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5787-5793 54TH AVENUE N.

Kenneth City, FL 33709
  • $687,900
  • STATUS: Active
  • ON SITE: 684 Days
  • MLS #: U8068027
UPDATED: 41 min ago
$687,900
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,612
    SQFT
  • $190
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1952
County:

School Ratings & Info

Description

Reduced nearly $50K! This property is an investors 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 7.25%. (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. Dont miss out on this great opportunity!

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© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-10-24T14:42:04.643.
www.armelrealestate.com/homes/101599304
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5787-5793 54TH AVENUE N. Kenneth City, FL 33709

  • Price: $687,900
  • Status: Active
  • Updated: 41 min ago
  • MLS #: U8068027
0
Beds
0
Baths
0
½ Baths
0.43
Acres
3,612
SQFT
$190
$/SQFT
1952
Built
Neighborhood:
St Pete/Kenneth City
County:
Pinellas
Area:
St Pete/Kenneth City
Property Description
Reduced nearly $50K! This property is an investors 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 7.25%. (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. Dont miss out on this great opportunity!
Exterior Features

Construction Materials Block Covered Spaces 0 Foundation Details Slab Open Parking YN No Road Frontage Type City Street Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 19657 Cooling Central Air Cooling YN Yes Heating YN Yes

Property Features

Business Type Professional ServiceRetail Flood Zone Code X New Construction Yn No Ownership Sole Proprietor Property Sub Type Retail Special Listing Conditions None Tax Annual Amount 6041.61 Total Annual Fees 0 Total Monthly Fees 0


Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Apex Brokerage Inc.



© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-10-24T14:42:04.643.
 
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