Palmetto, FL 34221,323 10TH AVE W
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Palmetto, FL 34221,323 10TH AVE W
Palmetto, FL 34221,323 10TH AVE W
Palmetto, FL 34221,323 10TH AVE W
Palmetto, FL 34221,323 10TH AVE W

$1,495,000

Est. payment /mo

$1,495,000

Est.Price: ?

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323 10TH AVE W Palmetto, FL 34221

14,526 SqFt

SOLD DATE : 12/11/2020

Key Details

Sold Price $1,495,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 14,526 sqft

Price per Sqft $102

Subdivision Lambs

MLS Listing ID A4475036

Sold Date 12/11/20

HOA Y/N No

Year Built 1923

Annual Tax Amount $19,104

Lot Size 0.270 Acres

Acres 0.27

Property Description

Enjoy steady cash flow from this 100% occupied building. The historic Crusader Building originally built in 1923 has been tastefully updated in its original charm with new roof, high impact windows, decorative awnings, air conditioning and more. A nice mix of office and professional tenants with the State of Florida's Department of Motor Vehicles, your anchor whose current lease runs through the end of December 2025. Located at Regatta Point and the Central Business District in the City of Palmetto, there is consistent high demand to be situated in this area. The Palmetto Community Redevelopment Agency recently acquired nearly two acres to build a parking garage downtown. Funding has also been approved for revitalization to the roads, sidewalks and lighting structures along 10th Avenue and the immediate surrounding area.

Location

State FL

County Manatee

Community Lambs

Zoning CG

Direction W

Interior

Heating Electric

Cooling Central Air

Exterior

Utilities Available Electricity Available, Public, Water Connected

Waterfront false

Building

Foundation Crawlspace

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Structure Type Concrete

New Construction false

Others

Ownership Corporation

Special Listing Condition None

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Stellar MLS
Listed by SVN COMMERCIAL ADVISORY GROUP
Bought with SVN COMMERCIAL ADVISORY GROUP

Stephen Michalakos

Senior Real Estate Advisor | License ID: SL3408427

+1(727) 601-8676

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