$1,725,000
$1,800,000
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9,967 SqFt
SOLD DATE : 07/02/2023
Key Details
Sold Price $1,725,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 9,967 sqft
Price per Sqft $173
Subdivision Harbor View 4
MLS Listing ID U8181568
Sold Date 07/02/23
HOA Y/N No
Originating Board Stellar MLS
Year Built 1990
Annual Tax Amount $19,209
Lot Size 0.980 Acres
Acres 0.98
Lot Dimensions 180x82
Property Description
This building currently zoned mixed use and was recently remodeled within last 5 -7 years. Sits on 1.42 acres located in Pinellas County within 1 mile of Florida’s beaches near Gulf Blvd. The building is located on a well traveled road with easy access, plenty of signage room for advertising, contains 2 stories, has a passenger elevator, and separate stair case to access upper level. It is approximately 10000 square feet was originally built in 1990 and a complete remodel has been completed between years 2015-2018. The building has brick exterior with newer metal roof, has central air and plenty of parking. The parking lot was redeveloped contains new security led lighting, new retainage ponds, new drains, mature landscaping, is enclosed with white vinyl fencing and has a mixture of asphalt and gravel, and contains 3 separate entrance for easy access. The renovations include new build out for Sushi restaurant and includes a outdoor patio enclosed in brick with beautiful flowers and greenery which enhances the outdoor eating experience. The interior buildout approximately 4900 square feet includes sushi bar for patrons to be able to dine as they watch sushi cooks prepare sushi. The design is contemporary and done in taste with dyed concrete flooring ,private booth seating in rear for larger parties, and plenty of seating in main area of restaurant. Buildout includes Office in the back for management, 2 ADA bathrooms, and new kitchen with new coolers, plenty of storage, new drains, electrical, plumbing. Owner states they will stay and pay rent for restaurant space of the building, or he will go and provide training to new owner and assist new owner in operations, he will provide equipment, recipes, employees, established business in area over 20 years, a great package deal for those interested in getting into Sushi Business! A must see !. In addition the rear half of the building has been built out to include a large center area with offices along both walls, a large conference room, new kitchen, 2 ADA bathrooms, new electrical on separate meter system, new drains, plumbing, and plenty of parking on the east end of the building and unit is approximately 2500 square feet, space can be used for variety of businesses. Currently this unit rents out for 2995.00 per month plus 200 for incidentals, trash, water and tenant pays for their own electric . On the second story of the building 11 office spaces that rent between $350-$560 a month and range between 89-189 square feet. There is a waiting area, break room, & conference room that units share. Currently units over 95% rented and most tenants are long term bringing in a steady flow of income. Upper Units have recently updated with new flooring and contain separate ADA bathrooms, & property manager on site. Overall many options available. Location is prime -building provides many options for investors/business owners - provides good consistent passive income - showing positive cash flow don’t let opportunity pass get in before too late. No where in Pinellas County will there be opportunity such as this. Parcel # included in sale 30-30-155 36486-000-1610, 1510, 1470- lots 147-152 & lots 161-164.
Location
State FL
County Pinellas
Community Harbor View 4
Zoning C-1
Interior
Heating Heat Pump, Natural Gas
Cooling Central Air
Flooring Concrete, Vinyl
Appliance Dishwasher, Microwave, Refrigerator
Exterior
Utilities Available Public
Roof Type Metal
Building
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Others
Pets Allowed No
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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