Palmetto Income Producing

Retail-Commercial for Sale
Catylist Listing ID: 30170473
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 10,252 SF
Gross Building Area: See Agent
Gross Land Area: 26,418 SF
Sale Price: $925,000
Unit Price: $90.23 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 5/1/2019

Overview / Comments

Mixed use office/retail in Downtown Palmetto CRA. Excellent visibility at signalized intersection with ample private parking lot. Street frontage on main US 41 corridor. Currently fully leased. Owner occupies approximately 2,000 sq. ft. and will consider a lease back. Palmetto CRA incentives available.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 2699800005
Zoning: PL_CC
Retail Clientele: General, Business
Property Visibility: Excellent
Site Description: Signalized intersection
Area Description: Commercial, retail, office
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Construction/Siding: Block
Exterior Description: Store fronts
Parking Type: Surface
Zoning Description: Mixed use
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,468 63,380 159,546
Median Age: 39.57 39.36 43.69
Households: 3,366 23,806 66,835


Photograph of Listing Agent

William M Blalock

MFCRE Member
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