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Hawkins-Poe Realtors

info@hawkinspoe.com +1(253) 820-9000

$ 659,000

Est. payment | -/mo

3,612 SqFt

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$ 659,000

Est. payment | -/mo

Save Virtual Tour

3,612 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

Square Footage 3,612 sqft

Price per Sqft $182

MLS Listing ID U8068027

HOA Y/N No

Total Fin. Sqft 19657

Year Built 1952

Annual Tax Amount $6,041

Tax Year 2020

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Retail

Property Description

Reduced nearly $50K! This property is an investor's dream! This is a great opportunity to own a strip mall in St. Pete! Specifically includes 5787, 5789, 5791, 5793 54th Ave N and the neighboring lot, 5765 54th Ave N. The owner is turning 80 and looking to retire! His retirement is your gain as this strip mall is netting about 50k per year! Cap rate is about 7.57%. (See rent roll attached!) There are currently 3 tenants occupying 5 spaces, one of which is an empty lot. All of it is being sold together (2 parcels included in sale). All tenants have been there long-term and are on multi-year leases. Don't miss out on this great opportunity!

Location

State FL

County Pinellas

Area 33709 - St Pete/Kenneth City

Interior

Cooling Central Air

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Structure Type Block

New Construction No

Others

Tax ID 33-30-16-00000-330-0700

Ownership Sole Proprietor

Virtual Tour 2 https://www.propertypanorama.com/instaview/stellar/U8068027

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8068027

Listed by APEX BROKERAGE INC

Nearby Locations

License ID: 9531

+1(253) 820-9000 | info@hawkinspoe.com

5787-5793 54TH AVENUE N. Kenneth City, FL 33709