DRAMATIC price drop! Endless Possibilities-Flex Space

Industrial for Sale
Catylist Listing ID: 30622169
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom
Building Size (RSF): 13,824 SF
Sale Price: $1,149,000
Unit Price: $83.12 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User, Business
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 7/16/2020

Overview / Comments

DRAMATIC PRICE DROP now offered at $1,149,000!! Must see this fully air conditioned 13,824 SF building that has been meticulously updated including the addition of a fire sprinkler system. The all masonry building is extremely well built and includes a large functioning freight elevator. Property is currently owner occupied by a martial arts school and training facility. There is an extensive amount of state-of-the-art fitness equipment that is available for sale separately. Building includes attractive reception area, lounge, office, full male and female locker rooms, weight training room, full-size boxing ring and large open training area on the ground floor. The 2nd floor boasts additional classroom/study areas, locker rooms, multiple training areas, restrooms and a large 1-bedroom apartment that is well equipped with an en-suite bath and walk-in closet. This is the largest privately owned martial arts school in the U.S.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 16 31 11 90252 000 0010
Zoning: IT
Property Located Between: Subject is well located just west of I-275 and north of 22nd Avenue N (Home Depot & Lowes) .
Highway Access: Interstate 275 via 22nd Avenue North
Airports: Tampa International Airport St Petersburg/Clearwater Airport
Area Description: Located within an area compromised of industrial parcels with future redevelopment sites close by.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 6,912 SF
Property Condition: Good
Year Built: 1951
Year Renovated: 2013
Roof Type: Flat
Construction/Siding: Block, Stucco
Exterior Description: Painted concrete block with stucco finish on front fa├žade.
Parking Ratio: 1.4 (per 1000 SF)
Parking Type: Surface
Parking Description: 6 open parking spaces on the east side and an additional 4 spaces along the south side of the building.
Total Parking Spaces: 10
Freight Elevators: 1
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Lighting: Fluorescent
Internet Access: Cable
Zoning Description: Industrial Traditional
Lot Frontage: 100
Lot Depth: 150
Water Service: Municipal
Sewer Type: Municipal
Legal Description: TERMINAL CENTER REPLAT LOTS 1 & 2 (TRACT 1)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,730 153,871 298,667
Median Age: 39.47 41.58 43.15
Households: 7,101 68,193 132,226


Photograph of Listing Agent

John P. Barkett

Barkett Realty LLC CE-FL Member
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