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1454-1470 ALT 19 UNIT 1454-1470

Comercial En Venta
$2,200,000

BTC: 23.19753811

ETH: 654.76190476

-$250K (2024/07/18)
180 días
0 room(s)
5,750 sqft
Est. Rango de ventas estimado: $0 - $0
$0

Visión general

Owner Financing Available With Attractive Terms! Price Reduction. Take advantage of this rare opportunity to own a 6000sf (mol) retail stripcenter in the heart of one of Pinellas County’s most desirable communities, Palm Harbor. This popular stripcenter is located in the Downtown Palm Harbor district on busy hwy alternate 19, close to dozens of thriving businesses which includes restaurants, coffee shops, breweries, retail shops and much more. The Downtown Palm Harbor district is growing rapidly and will soon be the next downtown Dunedin. Barrier to entry into this market is high now and will only be more difficult in the near future. A high income demographic and dense local population with over 20,000 average vehicles per day provides strong support for any retail and/or office in the stripcenter. Capital expenditure includes over $75,000 for a new roof in November 2023, $25,000 for three new AC units in January 2024 and $8,000 for new gutters in June 2019. The property is pristine with excellent maintenance history. There is an HOA in place which manages the common areas, parking lot, trash removal and grounds. See HOA fees in offering memorandum. There is huge upside potential. Increasing the below market base rents and charging triple net fees (which only one of the current tenants pay) will significantly increase income. Increasing triple net fees alone will increase the revenue by almost $33,000 annually. Base rents can be increased accordingly. See proforma attached, with other associated financial, comp and related due diligence documentation. The second floor is currently unfinished. Investment into finishing the second floor of the stripcenter can increase the rentable square footage by approximately 3000 additional square feet. It is buyer’s sole responsibility to confirm with local authorities about regulations, requirements and ability to expand the rentable square footage on the second floor. X500 flood zone only requires minimum flood coverage.

Ubicación

Hechos y características

Tipo:
Commercial Sale
Estacionamiento:
19 to 30 Spaces
Año de construcción:
2004
Lote:
0.63 Hectáreas
Calefacción:
Heat Pump
precio por sq. medidor:
$383
Enfriamiento:
Central Air
HOA:
Sin datos
Más hechos y características
  • Piso

    • Laminate

    • Vinyl

    Calefacción

    • Heat Pump

    Enfriamiento

    • Central Air

  • Estacionamiento

    • 19 to 30 Spaces

    Lote

    • Lote: 0.63 Hectáreas

    Otra Información de Propiedad

    • Número de Parcela: 012815656280480040

    • Zonificación: C-1

  • Tipo y estilo

    • Tipo de propiedad: Commercial Sale

    • Subtipo de propiedad: Retail

  • Utilidad

    • Public

    • Water Connected

  • Otra información financiera

    • Importe anual de impuestos: $14,319

  • Detalles de la fuente

    • MLS ID: U8248063

    Otros hechos

    • Materiales de construcción: Block

    • Detalles de la fundación: Slab

    • Salón: 5750

    • Fuente de agua: Public

    • Nombre de subdivisión: PALM HARBOR ESTATES

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: VIEWPOINT REALTY INT'L INC