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119 BRIDGE STREET

Commercial Recently Sold
$5,320,000

BTC: 55.12315881

ETH: 1,565.00047068

Sold on: 2022-04-01
New
0 room(s)
5,790 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Prime investment opportunity at a great price in a new construction mixed use development on Bridge street .This property proved to be pandemic proof with its tenancy during 2020 . The property also benefits from being granted planning approval last year to construct apartments over the large private rear parking lot , these would be projected to increase gross revenue by at least $25,000 per month . Property is currently achieving a Gross income of $350000+PA or a 5% gross cap rate . Full architectural plans available

Location

Facts and features

Type:
Commercial Sale
Parking:
13 to 18 Spaces
Year Built:
2018
Lot:
0.23 Acres
Heating:
No Data
Price/sqft:
$950
Cooling:
Central Air / Mini-Split Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Tile

    • Concrete

    Cooling

    • Central Air

    • Mini-Split Unit(s)

  • Parking

    • 13 to 18 Spaces

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 7737700059

    • Zoning: C2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Utility

    • Electricity Available

    • Natural Gas Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $23,638

  • Source details

    • MLS ID: A4530019

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Slab / Stilt/On Piling

    • Lot Features: Central Business District / Historic District

    • Living Area: 5790

    • Subdivision Name: CORTEZ BEACH

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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: AMI REAL ESTATE INC