4717 22ND AVE S new

St Petersburg,FL 33711

$ 1200000

- Bed

0 Bath

5640 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,640 sqft

Price per Sqft $212

Subdivision Szymanskis Rep Annex

MLS Listing ID TB8380426

Year Built 1959

Annual Tax Amount $12,489

Lot Size 0.330 Acres

Property Sub-Type Retail

New Construction false

Property Description

Rare opportunity for an investment in the busy and sought-after area of Gulfport (actually located in St.
Petersburg) Florida. 4 stores fully occupied and 1 store leased and under renovation. Investment presented at a solid 7.5% Cap Rate (see below). Tenants pay CAM and share the cost of some utilities based on square footage. Outdoors is of absolute minimal maintenance. There is no deferred maintenance or CAPEX need outside of this building, with a new roof and resurfaced parking lot. Tenants pay for maintenance and improvements of the inside of all units. Half of the tenancy is with very long-time tenants owning well-established and reputable businesses. **IMPORTANT NOTE: PLEASE DO NOT VISIT, DISTURB, OR ASK BUSINESSES OR TENANTS- CONTACT BROKER ONLY**

Location

State FL

County Pinellas

Community Szymanskis Rep Annex

Area 33711 - St Pete/Gulfport

Zoning CCS-1

Interior

Cooling Central Air

Exterior

Parking Features Parking Spaces - 6 to 12

Building

Story 1

Foundation Slab

Structure Type Block

New Construction false

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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