10
See all 10 photos
$659,000
Est. payment /mo
3,612 SqFt
Pending
5787-5793 54TH AVENUE N. Kenneth City, FL 33709
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UPDATED:
Key Details
Property Type Commercial Sale
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
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Listed by APEX BROKERAGE INC
