$1,650,000

323 10th Avenue W #301

PALMETTO FL, 34221

Description

Enjoy steady cash flow from this 100% occupied building. The historic Crusader Building originally built in 1923 has been tastefully updated in its original charm with new roof, high impact windows, decorative awnings, air conditioning and more. A nice mix of office and professional tenants with the State of Florida's Department of Motor Vehicles, your anchor whose current lease runs through the end of December 2025. Located at Regatta Point and the Central Business District in the City of Palmetto, there is consistent high demand to be situated in this area. The Palmetto Community Redevelopment Agency recently acquired nearly two acres to build a parking garage downtown. Funding has also been approved for revitalization to the roads, sidewalks and lighting structures along 10th Avenue and the immediate surrounding area.

Details

MLS#A4451960
StyleIQWeb_Office Bldg
Sub-TypeResale
StatusActive
Year1923
Days On Site27

Features

SQ Feet14,526
Story(s)1
ZoningCG

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Area Information

StateFL
CountyManatee
CityPALMETTO
Zip Code34221
Area34221 - Palmetto/Rubonia
Listing VS Median (in 34221)
Price:
$1,650,000
low | high
Med:
$259,990
100% of Average
SqFt:
14,526
low | high
Med:
2,241
100% of Average
$ / SqFt:
$114
low | high
Med:
$117
46.966424774816% of Average
On Site:
27
low | high
Med:
36
75% of Average
Listing Updated: 12/13/2019
MLS Number: A4451960
Listing Provided By:
Mike Migone, PA  of  SVN COMMERCIAL ADVISORY GROUP

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.