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Key Details
Sold Price $900,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 4,230 sqft
Price per Sqft $212
Subdivision Glazier Gallup List
MLS Listing ID U8160986
Sold Date 08/15/22
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1986
Annual Tax Amount $5,278
Lot Size 0.750 Acres
Acres 0.75
Property Description
Generate substantial passive income with this turnkey commercial shopping center containing five (5) historied tenants, all with fresh leases! The property, located on 15th St. E features 200 ft of road frontage just 2 blocks south of the intersection of US Hwy 301 where traffic counts exceed 30k cars per day . The 5100 sf block construction building features a metal roof, five built-out spaces with individual bathrooms, a walk-in freezer for the seafood restaurant, loyal tenants, and no vacancies. Relax and simply collect your checks with this established shopping center priced to reflect a generous 7% rate of return.
Location
State FL
County Manatee
Community Glazier Gallup List
Zoning GC
Direction E
Interior
Cooling Central Air
Exterior
Waterfront false
Roof Type Built-Up, Metal
Building
Lot Description Shopping Center
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Block, Brick, Stucco
New Construction false
Construction Status Inspections
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with EXP REALTY LLC
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