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5787-5793 54TH AVENUE N. Kenneth City, FL 33709

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719900

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-1Bed

0Bath

3612SqFt

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Key Details

Property Type: Retail-Commercial, Business Opportunity

Sub Type: Retail

Listing Status: Active

Purchase Type: For Sale

Square Footage: 3,612 sqft

Price per Sqft: $199

Lot Size: 0.426 Acres

Year Built: 1952

MLS Listing ID: U8068027

Total Fin. Sqft: 19657

Property Description

Reduced nearly $50K! This property is an investor’s 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 over 50k per year! Cap rate is about 7.5%. (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. Don’t miss out on this great opportunity!

Location

State: FL

County: Pinellas

Area: 33709 - St Pete/Kenneth City

Direction: Take exit 28 off of I-275 for FL 694 W toward Pinellas Park/Gandy Blvd. Merge onto Gandy Blvd. Take a left onto 49th St N. Turn right onto 54th Ave N.

Interior

Cooling: Central Air

Building

Foundation: Slab

Structure Type: Block

Others

Senior Community: No

Tax Amount: $5,400

Tax Year: 2019

Tax ID: 33-30-16-00000-330-0700

SqFt Source: Owner

Special Sale: None

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Listing provided by APEX BROKERAGE INC

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Nearby School & Properties

School data provided by GreatSchools for your convenience. Please contact schools directly for enrollment eligibility.

Property History

Date Event Price Source

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Bob Mandala

 815-621-4795

Broker License ID: 475.134979

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