3 Unit Stand Alone w/ Live Work Active Cond Use Permit!

Retail-Commercial for Sale
Catylist Listing ID: 30801348
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Vehicle Related, Other
Building Size (RSF): 3,162 SF
Gross Building Area: See Agent
Gross Land Area: 0.17 Acres
Sale Price: $549,000
Unit Price: $173.62 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 2,454 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/30/2022

Overview / Comments

Now Available with a huge range of zoning uses. Located in the center of Palmetto next to Winn Dixie. Property consists of 3 units ranging from around 615 sf to 1230 sf. Property was a 4 unit building and can be transitioned back. Perfect set up for an owner occupied user, investor, or owner occupied that can lease out the remaining suites.

Per the City of Palmetto the CG zoning allows for:
Child Care, School, Multi-Family, General Retail, Motor Vehicle Sales, Medical/Dental, Office and more.

Seller has already completed the conditional use permit to transition this building into 75% residential and 25% commercial. This is transferred to the new owner. Great situation for a live work as well! Prior Survey on File along with the Conditional User Permit.

Site has had several upgrades including:
- New Roof in 2020
- Newer HVAC systems
- Termite tenting

Property has 3 electric meters and one water meter.

*MTM tenant in unit 604

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 2776700003
Zoning: CG
Total Number of Buildings: 1
Number of Stories: 1
Year Renovated: 2020

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,395 61,938 163,507
Median Age: 40.26 39.16 43.85
Households: 3,021 23,246 68,738


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