Large Commercial (URBAN)

Price: $1,300,000

Property Description

{Two Buildings Plus Land} Welcome to cobblestone streets where the locals abide in Downtown Tarpon Springs. Surrounded by everything! These two multi-tenant buildings have been recently independently wired to be divided up into as many as 7 individual units labeled (A, B, C, D, E, F, G). It’s located in prime Downtown Tarpon Springs and could be anything as it is Zoned C2. The buildings have been updated and improved in many places over the years to include handicap accessible bathrooms, new air conditioners in offices and storage spaces, new electrical panels, reinforced roofing and insulation, 6 ft fencing and new sidewalks, overhead doors and storage closets and shelving. This would make for a great headquarters for any business as it is so versatile for many business needs. Currently the it’s Owner Occupied plus there are Multiple long term Tenants AND the owner would be willing to do a leaseback for the 1 bedroom residence located on the property at $1,500 a month OR if you wanted, the tenants leases could be bought out and you could redesign or build from scratch on the land (1/3 acre). There are also two individual garage spaces for lease currently of 700 square roughly that will go for $1,250 monthly. Tenants also pay additional monies for CAM – inquire with Broker for details and add-ons. This building and land/lot has many options to inquire about and Listing Broker forsees potential of $90,000.00 annual income if property leased at maximum capacity for its current structure/setup.

Quick Summary

Property ID:
5266
Property status:
Sale
Location:
301 E LEMON ST, TARPON SPRINGS, FL 34689
Area:
0.85 ft²
Parking place:
30

Map

Contact Agent

Kevin McCullough
Kevin S. McCullough has over twenty (20) years of experience in mortgages, legal, and all aspects of real estate. Prior to the inception of McCullough & Associates Realty, Inc. he was a mortgage broker for almost a decade and dealt with Conventional Fannie Mae and Freddie Mac lenders, HUD and…
Title:Managing Broker
Mobile:727-364-1359
Email:kevin@yourdailyrealestate.com