$5,850,000
$6,900,000
15.2%For more information regarding the value of a property, please contact us for a free consultation.
118-146 107TH AVE Treasure Island, FL 33706
15,000 SqFt
Key Details
Sold Price $5,850,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $390
Subdivision City Of Treasure Island
MLS Listing ID U8187114
Sold Date 06/30/23
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1953
Annual Tax Amount $41,904
Lot Size 1.000 Acres
Acres 1.0
Property Description
NEVER BEFORE OFFERED TREASURE ISLAND STRIP PLAZA!! Vintage mid 1950’s construction and in the same family ownership since inception. Property situated in the absolute “hub of tourist activity” lining the North side of Treasure Island Causeway (107th Ave.) ...starting with Liberte' (aka as Vacatia) and continues to Johnny's Bait and Tackle...just a block from the Gulf of Mexico!! Property is currently a fully functioning strip plaza with 11 (mostly long term) tenants and with no vacancies. Extensive roof repair/replacement recently completed. As the highest and best use of the property may be re-development it is not being marketed based upon current or past income and expense history nor capitalization rates.…Description: NORTH PLAZA…118 – 146 107th Ave., .. 14 contiguous store fronts currently with building area approx. 15,000 sq,. ft., plus deeded parking area all totaling 46,600 sq. ft. mol . .. Zoned Mixed Use Core (PR-MU core) permitting a multitude of potential re-development opportunities. Drive-by only. Please do not approach tenants directly under any circumstances.
Location
State FL
County Pinellas
Community City Of Treasure Island
Zoning PR-MU-CORE
Interior
Heating Central, Wall Units / Window Unit
Cooling Central Air, Other
Flooring Terrazzo, Vinyl
Exterior
Community Features Sidewalks
Utilities Available Electricity Available, Phone Available, Public, Water Connected
Waterfront false
Building
Lot Description Central Business District, Flood Insurance Required, FloodZone, City Limits, Oversized Lot, Shopping Center, Paved
Story 1
Entry Level One
Foundation Block
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water None
Structure Type Block
New Construction false
Construction Status Inspections
Others
Ownership Corporation
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with STELLAR NON-MEMBER OFFICE