the surrounding area. Subject property is situated on a lot measuring 99x134 and affords more than adequate parking (front and rear) accommodating up to 29 automobiles. Much local redevelopment is in progress. Liberal C-2 Zoning permitting a huge variety of operations or continue on as an income producing property. Please drive-by only!!
Location
State FL
County Pinellas
Community Treasure Island City Of
Zoning COMM
Direction E
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Exterior
Roof Type Shingle
Building
Lot Description Central Business District, Flood Insurance Required, FloodZone, Street Lights, Paved
Story 2
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water None
Structure Type Concrete,Stucco,Wood Frame
New Construction false
Construction Status Other Contract Contingencies
Others
Ownership Corporation
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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