Listing ID : U8133854
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Structure / Lot Size
8,432 Sqft / 0.23 Acre -
Year
1958
Description
Location, Location!! In the heart of downtown Treasure Island just a block from the Beach and Beach access. This is a Five unit mix use commercial building. Unique & Unusual in everyway. There are two ground floor commercial units fronting 107th Ave. near Gulf Blvd. across from the Clock Tower.. The two units are under lease. One commercial unit is 1,500 sg. ft. and the other the other is 3,000 sq. ft. commercial unit (Paradise Spa). The second story consists of 3 residential units: 2 - 1 bedroom / 1 bath units and 1 - 2bedroom/ 1.5 bath unit w/laundry. This unit has a very large game room/hobby room at the rear of it. All units are under one year leases. The residential units have been extensively upgraded (Kitchens, baths, paint, etc.) All three residential units share a private common exterior area. It is a 20' x 32' second story sun deck in the rear of the building. All utilities are paid by the individual tenant for their respective units except Water, sewer, and garbage ..... This property is commanding more than $12 per sq. ft.. The owner pays the water & sewer with the tenants being responsible for everything else. Top grade roof membrane installed only 10 years ago and comes with a 20 year warranty. All units are central H/AC units (one is only a year old) Sale includes the deeded parking lot with 11 spaces in front and two in the rear. This is an extremely convenient location in walking distance to Publix, multiple restaurants/bars, Banks, Hotels and Motels and of course the Gulf of Mexico. This is a Minimal maintenance Turn Key Property. OWNER will consider POSSIBLE OWNER FINANCING or other properties as Partial Trade for a portion of the purchase price.
