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5522 GULF DRIVE

Commercial Recently Sold
$800,000

BTC: 12.18737294

ETH: 300.72700754

Sold on: 2024-08-02
84 days
0 room(s)
4,218 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

With 9 years remaining on the lease contract, the new owner stands to benefit from rental income and annual increases upon assuming ownership. Currently renovated and tailored for use as a daycare, the building's adaptable design lends itself to a variety of potential uses. Offering more than 30 parking spaces situated both at the front and rear of the property, accessibility is maximized for both tenants and visitors. Positioned on a corner lot, the property's strategic location facilitates circulation and enhances its inherent value. Furthermore, the inclusion of a second parcel and a triple net lease structure provide additional advantages for prospective owners, ensuring ease of management and potential for robust returns. In summary, this property presents a lucrative investment opportunity with keys readily available for effortless acquisition.

Location

Facts and features

Type:
Commercial Sale
Parking:
19 to 30 Spaces / Over 30 Spaces
Year Built:
1982
Lot:
0.52 Acres
Heating:
Central / Electric
Price/sqft:
$236
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Carpet

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

  • Parking

    • 19 to 30 Spaces

    • Over 30 Spaces

    Property

    • Levels: One

    Lot

    • Lot: 0.52 Acres

    Other Property Information

    • Parcel Number: 0826160230000000040

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Business

  • Utility

    • Electricity Available

  • Other financial information

    • Annual tax amount: $5,500

  • Source details

    • MLS ID: W7860861

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Slab

    • Lot Features: Corner Lot / Oversized Lot / Sidewalk

    • Living Area: 4218

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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: REALTY ONE GROUP ADVANTAGE