$1,495,000

323 10th Avenue W #301

PALMETTO FL, 34221

Description

1: 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#A4475036
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1923
Days On Site79

Features

SQ Feet14,526
ZoningCG
Acreage0.27
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Area Information
StateFL
CountyManatee
CityPALMETTO
Zip Code34221
Area34221 - PalmettoRubonia
Listing VS Median (in 34221)
Price:
$1,495,000
low | high
Med:
$275,165
100% of Average
SqFt:
14,526
low | high
Med:
2,034
100% of Average
$ / SqFt:
$103
low | high
Med:
$135
18.554085891024% of Average
On Site:
79
low | high
Med:
106
74.528301886792% of Average
Listing Updated: 08/25/2020
Mike Migone PA LogoMLS Number: A4475036
Listing Provided By:
Mike Migone PA  of  SVN COMMERCIAL ADVISORY GROUP

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