SQUARE FEET7,124
MLS#U8248063
STATUSActive
PROPERTY TYPECommercial - Retail
SUBDIVISIONPALM HARBOR ESTATES
Property Description
PRICE REDUCTION! Take advantage of this rare opportunity to own a 6000sf (mol) retail stripcenter in the heart of one of Pinellas County's most desirable communities, Palm Harbor. This popular stripcenter is located in the Downtown Palm Harbor district on busy hwy alternate 19, close to dozens of thriving businesses which includes restaurants, coffee shops, breweries, retail shops and much more. The Downtown Palm Harbor district is growing rapidly and will soon be the next downtown Dunedin. Barrier to entry into this market is high now and will only be more difficult in the near future. A high income demographic and dense local population with over 20,000 average vehicles per day provides strong support for any retail and/or office in the stripcenter. Capital expenditure includes over $75,000 for a new roof in November 2023, $25,000 for three new AC units in January 2024 and $8,000 for new gutters in June 2019. The property is pristine with excellent maintenance history. Long term, quality tenants in place. All leases are triple net leases. There is an HOA in place which manages the common areas, parking lot, trash removal and grounds. The HOA is very relaxed and only manages the trash, parking lot resurfacing and other minor things with the shared property. See HOA fees in offering memorandum.The second floor is currently unfinished. Investment into finishing the second floor of the stripcenter can increase the rentable square footage by approximately 3000 additional square feet. It is buyer's sole responsibility to confirm with local authorities about regulations, requirements and ability to expand the rentable square footage on the second floor. X500 flood zone only requires minimum flood coverage.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Heating: Heat Pump
Lot Size: 0.63 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $14,319
Year Built: 2004
Feature Descriptions
Building: Bathrooms, Loft
Community Features: Sidewalks
Condo Fee: $3190/ Semi Annual
Days on Site: 714
Directions: Take Nebraska or Tampa Rd West. Take Alt 19 North for approximatley 1 mile. Stripmall on your right.
Exterior: Block
Flood Zone Code: X500
Flooring: Laminate, Vinyl
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.63
Number of Offices: 6
Number of Restrooms: 5
Ownership: Corporation
Parking: Parking Spaces - 19 to 30
Parking Notes: Parking Spaces - 19 to 30
Property Attached Y/N: No
Property Sub-Type: Retail
Sale Includes: Building(s) and Land, Leases
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Public, Water Connected
Water: Public
Water Access Y/N: No
Zoning: C-1
Listed By / Shown By
Listed By
Agency Name: VIEWPOINT REALTY INT'L INC
Agency Contact: 727-584-7355
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
1454-1470 Alt 19, Unit 1454-1470 | MLS# U8248063
This commercial property located at 1454-1470 Alt 19, Unit 1454-1470, Palm Harbor, FL 34683 is currently listed for sale with an asking price of $1,750,000. Search Palm Harbor real estate on www.realtymark.net today.