RETAIL OFFICE BUILDING FOR SALE

Retail-Commercial for Sale
Catylist Listing ID: 29923264
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 20,952 SF
Gross Building Area: 21,775 SF
Gross Land Area: 2.17 Acres
Sale Price: $690,000
Unit Price: $32.93 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 20,952 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage, Other
Cap Rate: 5.81%
Last Updated: 11/19/2017

Overview / Comments

OakHurst Plaza has been renovated and is leased with 13,300 sf. With 254 ft frontage on the new renovated US Highway 19 N, this property is centrally located with 2 entrances/exit. A total of 80 parking spaces in the front. Some additional space in the back. Perfect for call in center, showroom, retail, medical office, tech services, churches. The anchor spaces are occupied by one church and one furniture store.

Sunshine Professional Realty, their agents and affiliates are not responsible for any errors, omissions, changes, withdrawal or prior sale without notice. The Buyer and/or their representatives should conduct their own independent verification and analysis prior to the purchase of the subject property.

Attachments & Media

Financials

Finance Data Year 2016
Potential Rental Income $146,664 (Annual)
Net Operating Income $77,448 (Annual)
Gross Operating Income $131,998 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Taxing Authority: Pasco
Tax ID/APN: 23-24-16-0000-00400-0030
Zoning: C2
Retail Clientele: Business
Property Located Between: Just North of New York Ave, West side of US 19
Property Visibility: Excellent
Largest Nearby Street: US Highway 19 North
Feet of Frontage: 254
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Typical SF / Floor: 10,000 SF
Property Condition: Excellent
Year Built: 1981
Year Renovated: 2014
Construction/Siding: Block
Total Parking Spaces: 80
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface
Parking Description: 80 parking spaces in the front.
Heat Source: Central
Interior Description: OakHurst Plaza has been renovated and is leased with 13,300 sf. With 254 ft frontage on the new renovated US Highway 19 N, this property is centrally located with 2 entrances/exit. A total of 80 spaces in the front. Perfect for call in center, showroom, retail, medical office, tech services, churches. The anchor spaces are occupied by one church and one furniture store. Available are Suites #1D, #1E,# 2C. The owner is selling AS-IS.
Zoning Description: C2
Lot Frontage: 254 ft
Lot Depth: 372
Water Service: Municipal, Well
Sewer Type: Septic
Easements: Other
Easements Description: 2 septic tanks and one well (for irrigation only) is on neighbors lot in rear of property. There is no easement for this. Owner has estimate for conversion to public sewer.
Land Ownership: WIN WIN Holding LLC
Legal Description: COM SE COR OF LOT A OF GULF SIDE ESTATES SECOND ADDITION PB 6 PG 148 TH N39DEG 33' 04" E 100 FR FOR POB TH N50DEG 26' 56" W 150 FT TH S39DEG 33' 4" W 23.69 FT TH N89DEG 57' 26" W 102.61.FT TH 103.48FT...

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,396 31,494 67,121
Median Age: 57.74 52.31 50.62
Households: 2,189 14,125 30,119
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