Owner-User or Value-Add Investment Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30817964
Property Subtypes: Street Retail, Other
Building Size (RSF): 4,982 SF
Gross Building Area: See Agent
Gross Land Area: 13,713 SF
Sale Price: $699,000
Unit Price: $140.31 PSF
Ceiling: 9 ft.
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2022

Overview / Comments

Property consists of 4,982 gross square feet comprised of three detached structures once operated by an ice cream operator. Currently being operated as a music studios for rent, property can be delivered vacant at close of escrow.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 16 31 28 01458 001 0030
Zoning: GENERAL COMMERCIAL
Site Description: Property is located in Gulfport, FL which is a submarket of St Petersburg. Gulfport is known for its artistic vibe and beach setting. 49th Street is main north-south thoroughfare within St Pete but also adjacent to the Pinellas Trail linking downtown St Pete via a bike/walking path.
Tenancy: Single Tenant
Year Built: 1969
Parking Type: Surface
Lot Frontage: 88
Lot Depth: 125

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,881 125,718 286,912
Median Age: 37.94 43.35 44.43
Households: 6,711 54,359 129,667

Contact

Photograph of Listing Agent

Erik Carlson

MICHAEL SAUNDERS & COMPANY
MFCRE Member
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