10625-10641 1st St E - Storefront Retail/Office FOR SALE


Treasure Island, FL 33706
$3,600,000 USD
727-430-9274
10625-10641 1st St E, Treasure Island, FL for Sale
$3,600,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | Request Cap Rate

10625-10641 1st St E
Treasure Island, FL 33706


OVERVIEW

Contact Skip Cole , 727-458-4955 for questions concerning this property...CHANGE OF PLANS brings a highly unusual and unique 10,000+ sq. ft, Treasure Island property back to the market. Consisting of 8 various sized, fully leased, entrepreneur-type office units situated on the second floor generating $4,476.00 monthly and a ground floor dog grooming operation (Woof Gang Grooming) on a 5 year lease producing $1,567.00 monthly. The remaining first floor 4,600 sq. ft. is currently vacant and strategically laid out for a professional medical facility (ie: doctor, dentist, veterinary) type operation but the C-2 zoning allows for a plethora of additional operations including but not limited to retail, office (ie: insurance or real estate) and restaurants. The metal studs are in place defining a possible layout which can be altered. Lines for both sewer and water (new from the street in) are installed with cast iron removed and replaced. Various electric upgraded and the very durable Hardie cement board (siding) installed on entire west side of building soon to be stuccoed and painted. West side also includes brand new hurricane resistant doors and windows. There are a total of 29 parking spaces with front and rear alley access on a lot measuring 99’ x 134’. Brand new roof installed 1/10/25 with transferrable warranty. New HVAC scheduled to be installed on second floor.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$360 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C2, Treasure Island

APN/PARCEL ID

23-31-15-91818-011-0010

ASK ABOUT THIS PROPERTY

James WhiteCentury 21 Jim White & AssociatesMore Info
727-430-9274

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

James WhiteCentury 21 Jim White & AssociatesMore Info
727-430-9274

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.