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Gelfand Realty Miami Properties - Retail

1241 MARTIN LUTHER KING JR N, ST PETERSBURG, FL 33701

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Retail - EAST VIEW ADD

1241 MARTIN LUTHER KING JR N, ST PETERSBURG, FL 33701

Sold Price$410,000 Asking Price$485,000

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  • Days on market:

    142 day(s)
  • Original Price:

    $485,000
  • Price per sqft:

    $76.44
  • Tax Legal Description:

    EAST VIEW ADDITION LOTS 5 AND 6
  • Tax Year:

    2012
  • Property Type:

    Retail
  • Parking:

    19 to 30 Spaces
  • Construction Type:

    Frame Siding
  • Roof:

    Gable/Hip
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Special Listing Conditions:

    None
  • Lot Features:

    Corner Lot Historic District

Description

$485,000 • living size area 6345 sqft

The owner's other business opportunities provide a great opportunity. 150' of frontage on one of st petersburg's main thoroughfares and with a direct connection to i-275 and 18,000 sf+ corner lot and over 7,000 tsf in 2 commercial buildings offer a uniqueopportunity for commercial use and/or development. options include future development, and a variety of office, professional, and retail uses. included and in place is an income producing and well known business offering steady income, long standing tenants and even greater return potential for the right owner. current income and rents provide a substantiated 12% cap +/- and the seller is able to willing to provide assistance as needed to insure your continued success. call la for details and showings. please do not disturb tenants or customers as business is ongoing. this property also includes parcel id 18-31-17-24174-000-0040 adjoining parcel as part of the sale.

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