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    177 Dr Martin Luther King Jr Street N , #177

    St Petersburg, FL 33701
    • $165,000
    • STATUS: Active
    • ON SITE: 953 days
    • MLS #: T2928610
    UPDATED: 85 min ago
    $165,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 540
      SQFT
    • $306
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1925
    County:
    Area:

    School Ratings & Info

    Description

    REAL ESTATE has changed because of the CORONA VIRUS and so has the market! Big expensive buildings that must charge big expensive rents are no longer the norm.This condo unit is affordable which offers opportunity for affordable rents. Unit 177 was a "Key West style dessert cafe. The cafe buildout is complete turnkey and ready to open immediately. The new restaurant Trent is smaller "To Go style with outside seating. This unit offers it all at an affordable price. Opportunity to purchase additional unit to combine spaces is available. Unit 177 and Unit 189 are next to each other. (See additional listing 189 MLK) . Investors dream come true possible 12%-15%+ Cap Rate.

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    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-09-23T07:40:43.623.
    www.alltampalistings.com/homes/80717042
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    177 Dr Martin Luther King Jr Street N , #177 St Petersburg, FL 33701

    • Price: $165,000
    • Status: Active
    • Updated: 85 min ago
    • MLS #: T2928610
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    540
    SQFT
    $306
    $/SQFT
    1925
    Built
    Neighborhood:
    St Pete
    County:
    Pinellas
    Area:
    St Pete
    Property Description
    REAL ESTATE has changed because of the CORONA VIRUS and so has the market! Big expensive buildings that must charge big expensive rents are no longer the norm.This condo unit is affordable which offers opportunity for affordable rents. Unit 177 was a "Key West style dessert cafe. The cafe buildout is complete turnkey and ready to open immediately. The new restaurant Trent is smaller "To Go style with outside seating. This unit offers it all at an affordable price. Opportunity to purchase additional unit to combine spaces is available. Unit 177 and Unit 189 are next to each other. (See additional listing 189 MLK) . Investors dream come true possible 12%-15%+ Cap Rate.
    Exterior Features

    Adjoining Property Commercial Construction Materials BlockStucco Lot Features Central Business District Parking Curb Parking Parking Features Curb Parking Roof Shingle Transportation Access Frontage Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Flooring ConcreteTile Heating Heat Pump Numof Restrooms 1 Office Retail Space Sq Ft 620 Water Source Public

    Property Features

    Additional Parcels Yn No Business Type Commercial Complex Development Name 185 Mlk Street Condo Condo Environment Yn Yes Condo Fee Monthly Amount 191 Condo Fees 191 Condo Fees Term Monthly Disclosures Lead Paint Electric 100 Amp Service Flood Zone Code X Floor Number 1 New Construction Yn No Pets Allowed No Property Condition Completed Property Sub Type Retail Realtor Info List Agent is Owner Special Listing Conditions None Tax Annual Amount 1805.03 Tax Year 2019 Total Num Buildings 1


    Listing information © 2020 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of P. Colby & Company Inc..



    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-09-23T07:40:43.623.
     
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    Signature Realty Associates
    1709 Bloomingdale Ave
    Valrico FL, 33596